New BIP32 structure



Summary:

The conversation revolves around BIP32 and the entropy size of seeds. The writer questions why 256 bits were chosen instead of 128 bits since 2^128 should not be brute forceable. Longer sizes would make seeds harder to write down on paper. The conversation then touches on greenaddress.it creating seeds with 24 words instead of 12, and whether bitcoinj is compatible with it. Another topic discussed is the gap factor for addresses in lightweight or server-based wallets like Electrum or myTREZOR. Instead of using a "gap limit," the suggestion is made to count the number of unused addresses since the beginning of the sequence, to make things more predictable for users.


Updated on: 2023-06-08T16:14:46.662395+00:00