Lets talk hardware wallets... | Bitcointalksearch.org

gweedo

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Quote from: Crindon on July 05, 2013, 08:48:23 PM

Quote from: gweedo on June 14, 2013, 06:51:19 PM

So trezor, is now taking pre-orders, and it looks sexy, it is open source and it has a BIP 32 wallet. So I am not married to the device. But should I pre-order it.

I know multibit will support it, but is their a patch for bitcoin-qt that will be released?
Will bitcoind support this? So then I can run a bitcoind for my company and give out addresses without worrying about a hacker.
Will the core developers be officially supporting this device? (Gavin gave it his blessing)
Does anyone know if Armory would be supporting this? I hope armory would support this so then I don't need a whole offline computer just for signing transactions.

Anyone know if I should get this or wait for more competition?

I think Slush is an outstanding member so thank you for developing this much needed tool!

They already have my bitcoins LOL

Crindon

sr. member

Activity: 434

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Quote from: gweedo on June 14, 2013, 06:51:19 PM

So trezor, is now taking pre-orders, and it looks sexy, it is open source and it has a BIP 32 wallet. So I am not married to the device. But should I pre-order it.

I know multibit will support it, but is their a patch for bitcoin-qt that will be released?
Will bitcoind support this? So then I can run a bitcoind for my company and give out addresses without worrying about a hacker.
Will the core developers be officially supporting this device? (Gavin gave it his blessing)
Does anyone know if Armory would be supporting this? I hope armory would support this so then I don't need a whole offline computer just for signing transactions.

Anyone know if I should get this or wait for more competition?

I think Slush is an outstanding member so thank you for developing this much needed tool!

maco

sr. member

Activity: 294

Merit: 250

Can we still talk hardware wallets?

gweedo

legendary

Activity: 1498

Merit: 1000

Quote from: TObject on June 19, 2013, 05:20:13 PM

Quote from: gweedo on June 19, 2013, 05:16:57 PM

You probably have to wait until they release the source for it.

No problem with that. Nice talking to you.

Anytime

TObject

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Activity: 91

Merit: 10

Quote from: gweedo on June 19, 2013, 05:16:57 PM

You probably have to wait until they release the source for it.

No problem with that. Nice talking to you.

gweedo

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Activity: 1498

Merit: 1000

Quote from: TObject on June 19, 2013, 05:14:18 PM

Cool, thank you.

Last question: where is the algorithm for converting a pass phrase to the master seed?

I appreciate your help.

You probably have to wait until they release the source for it.

TObject

member

Activity: 91

Merit: 10

Cool, thank you.

Last question: where is the algorithm for converting a pass phrase to the master seed?

I appreciate your help.

gweedo

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Activity: 1498

Merit: 1000

Quote from: TObject on June 19, 2013, 05:03:50 PM

Quote from: gweedo on June 19, 2013, 04:54:01 PM

No BIP 32 is a determinstic wallets proposal. So you can get all your addresses from a single seed.

Can one use the passphrase to re-seed the wallet manually without specialized hardware?

That is exactly why they choose that.

TObject

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Activity: 91

Merit: 10

Quote from: gweedo on June 19, 2013, 04:54:01 PM

No BIP 32 is a determinstic wallets proposal. So you can get all your addresses from a single seed.

Can one use the passphrase to re-seed a lost wallet manually without specialized hardware?

gweedo

legendary

Activity: 1498

Merit: 1000

Quote from: TObject on June 19, 2013, 04:46:12 PM

Quote from: jackjack on June 19, 2013, 04:37:22 PM

Quote from: TObject on June 19, 2013, 04:19:33 PM

Quote from: gweedo on June 19, 2013, 03:44:36 PM

Quote from: TObject on June 19, 2013, 02:52:54 PM

So, if one gets smashed to pieces in an unfortunate dance-it-out incident, do the Bitcons stored on the wallet get lost?

No they use BIP 32 and a randomly generated pass phase which you have to write down and keep a secret.

That makes sense, thank you.

Will there be a published algorithm to convert the pass phrase into the the private key, or the only way to restore a lost wallet with pass phrase is by purchasing the same model of hardware wallet?

BIP32 is published

There is nothing about pass phrase on this page:
https://en.bitcoin.it/wiki/BIP_0032
It just seems like a way of delegating authority through child keys.
Or is this a wrong “BIP 32” I am looking at?

I am sure this has already been discussed elsewhere, so feel free to point me where.
Thanks again.

No BIP 32 is a determinstic wallets proposal. So you can get all your addresses from a single seed.

TObject

member

Activity: 91

Merit: 10

Quote from: jackjack on June 19, 2013, 04:37:22 PM

Quote from: TObject on June 19, 2013, 04:19:33 PM

Quote from: gweedo on June 19, 2013, 03:44:36 PM

Quote from: TObject on June 19, 2013, 02:52:54 PM

So, if one gets smashed to pieces in an unfortunate dance-it-out incident, do the Bitcons stored on the wallet get lost?

No they use BIP 32 and a randomly generated pass phase which you have to write down and keep a secret.

That makes sense, thank you.

Will there be a published algorithm to convert the pass phrase into the the private key, or the only way to restore a lost wallet with pass phrase is by purchasing the same model of hardware wallet?

BIP32 is published

There is nothing about pass phrase on this page:
https://en.bitcoin.it/wiki/BIP_0032
It just seems like a way of delegating authority through child keys.
Or is this a wrong “BIP 32” I am looking at?

I am sure this has already been discussed elsewhere, so feel free to point me where.
Thanks again.

jackjack

legendary

Activity: 1176

Merit: 1280

May Bitcoin be touched by his Noodly Appendage

Quote from: TObject on June 19, 2013, 04:19:33 PM

Quote from: gweedo on June 19, 2013, 03:44:36 PM

Quote from: TObject on June 19, 2013, 02:52:54 PM

So, if one gets smashed to pieces in an unfortunate dance-it-out incident, do the Bitcons stored on the wallet get lost?

No they use BIP 32 and a randomly generated pass phase which you have to write down and keep a secret.

That makes sense, thank you.

Will there be a published algorithm to convert the pass phrase into the the private key, or the only way to restore a lost wallet with pass phrase is by purchasing the same model of hardware wallet?

BIP32 is published

TObject

member

Activity: 91

Merit: 10

Quote from: gweedo on June 19, 2013, 03:44:36 PM

Quote from: TObject on June 19, 2013, 02:52:54 PM

So, if one gets smashed to pieces in an unfortunate dance-it-out incident, do the Bitcons stored on the wallet get lost?

No they use BIP 32 and a randomly generated pass phase which you have to write down and keep a secret.

That makes sense, thank you.

Will there be a published algorithm to convert the pass phrase into the the private key, or the only way to restore a lost wallet with pass phrase is by purchasing the same model of hardware wallet?

Gabi

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Activity: 1148

Merit: 1008

If you want to walk on water, get out of the boat

Quote from: TObject on June 19, 2013, 02:52:54 PM

So, if one gets smashed to pieces in an unfortunate dance-it-out incident, do the Bitcons stored on the wallet get lost?

You should have backups of that wallet of course!

gweedo

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Activity: 1498

Merit: 1000

Quote from: TObject on June 19, 2013, 02:52:54 PM

So, if one gets smashed to pieces in an unfortunate dance-it-out incident, do the Bitcons stored on the wallet get lost?

No they use BIP 32 and a randomly generated pass phase which you have to write down and keep a secret.

TObject

member

Activity: 91

Merit: 10

So, if one gets smashed to pieces in an unfortunate dance-it-out incident, do the Bitcons stored on the wallet get lost?

niko

hero member

Activity: 756

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There is more to Bitcoin than bitcoins.

Trezor is an important step forward, especially if they start offering enterprise-level support to prospective major players/investors.

Next, we should not forget other related projects - Firmcoins and perhaps bitcoin card.

jackjack

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Activity: 1176

Merit: 1280

May Bitcoin be touched by his Noodly Appendage

Quote from: gweedo on June 18, 2013, 01:38:23 PM

Quote from: Gabi on June 18, 2013, 08:37:10 AM

An hardware wallet? Do want!

I pre-ordered mine, I hope more people do so we can put pressure on wallet program to add support.

You mean client or clients ?
Looks like Multibit supports it and Armory will support it

gweedo

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Activity: 1498

Merit: 1000

Quote from: Gabi on June 18, 2013, 08:37:10 AM

An hardware wallet? Do want!

I pre-ordered mine, I hope more people do so we can put pressure on wallet program to add support.

Gabi

legendary

Activity: 1148

Merit: 1008

If you want to walk on water, get out of the boat

An hardware wallet? Do want!

Topic: Lets talk hardware wallets... (Read 3547 times)