13 Jan Why do most multisig wallets use m/48’/0’/0’/2 as a derivation path ?
BIP44 specifies that
change is either a constant 0 for regular addresses and 1 for change addresses. Yet, most wallets use
m/48'/0'/0'/2 with a
change value of 2 for native segwit. Why?
Also, why was 48 choosen as the
purpose value for multisig wallets?