Proposal to replace BIP0039



Summary:

The email conversation between Thomas Voegtlin and Marek highlights the importance of defining a version number in the seed phrase due to multiple ways to define the tree structure used with BIP32. The two discuss the advantages and disadvantages of various proposals, including the need for hardening and password protection, and the potential for custom wordlists. Although there are disagreements about which approach is best, they ultimately agree that it is important to unite and integrate instead of creating incompatible applications. Overall, the conversation emphasizes the need for best practices and standardization in the use of BIP32.


Updated on: 2023-06-07T18:26:32.636598+00:00