On Mon, Jan 08, 2018 at 02:00:17PM +0100, Pavol Rusnak wrote: > On 08/01/18 13:45, Peter Todd wrote: > > Can you explain _exactly_ what scenario the "plausible deniability" feature > > refers to? > > > https://doc.satoshilabs.com/trezor-user/advanced_settings.html#multi-passphrase-encryption-hidden-wallets
This sounds very dangerous. As Gregory Maxwell pointed out, the key derivation function is weak enough that passphrases could be easily brute forced, at which point the bad guys have cryptographic proof that you tried to lie to them and cover up funds. What model of human memory are you assuming here? What specifically are you assuming is easy to remember, and hard to remember? What psychology research backs up your assumptions? -- https://petertodd.org 'peter'[:-1]@petertodd.org
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