[RFC] Proposal: Base58 encoded HD Wallet master seed with optional encryption



Summary:

The context is discussing the usability of SPV wallets and how they require a birthday in order to function effectively. Without a birthday, scanning the entire blockchain can be slow or finding a fully indexed copy of the blockchain can be expensive and more centralized. To solve this issue, the suggestion is to add a UNIX time as an extra 4 bytes or use a uint16 that represents "days since birth of this specification" to save a few characters.


Updated on: 2023-06-07T14:06:54.262689+00:00