From: Jochen Hoenicke <hoenicke@gmail•com>
To: Jonas Schnelli <dev@jonasschnelli•ch>,
Bitcoin Protocol Discussion
<bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Bip44 extension for P2SH/P2WSH/...
Date: Sat, 14 May 2016 14:26:34 +0200 [thread overview]
Message-ID: <5737197A.6020101@gmail.com> (raw)
In-Reply-To: <5736DEEA.5030603@jonasschnelli.ch>
Am 14.05.2016 um 10:16 schrieb Jonas Schnelli via bitcoin-dev:
>
> Importing a bip32 wallet (bip44 or not) is still an expert job IMO.
> Also importing can lead to bad security practice (especially without a
> sweep).
One important use case is importing xpubs for watch-only accounts. This
is necessary for hardware wallets and there are other valid use cases
for this.
>
> Users will send around xpriv or import an seed over a compromised
> computer to a cold storage, etc.
>
> I don't think users want to import private keys.
> They probably want to import the transaction history and send all funds
> covered by that seed to a new wallet.
>
Yes, in general it is not a good idea to import private keys and many
wallets don't even have an option to give out the xprv (except
indirectly via the backup mechanism). But even when sweeping a
bip-44+segwit wallet you need to know where the segwit addresses are.
Jochen
next prev parent reply other threads:[~2016-05-14 12:26 UTC|newest]
Thread overview: 20+ messages / expand[flat|nested] mbox.gz Atom feed top
2016-05-13 13:16 Daniel Weigl
2016-05-13 15:00 ` Pavol Rusnak
2016-05-13 16:03 ` Aaron Voisine
2016-05-13 16:11 ` Pavol Rusnak
2016-05-13 16:59 ` Aaron Voisine
2016-05-13 17:57 ` Pavol Rusnak
2016-05-13 21:42 ` Aaron Voisine
2016-05-14 8:16 ` Jonas Schnelli
2016-05-14 12:26 ` Jochen Hoenicke [this message]
2016-05-14 14:07 ` Pavol Rusnak
2016-05-14 16:14 ` Jonas Schnelli
2016-05-14 17:37 ` Kenneth Heutmaker
2016-05-15 8:53 ` Thomas Voegtlin
2016-05-15 10:04 ` Pavol Rusnak
2016-05-15 12:08 ` Daniel Weigl
2016-05-15 17:36 ` Aaron Voisine
2016-05-14 7:00 ` Andreas Schildbach
2016-05-14 14:08 ` Pavol Rusnak
2016-05-14 17:09 ` Aaron Voisine
2016-05-14 12:15 ` Jochen Hoenicke
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