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authorMatt Whitlock <bip@mattwhitlock.name>2014-04-22 04:11:48 -0400
committerbitcoindev <bitcoindev@gnusha.org>2014-04-22 08:11:57 +0000
commit3175182a09dd1085746c2629fde682c0d575fcdb (patch)
treea0343a94da2a27e1b503e972872c6331c77d584d
parent08c126fc66caeeb1bc181700e86b140153da3b3b (diff)
downloadpi-bitcoindev-3175182a09dd1085746c2629fde682c0d575fcdb.tar.gz
pi-bitcoindev-3175182a09dd1085746c2629fde682c0d575fcdb.zip
Re: [Bitcoin-development] Presenting a BIP for Shamir's Secret Sharing of Bitcoin private keys
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+From: Matt Whitlock <bip@mattwhitlock.name>
+To: jan.moller@gmail.com,
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+Date: Tue, 22 Apr 2014 04:11:48 -0400
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+Subject: Re: [Bitcoin-development] Presenting a BIP for Shamir's Secret
+ Sharing of Bitcoin private keys
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+
+On Tuesday, 22 April 2014, at 10:06 am, Jan M=F8ller wrote:
+> This is a very useful BIP, and I am very much looking forward to
+> implementing it in Mycelium, in particular for bip32 wallets.
+> To me this is not about whether to use SSS instead of multisig
+> transactions. In the end you want to protect a secret (be it a HD mas=
+ter
+> seed or a private key) in such a way that you can recover it in case =
+of
+> partial theft/loss. Whether I'll use the master seed to generate keys=
+ that
+> are going to be used for multisig transactions is another discussion =
+IMO.
+>=20
+> A few suggestions:
+> - I think it is very useful to define different prefixes for testnet=
+
+> keys/seeds. As a developer I use the testnet every day, and many of o=
+ur
+> users use it for trying out new functionality. Mixing up keys meant f=
+or
+> testnet and mainnet is bad.
+
+A fair point. I'll add some prefixes for testnet.
+
+> - Please allow M=3D1. From a usability point of view it makes sense =
+to allow
+> the user to select 1 share if that is what he wants.
+
+How does that make sense? Decomposing a key/seed into 1 share is functi=
+onally equivalent to dispensing with the secret sharing scheme entirely=
+.
+
+> I have no strong opinions of whether to use GF(2^8) over Shamir's Sec=
+ret
+> Sharing, but the simplicity of GF(2^8) is appealing.
+
+I'll welcome forks of my draft BIP. I don't really have the inclination=
+ to research GF(2^8) secret sharing schemes and write an implementation=
+ at the present time, but if someone wants to take my BIP in that direc=
+tion, then okay.
+
+