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Date: Thu, 24 Apr 2014 14:39:52 -0500
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From: William Yager <will.yager@gmail.com>
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Subject: Re: [Bitcoin-development] [RFC] Proposal: Base58 encoded HD Wallet
 root key with optional encryption
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Gmaxwell pointed out that we could safely front-load all the key
pre-stretching. The spec has been updated to take advantage of this.

The user's password is now protected by 10,000 rounds of salted
PBKDF2-HMAC-SHA512, as well as the main KDF (which ranges from scrypt
2^14/8/8 to scrypt 2^18/16/16 and PBKDF2-HMAC-SHA512 2^16 to 2^21).

Will

On Mon, Apr 21, 2014 at 7:05 PM, William Yager <will.yager@gmail.com> wrote:

>
> The idea is that more powerful devices (mobile phones, laptops, etc.) can
> do all the key-stretching on their own, whereas weaker devices with access
> to another device with more computing power (like Trezors) do a fair amount
> of key-stretching on their own, but can safely export the rest of the
> key-stretching to the other device.
>

--001a11c3dc484a029004f7cf03ab
Content-Type: text/html; charset=UTF-8
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<div dir=3D"ltr">Gmaxwell pointed out that we could safely front-load all t=
he key pre-stretching. The spec has been updated to take advantage of this.=
<div><br></div><div>The user&#39;s password is now protected by 10,000 roun=
ds of salted PBKDF2-HMAC-SHA512, as well as the main KDF (which ranges from=
 scrypt 2^14/8/8 to scrypt 2^18/16/16 and PBKDF2-HMAC-SHA512 2^16 to 2^21).=
</div>
<div><br></div><div>Will</div><div><br><div><div class=3D"gmail_extra"><div=
 class=3D"gmail_quote">On Mon, Apr 21, 2014 at 7:05 PM, William Yager <span=
 dir=3D"ltr">&lt;<a href=3D"mailto:will.yager@gmail.com" target=3D"_blank">=
will.yager@gmail.com</a>&gt;</span> wrote:<br>
<blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1p=
x #ccc solid;padding-left:1ex"><div dir=3D"ltr"><div><br></div><div>The ide=
a is that more powerful devices (mobile phones, laptops, etc.) can do all t=
he key-stretching on their own, whereas weaker devices with access to anoth=
er device with more computing power (like Trezors) do a fair amount of key-=
stretching on their own, but can safely export the rest of the key-stretchi=
ng to the other device.</div>
</div></blockquote></div></div></div></div></div>

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