Fwd: Wallet Lock, Unlock BIP idea



Summary:

In this context, the writer talks about wallet encryption and how it can be implemented. The writer mentions that even if encryptwallet is not available, one can always use a third party encryption/decryption tool to encrypt their wallet.dat file. The writer also acknowledges that any encryption can be broken, but may not be profitable for intruders. The writer then addresses a concern about a big waving flag in the blockchain and suggests obfuscating the information through some one-way encryption. This would allow anyone to check if a wallet is locked by encrypting the wallet address and comparing it to a list of encrypted wallet addresses, without being able to obtain a list of locked or unlocking wallets easily. However, the writer admits that they have not done any detailed work on implementation. The writer ends the message with a casual "cheers" sign-off.


Updated on: 2023-06-11T03:06:11.838408+00:00