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The reason for SHA256 has more to do with availability of consistent
implementations across platforms.
I'm not at all opposed to using PBKDF2.
The question was more along the lines of "is the let's piece it together"
portion of the key assembly stage secure enough?
On Fri, Feb 14, 2014 at 2:42 PM
On Fri, Feb 14, 2014 at 1:30 PM, S. Dale Morrey wrote:
> To do this I've devised an algorithm to derive the private key on the
> client.
When working with crypto, it's usually a bad idea to devise your own
algorithms. There are likely smarter people that have already solved,
tested, and verified
I'm in the process of constructing a webwallet for crypto currencies.
There are no private keys kept anywhere on the server. The public keys are
merely tracked by a modified coindaemon that has the ability to have "watch
only" keys.
However to make this work cleanly I need to be able to have the
