Andreas Griffin on Nostr: On testnet it supports software seeds. Read below why not on mainnet ...
On testnet it supports software seeds. Read below why not on mainnet
quoting nevent1q…9dz7**[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 nevent1q…s7vh discussed different hardware signers and their trade-offs , and it is out of question, that *any* hardware signer is better, than a software seed.
Tagging: thebitcoinhole (nprofile…evw2)
#bitcoin #wallet #bitcoinsafe