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A Python implementation of BIP46: Address Scheme for Timelocked Fidelity Bonds

Project description

BIP46 - Address Scheme for Timelocked Fidelity Bonds

Python implementation of BIP46: Address Scheme for Timelocked Fidelity Bonds.

Example

Create a redeem script from a mnemonic

from datetime import UTC, datetime

from bip46 import (
    create_redeemscript,
    hdkey_derive,
    hdkey_from_mnemonic,
    hdkey_to_pubkey,
    lockdate_to_derivation_path,
    redeemscript_address,
    redeemscript_pubkey,
)

network = "mainnet"
lock_date = datetime(2042, 6, 1, tzinfo=UTC)
lock_path = lockdate_to_derivation_path(lock_date, network=network)

hdkey = hdkey_from_mnemonic(
    "abandon abandon abandon abandon abandon abandon"
    " abandon abandon abandon abandon abandon about",
    network=network,
)
redeem_key = hdkey_derive(hdkey, lock_path)
redeem_pub_key = hdkey_to_pubkey(redeem_key)
redeem_script = create_redeemscript(lock_date, redeem_pub_key)
script_pubkey = redeemscript_pubkey(redeem_script)
script_address = redeemscript_address(script_pubkey, network=network)

Create addresses from an xpub

BIP46 paths include hardened account components: m/84'/coin_type'/0'/2/index. A public key cannot derive those hardened components, so pass an account-level xpub for m/84'/coin_type'/0'. The library will derive the public BIP46 suffix 2/index from that account xpub.

from datetime import UTC, datetime

from bip46 import (
    create_redeemscript,
    hdkey_derive,
    hdkey_from_xpub,
    hdkey_to_pubkey,
    lockdate_to_derivation_path,
    redeemscript_address,
    redeemscript_pubkey,
)

network = "mainnet"
lock_date = datetime(2042, 6, 1, tzinfo=UTC)
lock_path = lockdate_to_derivation_path(lock_date, network=network)

hdkey = hdkey_from_xpub("xpub...")
redeem_key = hdkey_derive(hdkey, lock_path)
redeem_pub_key = hdkey_to_pubkey(redeem_key)
redeem_script = create_redeemscript(lock_date, redeem_pub_key)
script_pubkey = redeemscript_pubkey(redeem_script)
script_address = redeemscript_address(script_pubkey, network=network)

The CLI also accepts an account xpub:

XPUB="xpub..." uv run bip46 create-timelock 2042 6 mainnet

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