Post
Topic
Board Development & Technical Discussion
Re: [RFD] Bitcoin Deterministic wallet
by
publickeyhash
on 03/06/2011, 15:49:16 UTC
Quote
Quote from: joan on Today at 03:39:08 pm
I'm not sure I understood the idea correctly, if two users happen to use the same password, won't it generate the same private keys ?


That is the point... you use a random-strong password... I guess you cannot have your cake and eat it.

I mean, if you want a system that works no-matter what computer you decide to use the password on... swapping computers will be nothing more than using your password on a different computer.

so you see this as a feature of the system? forcing people to use strong passwords on pain of losing/sharing money? its an interesting concept Cheesy
I have never heard of a strong correlation between mutual interests and mutual passwords.... but I can imagine people using concepts of interest as their password (sex/...)

but then why bother with x at all? deriving the private keys from password alone would be just as well...