Description
Introduces coinType for EVM compatible chains (amending ENSIP9).
Status
draft
Created
2022-01-13
Author
  • matoken.eth

ENSIP-11: EVM compatible Chain Address Resolution

Introduces coinType for EVM compatible chains (amending ENSIP-9).

Abstract

This ENSIP extends ENSIP 9 (multichain address resolution), dedicates a range of coin types for EVM compatible chains, and specifies a way to derive EVM chain IDs to the designated coin types.

The dedicated range uses over 0x80000000 (2147483648) which is reserved under ENSIP 9 so there will be no possibility of coin type collision with other non EVM coin types to be added in future. However, some of coin types previously allocated to EVM chain ids will be deprecated.

Motivation

The existing ENSIP 9 relies on the existence of coin types on SLIP44 which was designed to define address encoding type for deterministic wallets. As the majority of EVM compatible chains inherit the same encoding type as Ethereum, it is redundant to keep requesting the addition of EVM compatible chains into SLIP 44. This specification standardises a way to derive coinType based on Chain ID.

Specification

This specification amends ENSIP 9 to specify that coin types with the most-significant bit set are to be treated as EVM chain IDs. The MSB is reserved in SLIP44 for other purposes relating to HD wallet key derivation, so no coin types exist in this range.

To compute the new coin type for EVM chains, bitwise-OR the chain ID with 0x80000000: 0x80000000 | chainId.

export const convertEVMChainIdToCoinType = (chainId: number) =>{
  return  (0x80000000 | chainId) >>> 0
}

And to reverse the operation, bitwise-AND the coinType with 0x7fffffff: 0x7fffffff & coinType.

export const convertCoinTypeToEVMChainId = (coinType: number) =>{
  return  (0x7fffffff & coinType) >> 0
}

Implementation

An implementation of this interface is provided in the ensdomains/address-encoder repository.

Example

To compute the new coin type for EVM chains, call convertEVMChainIdToCoinType(chainId)

const encoder = require('@ensdomains/address-encoder')
>  encoder.convertEVMChainIdToCoinType(61)
2147483709
> encoder.convertCoinTypeToEVMChainId(2147483709)
61

You can also use existing functions formatsByName and formatsByCoinType to derive these chain IDs

> encoder.formatsByName['XDAI']
{
 coinType: 2147483748,
 decoder: [Function (anonymous)],
 encoder: [Function (anonymous)],
 name: 'XDAI'
}
> encoder.formatsByCoinType[2147483748]
{
 coinType: 2147483748,
 decoder: [Function (anonymous)],
 encoder: [Function (anonymous)],
 name: 'XDAI'
}

Exceptions

The following EVM chains are the exception to this standard.

They will continue using coinType defined at SLIP44

Backwards Compatibility

The following EVM compatible cointypes existed before introducing this new standard.

When you display them for backward compatibility purposes, append _LEGACY to the cointype and make them read only.

Copyright

Copyright and related rights waived via CC0.