Make it easier to create a wallet by requiring only:
- A good passphrase for it along with a Salt
- A WarpWallet implementation to rebuild it.
Not BIP-39 with a passphrase and yet
“as secure as BIP39 although much more convenient and user friendly.” ―Bitcoin Glossary#WarpWallet
Interesting idea gone into great detail here.
bitkey is a
Bitcoin Swiss Army Knife in a verifiably secure self-contained Live CD/USB. Supports air-gapped Bitcoin transactions. Makes offline cold storage (slightly more) practical.
Very thoughtful explanation provides tips for reflection on how to manage custodial expectations on yourself and others.
- The highest order of civilization.
- That which guides and protects.
Protect from what? The unrestrained uncultured human mind.
First our own, then others.
If a teacher teaches you everything, then run; you won’t know how to learn.
After being told to do it, face it confront it, survive, then move on to the next one.
The answer is probably #1 radically different than the perfected version that we know and love today, and #2 is very fun to imagine.
Bioenergetics and Life’s Origins is a article on the topic.
Cold-wallets and PSBTs are powerful, intimidating, and valuable.
Whether you use them or not: learn as much about them as you can.
Here is a kind and detailed introduction.
Valuable topics—like this—require time and effort to study and learn.
Learn it before you need it.
One of the most important things that I learned in school was that “A mind is a terrible thing to waste,”
Continue reading “Is a Mind Truly a Terrible Thing to Waste?”
On Sep 20, 2018:
If the attacker needs your 24-word seed and your passphrase, that is a good security mechanism. It means that if somebody finds your 24-word seed lying around, you shouldn’t have it lying around, but if they do find it and it’s not sufficiently physically secured, then brute-forcing it, brute forcing the password, will require either a lot of infrastructure or a lot of time. ―Andreas M. Antonopoulos
A relatively complex passphrase will keep you safe for several weeks, a month. A very strong complex passphrase will keep you safe for months; unless the person is willing to spend a million dollars on hardware to break that passphrase. ―Andreas M. Antonopoulos
TODO: Find out how long it takes today.
How much does it take your Bitcoin wallet?
How much does it take your Non-Bitcoin wallet?
When you install or upgrade software on your computer, try to make it safer.
It only takes a little effort and pays off big rewards in privacy and ease of mind. Although this example is on a Mac, it is general enough to translate to Windows or Linux easily.
Here is now
Here are the release notes and a few highlights that jumped out at me:
Get your Bitcoin v22 highlights here