coinoswallet on Nostr: Hi we read once that 12 words is all you need to be secure. Yes assuming trezor ...
Hi we read once that 12 words is all you need to be secure. Yes assuming trezor supports BIP84 it should be able to import the seed phrase and derive the same addresses. The password is used both to extend and encrypt the seed. We stored the encrypted seed on our server so that when you login from another device we can deliver it back to you to be decrypted in your browser with client-side JS so that you don't need to enter the seed phrase again, just the password. Since we store the encrypted seed we could try to decrypt it with brute force if we were evil so consider using a very long and random password.
Published at
2024-11-23 07:08:18Event JSON
{
"id": "f2e854d4182469daa3ec63ecf13050e15c531777cabd5478c16c918032cb5c16",
"pubkey": "ba80990666ef0b6f4ba5059347beb13242921e54669e680064ca755256a1e3a6",
"created_at": 1732345698,
"kind": 1,
"tags": [
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"content": "Hi we read once that 12 words is all you need to be secure. Yes assuming trezor supports BIP84 it should be able to import the seed phrase and derive the same addresses. The password is used both to extend and encrypt the seed. We stored the encrypted seed on our server so that when you login from another device we can deliver it back to you to be decrypted in your browser with client-side JS so that you don't need to enter the seed phrase again, just the password. Since we store the encrypted seed we could try to decrypt it with brute force if we were evil so consider using a very long and random password.",
"sig": "f69a697534b400030cb57474a7a363964e38209dd2567e09548e59c5421f2c145e73357c1522ebc21a1512763589eeb3818de978397d3fa07d3d1cf2e09ee39d"
}
