[bitcoin-dev] How much is too much time between difficulty changes?

2018-12-03 Thread Dave Scotese via bitcoin-dev
The last difficulty change took about 20% longer than expected. How large does the time between difficulty changes have to get for us to make changes? In other words, if, at some point, block confirmation times are averaging, say, hours or days, will we hardfork to speed things up? One option is

Re: [bitcoin-dev] Proposal for Palindromic (Reversible) Mnemonics

2018-12-03 Thread Joseph Gleason ⑈ via bitcoin-dev
I have a suggestion. If you are concerned about plausible deniability, then it might make sense to just have the single mnemonic seed lead to a single xprv key (as usual) and then do a private key derivation from that based on a password string. The password can be simple, as it is based on the s

[bitcoin-dev] Proposal for Palindromic (Reversible) Mnemonics

2018-12-03 Thread Steven Hatzakis via bitcoin-dev
Hi All, I've developed a method to check if a mnemonic is also valid when the words are put into reverse order (not the entropy), where a given 12 or 24-word mnemonic could be valid both in little endian and big endian format. I've coined these "Palindromic Mnemonics", but perhaps more user-friend