Re: [bitcoin-dev] Proposal for an Informational BIP

2021-05-09 Thread BitPLATES (Chris) via bitcoin-dev
Hi Tobias, In answer to your questions... "Isn't your suggestion already covered by BIP39 since there is not restriction in how you choose your passphrase?" - Correct, my idea is covered by BIP39, and therefore compatible with BIP39... I see the 'quantum' passphrase as an optional 'soft fork' le

Re: [bitcoin-dev] Proposal for an Informational BIP

2021-05-10 Thread BitPLATES (Chris) via bitcoin-dev
Thank you for your reply Tobias, I don't think that the chicken-egg scenario is relevant, but please let me explain why: Wallet A = seed words (A) - add minimal funds as a canary/sacrificial wallet Wallet B = seed words (B) - add minimal funds as a canary/sacrificial wallet Wallet AB = seed wor

Re: [bitcoin-dev] Proposal for an Informational BIP

2021-05-11 Thread BitPLATES (Chris) via bitcoin-dev
Hi Chris, Thank you for your thoughts. Unfortunately, your analysis is incorrect. This is a non-destructive adaptation of the BIP39 standard, and is certainly not "rolling your own security". The 'quantum' passphrase is relying on the well established security of the existing BIP39 standard. T

Re: [bitcoin-dev] Proposal for an Informational BIP

2021-05-11 Thread BitPLATES (Chris) via bitcoin-dev
Hi Chris, I apologise if I did not make it clear enough, but the 24 seed words used to make the quantum passphrase are separate, newly generated 24 seed words, and not the same as those for the main wallet. With both layers (seed words + quantum passphrase) the security provided is (2048^23)^(204