Andreas Griffin on Nostr: **[Bitcoin Safe](https://www.bitcoin-safe.org)** has software seeds (generation and ...
**[Bitcoin Safe](https://www.bitcoin-safe.org)** has software seeds (generation and import) only on Testnet. On Mainnet sending transactions requires hardware signers in [Bitcoin Safe](https://www.bitcoin-safe.org). *But why?*
**[Bitcoin Safe](https://www.bitcoin-safe.org)** is designed as a long terms savings wallet (single and multisig), eliminating as many *foot-guns* as possible. Software seeds are a *foot-gun*, because:
- Software seeds are **unsafe** for any substantial amount, because a general purpose computer is not designed to hold secrets of significant value.
- Giving new users the option to create a software seed, might lead to the following **unsafe** behavior: Create software seed, and later port it to a hardware wallet, which gives a false sense of security.
- Software seeds makes phishing easier, since users are used to having seeds on a computer.
- Software seeds are however useful for developers and therefore **Bitcoin Safe** does offer it for Testnet/Signet/Regtest
At every wallet generation **Bitcoin Safe** helps the user to backup the seed words onto paper together with the **descriptor** during the [step-by-step wizard](https://bitcoin-safe.org/page/setup-multisignature-wallet/) with the warning never to type it into a computer or make a picture.
Bitcoin.Review pod (nprofile…zjmq) Episode 76
Tagging: thebitcoinhole (nprofile…evw2)
#bitcoin #wallet #bitcoinsafe
**[Bitcoin Safe](https://www.bitcoin-safe.org)** is designed as a long terms savings wallet (single and multisig), eliminating as many *foot-guns* as possible. Software seeds are a *foot-gun*, because:
- Software seeds are **unsafe** for any substantial amount, because a general purpose computer is not designed to hold secrets of significant value.
- Giving new users the option to create a software seed, might lead to the following **unsafe** behavior: Create software seed, and later port it to a hardware wallet, which gives a false sense of security.
- Software seeds makes phishing easier, since users are used to having seeds on a computer.
- Software seeds are however useful for developers and therefore **Bitcoin Safe** does offer it for Testnet/Signet/Regtest
At every wallet generation **Bitcoin Safe** helps the user to backup the seed words onto paper together with the **descriptor** during the [step-by-step wizard](https://bitcoin-safe.org/page/setup-multisignature-wallet/) with the warning never to type it into a computer or make a picture.
Bitcoin.Review pod (nprofile…zjmq) Episode 76
discussed different hardware signers and their trade-offs , and it is out of question, that *any* hardware signer is better, than a software seed.quoting nevent1q…s7vh🚀 BR076 - Sparrow, AnchorWatch, Exploding Pagers, Bitcoin Core Spam Attack, Ark goes mainnet, NBitcoin Secp256k1 Vulnerability + MORE ft. craigraw (npub1hea…g9v2) , Rob1Ham (npub1emd…c9aw) , Carman 🏴☠ (npub1u8l…turz) & NVK (npub1az9…m8y8)
Listen to the episode:
➡️ Fountain: https://fountain.fm/episode/mtliXmqO4RstptPR9ecM
➡️ Spotify: https://tinyurl.com/mw4e5ud5
➡️ Amazon: https://tinyurl.com/bdfujyv7
➡️ Apple: https://tinyurl.com/mva6r4e9
➡️ YouTube: https://youtu.be/24OiD7-BiU8
Shownotes:
➡️ Website: https://bitcoin.review/podcast/episode-76/
➡️ Substack: https://open.substack.com/pub/bitcoinreview/p/br076-sparrow-anchorwatch-exploding
Rob explains the paradigm shift in what AnchorWatch is doing by leveraging miniscript. 👇
Tagging: thebitcoinhole (nprofile…evw2)
#bitcoin #wallet #bitcoinsafe