andytoshi changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | This channel is logged. | For logs and more information, visit https://bitcoin.ninja
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<sturles> Is it possible to create a BIP 84/49/44 watch only wallet in Bitcoin Core using the xpub of a wallet?
<sipa> yes, if you can write it as a descriptor
<sturles> Fantastic! If I import private keys into that wallet, will the coins then become spendable? My idea is a hot/cold wallet combination where incoming transactions go to the cold wallet (offline) and I move coins to the hot wallet as needed by importing private keys to unspent outputs. Possible problem: The cold wallet won't know how to create change outputs belonging to the same wallet.
<sipa> you can construct a descriptor for the change as well
<sipa> and import both
<sipa> (you need the new descriptor wallets, which were just introduced in 0.21, and still experimental)
<sipa> import the descriptors with xprvs in the offline version, and the ones with corresponding xpubs in the online version
<sturles> Perfect! I will read and test.
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<Chris_Stewart_5> Relaying this question here from nkohen
<Chris_Stewart_5> >Does anyone here know of any efficient and practical schemes for doing Verifiable Encryption of Discrete Logs? That is to say encryption of a private key which can be validated using only the corresponding public key and the encryption key?
<Chris_Stewart_5> >Asking because of a use case where it could make multi-oracle DLCs scalable: https://mailmanlists.org/pipermail/dlc-dev/2021-March/000060.html
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<waxwing> aj, that paper looks really quite interesting, thanks for the tip
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<jeremyrubin> https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2021-March/018699.html << Taproot Activation Meeting scheduled for this Tuesday
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