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To: Jonas Schnelli <dev@jonasschnelli.ch>,
Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
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From: Pavol Rusnak <stick@satoshilabs.com>
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Date: Sun, 15 May 2016 12:04:01 +0200
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Subject: Re: [bitcoin-dev] Bip44 extension for P2SH/P2WSH/...
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From: Pavol Rusnak <stick@satoshilabs.com>
To: Jonas Schnelli <dev@jonasschnelli.ch>,
Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
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Subject: Re: [bitcoin-dev] Bip44 extension for P2SH/P2WSH/...
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On 14/05/16 18:14, Jonas Schnelli wrote:
> AFAIK: Bip39 import (cross-wallet) is not supported by Schildbachs
> android wallet [1] and Electrum [2] and Breadwallet [3].
They are not BIP44 compatible wallets. This thread is about BIP44.
> * What if the "old" wallet has used more then 1000 addresses? I guess
They are not following the spec and are thus not BIP44 compatible.
> * If I import a bip39 mnemonic into a hardware wallet (assume Trezor or=
> Keepkey) I have to type in the words into my computer which bypasses
> some of the security my hardware wallet provides me (MITM seed attack).=
> Together with the point above this reduces the security of a wallet (in=
> particular cold storage significant).
You should send all your coins to the new seed anyway, but I agree this
might be tricky for non-power users.
--=20
Best Regards / S pozdravom,
Pavol "stick" Rusnak
SatoshiLabs.com
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