Post
Topic
Board Development & Technical Discussion
Topic OP
BIP 38 two factor with intermediary
by
jarlelin
on 01/05/2014, 17:37:47 UTC
I'm trying to understand why we actually need the intermediate code encrypted with the pass phrase.

Why couldn't I just send whichever other party that I'm paying to print my key gadget the final form of the encrypted bip 38 key? What's the advantage of the intermidiary code?


I know the answer is prabably simple, and I'm sure I've known it at one time as well, it's just completely eluding me at the moment.