[Bitcoin-development] Time

2014-07-24 Thread Ron OHara
-BEGIN PGP SIGNED MESSAGE- Hash: SHA1 I thought I should shortcut my research by asking a direct question here. As I understand it, the blockchain actually provides an extra piece of reliable data that is not being exploited by applications. Which data? The time. In this case 'the

Re: [Bitcoin-development] Time

2014-07-24 Thread Aaron Voisine
The upcoming release of breadwallet uses the height of the blockchain to enforce timed pin code lockouts for preventing an attacker from quickly making multiple pin guesses. This prevents them changing the devices system time to get around the lockout period. Aaron On Thursday, July 24, 2014,

Re: [Bitcoin-development] Time

2014-07-24 Thread Jeff Garzik
Miners are free to set the block's timestamp to whatever they please, within a certain +/- time window. Time might even go backwards a tiny bit from the last block to the next block. On Thu, Jul 24, 2014 at 9:14 PM, Ron OHara ron.ohar...@gmail.com wrote: -BEGIN PGP SIGNED MESSAGE-

Re: [Bitcoin-development] Time

2014-07-24 Thread Gregory Maxwell
On Thu, Jul 24, 2014 at 7:35 PM, Aaron Voisine vois...@gmail.com wrote: The upcoming release of breadwallet uses the height of the blockchain to enforce timed pin code lockouts for preventing an attacker from quickly making multiple pin guesses. This prevents them changing the devices system

Re: [Bitcoin-development] Time

2014-07-24 Thread William Yager
On Thu, Jul 24, 2014 at 10:39 PM, Gregory Maxwell gmaxw...@gmail.com wrote: Is breadwallet tamper resistant zero on tamper hardware? otherwise this sounds like security theater I attach a debugger to the process (or modify the program) and ignore the block sourced time. It's an iOS

Re: [Bitcoin-development] Time

2014-07-24 Thread Aaron Voisine
It's based on the block height, not the block's timestamp. If you have access to the device and the phone itself is not pin locked, then you can jailbreak it and get access to the wallet seed that way. A pin locked device however is reasonably secure as the filesystem is hardware aes encrypted to