28 Jan '17, 12am

Cryptoseed Adds Security to Your Bitcoin Recovery Seed

Cryptoseed Adds Security to Your Bitcoin Recovery Seed

Bitcoin wallets, including many mobile and all hardware wallets, are often backed up with a recovery seed word phrase which anyone can use to recover those wallets. Cryptoseed uses strong cryptography to turn your seed phrase into something no one else can use. Also read: Review of the Cold Storage Hardware Wallet Cryptosteel The Problem With Seed Word Phrases A recovery seed word phrase typically comprises 12 to 24 words right out of a dictionary. Keeping it offline in this format may be safe from hackers but not from people who come across it physically and know how to use it. “Writing down your BIP32 recovery seeds on plain paper might be solid electronic security, but terrible physical security,” explains Arlen Anderson, Cryptoseed developer on his project page . “Not everyone has a safe they can keep stuff like that in.” About Cryptoseed Cryptoseed is an open-source d...

Full article: https://news.bitcoin.com/cryptoseed-adds-security-to-your...

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