I applaud this effort!

We tried to document the 48 path usage in this document:

https://github.com/trezor/trezor-firmware/blob/master/docs/misc/purpose48.md

The only difference I can spot is that our document also documents 
script_type=0 which is for the raw BIP-11 multisig. While almost not used in 
the wild, it could be imho documented in this proposed BIP as well.

—
Best Regards / S pozdravom,

Pavol “stick” Rusnak
Co-founder and CTO, SatoshiLabs

> On Wednesday, Dec 16, 2020 at 2:48 PM, dentondevelopment via bitcoin-dev 
> <bitcoin-dev@lists.linuxfoundation.org 
> (mailto:bitcoin-dev@lists.linuxfoundation.org)> wrote:
> Hello,
>
> I would like to propose bip48 (taking bip44 as inspiration), with the purpose 
> of documenting modern multi-sig derivations.
>
> Please see a rough draft of the proposed bip attached, comments/input welcome.
>
> Regards,
> Fontaine
>
>
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