From: Peter Todd <pete@petertodd•org>
To: Brooks Boyd <boydb@midnightdesign•ws>
Cc: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] BIP0039: Final call
Date: Mon, 20 Jan 2014 17:35:02 -0500 [thread overview]
Message-ID: <20140120223502.GA1055@petertodd.org> (raw)
In-Reply-To: <CANg-TZCrpT-YJ0WV9VY6w-PtCiz2YRMBCMvmjneDz13j2namkw@mail.gmail.com>
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On Mon, Jan 20, 2014 at 04:05:14PM -0600, Brooks Boyd wrote:
> On Mon, Jan 20, 2014 at 11:42 AM, slush <slush@centrum•cz> wrote:
>
> > Hi all,
> >
> > during recent months we've reconsidered all comments which we received
> > from the community about our BIP39 proposal and we tried to meet all
> > requirements for such standard. Specifically the proposal now doesn't
> > require any specific wordlist, so every client can use its very own list of
> > preferred words. Generated mnemonic can be then applied to any other
> > BIP39-compatible client. Please follow current draft at
> > https://github.com/trezor/bips/blob/master/bip-0039.mediawiki.
>
> So, because the [mnemonic]->[bip32 root] is just hashing, you've
> effectively made your "mnemonic sentence" into a brainwallet? Since every
> mnemonic sentence can now lead to a bip32 root, and only the client that
> created the mnemonic can verify the mnemonic passes its checksum (assuming
> all clients use different wordlists, the only client that can help you if
> you fat-finger the sentence is the client that created it)?
That issue is more than enough to get a NACK from me on making the
current BIP39 draft a standard - I can easily see that leading to users
losing a lot of money.
Have any wallets implemented BIP39 this way already in released code?
--
'peter'[:-1]@petertodd.org
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next prev parent reply other threads:[~2014-01-20 22:35 UTC|newest]
Thread overview: 17+ messages / expand[flat|nested] mbox.gz Atom feed top
2014-01-20 17:42 slush
2014-01-20 19:55 ` Mike Hearn
2014-01-20 20:02 ` Luke-Jr
2014-01-20 21:47 ` slush
2014-01-20 22:01 ` Mark Friedenbach
2014-01-20 22:05 ` Brooks Boyd
2014-01-20 22:35 ` Peter Todd [this message]
2014-01-20 23:06 ` Christophe Biocca
2014-01-20 23:18 ` slush
2014-01-21 0:00 ` Thomas Voegtlin
2014-01-24 9:05 ` Peter Todd
2014-01-24 16:47 ` Thomas Voegtlin
2014-01-20 23:14 ` Adam Back
2014-01-20 23:18 ` Mark Friedenbach
[not found] <mailman.423274.1390277261.21953.bitcoin-development@lists.sourceforge.net>
2014-01-21 5:43 ` Tamas Blummer
2014-01-21 10:01 ` Gary Rowe
2014-01-21 10:11 ` Mike Hearn
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