Re: [Bitcoin-development] moving the default display to mbtc

2013-11-16 Thread Jacob Lyles
One of the strongest results from psychology is the power of defaults over people's behavior. Opt-in vs. opt-out national organ donation policies mean the difference between organ donation rates under ~10% to over ~90%. Most people sti

Re: [Bitcoin-development] Proposal to replace BIP0039

2013-11-16 Thread Pavol Rusnak
On 17/11/13 01:42, Timo Hanke wrote: > p.s. The question about auditing entropy would only apply to the generator, > not the wallet. Is it yet documented how Trezor proves that external > entropy was used? We'll probably use the most straightforward way: a) trezor prints entropy A on a display (p

Re: [Bitcoin-development] Proposal to replace BIP0039

2013-11-16 Thread Timo Hanke
On Sun, Nov 17, 2013 at 12:49:04AM +0100, Pavol Rusnak wrote: > On 03/11/13 08:40, Timo Hanke wrote: > > Trezor picks random s and sends S=s*G to computer, keeping s secret. > > That's a really neat trick! > > > One question remains: if you only write down the mnemonic how can you be > > sure tha

Re: [Bitcoin-development] Proposal to replace BIP0039

2013-11-16 Thread Pavol Rusnak
On 03/11/13 08:40, Timo Hanke wrote: > Trezor picks random s and sends S=s*G to computer, keeping s secret. That's a really neat trick! > One question remains: if you only write down the mnemonic how can you be > sure that it is correct and corresponds to the secret in Trezor? Right. That's a pr

Re: [Bitcoin-development] Proposal to replace BIP0039

2013-11-16 Thread Pavol Rusnak
On 04/11/13 16:10, Timo Hanke wrote: > Does Trezor even use private derivation? No. It can't. Private keys never leave the device so client would not know how to generate addresses. -- Best Regards / S pozdravom, Pavol Rusnak ---