@@ -10,45 +10,37 @@ your insecure/unreliable BIP-39 Mnemonic using SLIP-39.
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Pro Fixed Hex data may be supplied for the Seed
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- 1 Random
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+ 1 BIP-39
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========
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- A high-quality 128-bit random seed value is probably adequate, and the
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- 20-word SLIP-39 (and 12-word BIP-39) Mnemonics are much more practical
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- than those produced for 256-bit seeds .
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+ Backup an existing 12- or 24-word BIP-39 Seed Phrase Mnemonic. Or,
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+ select Create to produce a new BIP-39 Mnemonic. Save your BIP-39 Seed
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+ Phrase as a set of SLIP-39 Mnemonic Card Groups .
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- 2^128 is aproximately 10^38. There are about 10^57 atoms in our solar
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- system, and about 10^19 atoms in a particle of dust .
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+ Later, select Recover to input your SLIP-39 Mnemonics, and recover
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+ your BIP-39 Seed Phrase .
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- Therefore, the odds of 2 people picking the *same* high-quality random
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- 128-bit Seed (1 in 10^38), is about the same as 2 people randomly
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- selecting the same particle of *dust* out of the mass of our entire
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- solar system!
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+ You can then securely destroy your BIP-39 Mnemonic card(s) (or, keep a
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+ copy in some *extremely* secure location), and use the SLIP-39
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+ Mnemonic cards as your distributed backup in case of its loss.
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- So, 128-bit seeds are probably fine for most practical levels of
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- account security...
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+ 1.1 SLIP-39 vs. BIP-39 Seed
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+ ~~~~~~~~~~~~~~~~~~~~~~~~~~~
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- 1.1 The Birthday Paradox
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- ~~~~~~~~~~~~~~~~~~~~~~~~
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-
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- However, due to the [Birthday Attack], the probability of two parties
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- out of /a large number creating Seeds/ having a Seed *collision*
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- (accidentally selecting the same Seed value) is somewhat greater.
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-
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- If every human and all their devices created a few billion Seeds
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- (about 10^13), the probability of an /accidental/ collision falls to
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- about 1 in 10^12 -- about 1 in a billion. Unlikely, but something
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- like this has happened for IPv4 addresses, so who knows.
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-
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- So, if a 1 in a billion chance of someone eventually stumbling upon
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- your wallet is too great a risk, choose a 256-bit random Seed where
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- this Birthday Paradox probability falls to 1 in 10^32 -- approximately
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- the chance of 2 people on earth picking the same virus-sized particle
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- in our solar system.
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+ The Seed is computed *differently* on the hardware wallet (eg. a
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+ Ledger or Trezor), when importing using BIP-39 vs. SLIP-39!
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+ So, in order for us to compute and show you the correct Cryptocurrency
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+ wallet(s), you must indicate whether you're importing using the
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+ SLIP-39 Mnemonics directly (ie. on a Trezor "Model T"), *or* if you're
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+ recovering the BIP-39 Mnemonic, and using that on the hardware wallet
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+ (ie. on a Ledger, or some other non-SLIP-39 hardware wallet).
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- [Birthday Attack] <https://en.wikipedia.org/wiki/Birthday_attack>
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+ If you recover your Seed Entropy from a BIP-39 Mnemonic, we'll
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+ /assume/ you intend to *use* the BIP-39 Mnemonic on your hardware
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+ wallet, and we'll check "Recovering from BIP-39 on my Hardware
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+ Wallet".
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2 SLIP-39
@@ -77,32 +69,42 @@ your insecure/unreliable BIP-39 Mnemonic using SLIP-39.
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Mnemonics can't be "mixed" together to recover the Seed.
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- 3 BIP-39
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+ 3 Random
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========
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- Create a new BIP-39 Mnemonic, or convert an existing 12- or 24-word
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- BIP-39 Mnemonic into a 128- or 256-bit Seed.
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+ A high-quality 128-bit random seed value is probably adequate, and the
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+ 20-word SLIP-39 (and 12-word BIP-39) Mnemonics are much more practical
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+ than those produced for 256-bit seeds.
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- This allows you to "back up" your BIP-39 Seed Entropy to a set of
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- SLIP-39 Mnemonic Card Groups. You can then securely destroy your
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- BIP-39 Mnemonic card(s) (or, keep a copy in some *extremely* secure
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- location), and use the SLIP-39 Mnemonic cards as your distributed
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- backup in case of its loss.
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+ 2^128 is aproximately 10^38. There are about 10^57 atoms in our solar
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+ system, and about 10^19 atoms in a particle of dust.
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+ Therefore, the odds of 2 people picking the *same* high-quality random
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+ 128-bit Seed (1 in 10^38), is about the same as 2 people randomly
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+ selecting the same particle of *dust* out of the mass of our entire
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+ solar system!
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- 3.1 SLIP-39 vs. BIP-39 Seed
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- ~~~~~~~~~~~~~~~~~~~~~~~~~~~
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+ So, 128-bit seeds are probably fine for most practical levels of
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+ account security...
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- The Seed is computed *differently* on the hardware wallet (eg. a
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- Ledger or Trezor), when importing using BIP-39 vs. SLIP-39!
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- So, in order for us to compute and show you the correct Cryptocurrency
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- wallet(s), you must indicate whether you're importing using the
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- SLIP-39 Mnemonics directly (ie. on a Trezor "Model T"), *or* if you're
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- recovering the BIP-39 Mnemonic, and using that on the hardware wallet
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- (ie. on a Ledger, or some other non-SLIP-39 hardware wallet).
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+ 3.1 The Birthday Paradox
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+ ~~~~~~~~~~~~~~~~~~~~~~~~
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- If you recover your Seed Entropy from a BIP-39 Mnemonic, we'll
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- /assume/ you intend to *use* the BIP-39 Mnemonic on your hardware
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- wallet, and we'll check "Recovering from BIP-39 on my Hardware
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- Wallet".
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+ However, due to the [Birthday Attack], the probability of two parties
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+ out of /a large number creating Seeds/ having a Seed *collision*
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+ (accidentally selecting the same Seed value) is somewhat greater.
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+
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+ If every human and all their devices created a few billion Seeds
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+ (about 10^13), the probability of an /accidental/ collision falls to
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+ about 1 in 10^12 -- about 1 in a billion. Unlikely, but something
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+ like this has happened for IPv4 addresses, so who knows.
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+
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+ So, if a 1 in a billion chance of someone eventually stumbling upon
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+ your wallet is too great a risk, choose a 256-bit random Seed where
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+ this Birthday Paradox probability falls to 1 in 10^32 -- approximately
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+ the chance of 2 people on earth picking the same virus-sized particle
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+ in our solar system.
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+
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+
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+ [Birthday Attack] <https://en.wikipedia.org/wiki/Birthday_attack>
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