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Joined 8 months ago
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Cake day: November 12th, 2023

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  • Great blog! does this have any benefit over a polyseed mnemonic where you also have a secret password? With polyseed as well as BIP39, even if your mnemonic is caught you can use that plain seed as a decoy that opens a fake wallet, while your real seed with your real funds can only be decrypted with the password, and this encrypted mnemonic by hand won’t result in a valid seed so the malicious actor can assume that a valid seed still exists and it still needs to be seized or brute forced?

    I think this method is better when using steganography combined since the mnemonic looks like a blob of nothing when reading the contents of the file, while if an actual seed was used it could reveal there is a Monero seed hidden in that file, but then I think a better encryption method can be used since using digital files loses the benefit of not using a computer?

    https://github.com/tevador/polyseed




  • ok no servers make sense, but choosing arbitrators is like choosing a server equivalent to a multisig wallet, there is “someone’s computer” that will have the third key to resolve arbitration issues, and also can it read chat messages? if so networks should be picked with care, but of course trades can complete without it, but I was confused and called it “federation” for the fact they should be merged in the UI