BIP122 Namespace - Addresses

For context, see the CAIP-10 specification.

Rationale

While Ethereum “accounts” were the unstated norm in the definition of CAIP-10, the “script hashes” addressing scheme defined by BIP13 map well enough to “account”-model blockchains that these can be described by a CAIP-10 reference as “addresses”. Other aspects of the UTXO wallet and transaction model (choice of inputs, arbitrary data in witness sections of a segwit transaction, multi-party signature methods, etc.) are topics of ongoing research and community input is welcome, although additional CAIPs may be needed to specify them for chain-agnostic purposes.

Syntax

At time of writing, only three kinds of address are currently in wide use, with a fourth mostly obsolete in modern usage. All four, in their most common ASCII base-encodings (base-58-btc, bech32, and bech32m; see below) are of a short enough length to simply include them in their entirety as the account_address segment of a CAIP-10 identifier. This choice not to transform or subset addresses preserves checksum, sortability, and detectability features of all three modern address types, while also minimizing collision risk.

In order of their adoption on Bitcoin mainnet, the four types of addresses in Bitcoin are:

1. Legacy address, aka pay-to-publickey-hash (P2PKH). These begin with 1 and are base58btc-encoded. Defined in the bitcoin whitepaper, these are exceedingly rare in contemporary practice due to higher transaction fees and limited functionality compared to the newer types described below. Legacy addresses are not derived from “extended keys” as per the subsequent BIP44 standard, but are rather hashes of unique public keys, which makes them a weak analogue to addresses in “account-model” systems; for these reasons, they are excluded from CAIP-10 usage.
2. Pay-to-script-hash (P2SH) address. These were specified in the early BIP13, and swiftly became the dominant address and signature type in the early years of Bitcoin usage after becoming supported by a soft fork in 2012. They are base58btc-encoded and always begin with 3 in ASCII form on Bitcoin mainnet.
3. Native Segregated-Witness Address (SegWit), aka pay-to-wrapped-publickey-hash (P2WPKH) Address. The derivation of these was standardized in BIP84, and the soft-fork supporting them at the protocol level on Bitcoin mainnet was coordinated by BIP141. They are encoded into ASCII according to the bech32 algorithm, and always begin with bc1q on Bitcoin mainnet. At time of press, these are nearly universal due to lower transaction fees and higher security than older types.
4. Taproot (P2TR). They are encoded into ASCII according to the bech32m algorithm, and always begin with bc1q. Not all wallets support taproot addresses at time of writing, but a Taproot address is required to claim the output of an Ordinal-minting transaction (i.e., a special satoshi) and Taproot addresses have certain privacy properties (on-chain obfuscation of multisig scripts, for example) that drive ongoing adoption.

Note that many forks and variants within the BIP122 design space use different literals to compute addresses, leading to different prefixes and checksum mechanisms on Bitcoin testnet and on other chains in the family of related networks.

Validation

With the exception of the first, all three can be rudimentarily validated with the following regular expression for Bitcoin mainnet:

^(bc1|3)[a-km-zA-HJ-NP-Z1-9]{25,34}$

Rough validation for other networks can be achieved by updating the prefixes in the first enumeration of literals for the network-specific address-types targeted, and (if needed) updating the minimum and maximum lengths accordingly.

For more precise validation, it is recommended to first detect the type from the prefix as mentioned above, then compute the type-specific checksum as specified in the corresponding Bitcoin Improvement Proposals linked above (taking into account that networks other than Bitcoin mainnet use different literals, affecting not just the prefixes but also the checksum algorithms).

Backwards Compatibility

Previously, the legacy CAIP-10 schema was defined by appending as suffix the CAIP-2 chainId delimited by the at sign (@)

Legacy example

35PBEaofpUeH8VnnNSorM1QZsadrZoQp4N@bip122:000000000019d6689c085ae165831e93

Test Cases

# Bitcoin mainnet, P2SH address
bip122:000000000019d6689c085ae165831e93:35PBEaofpUeH8VnnNSorM1QZsadrZoQp4N

# Bitcoin mainnet, Native SegWit address (P2WPKH)
bip122:000000000019d6689c085ae165831e93:bc1qwz2lhc40s8ty3l5jg3plpve3y3l82x9l42q7fk

# Bitcoin mainnet, Taproot address
bip122:000000000019d6689c085ae165831e93:bc1pmzfrwwndsqmk5yh69yjr5lfgfg4ev8c0tsc06e

# Bitcoin testnet, Native SegWit address (P2WPKH)
bip122:000000000933ea01ad0ee984209779ba:tb1qrp33g0q5c5txsp9arysrx4k6zdkfs4nce4xj0gdcccefvpysxf3q0sl5k7

# Dogecoin mainnet, P2PKH address
bip122:1a91e3dace36e2be3bf030a65679fe82:DBcZSePDaMMduBMLymWHXhkE5ArFEvkagU

# Dogecoin testnet, P2PKH address
bip122:bb0a78264637406b6360aad926284d54:nXprPppuYCyxrrW6eVh4koUz8kTFrAvGo8

# Litecoin mainnet, Native SegWit address (P2WPKH)
bip122:12a765e31ffd4059bada1e25190f6e98:ltc1q8c6fshw2dlwun7ekn9qwf37cu2rn755u9ym7p0

# Litecoin testnet, Native SegWit address (P2WPKH)
bip122:4966625a4b2851d9fdee139e56211a0d:tltc1qlustmw64lgd744h45n0t07wxnxw8pmv2sv07r9

References

• BIP13: Bitcoin Improvement Proposal specifying “Script Hash” addresses
• BIP21: Bitcoin Improvement Proposal specifying bitcoin URI scheme
• BIP122: Bitcoin Improvement Proposal specifying blockchain URI scheme

Rights

Copyright and related rights waived via CC0.

Citation

Please cite this document as:

Simon Warta, ligi, Pedro Gomes, bumblefudge, RareData, "namespaces/bip122-caip10: BIP122 Namespace - Addresses [DRAFT]," Chain Agnostic Namespaces, bip122-caip10, December 2019 / June 2024. [Online serial]. Available: https://github.com/ChainAgnostic/namespaces/bip122-caip10.md