📅 Original date posted:2015-03-12
📝 Original message:>
> b) "Creation date" is just a short-term hack.
>
I agree, but we need things to be easy in the short term as well as the
long term :)
The long term solution is clearly to have the 12 word seed be an encryption
key for a wallet backup with all associated metadata. We're heading in that
direction one step at a time. Unfortunately it will take time for wallets
to start working this way, and all the pieces to fall into place. Restoring
from the block chain will be a semi regular operation for users until then.
WRT version number I have no real strong feelings about this. But
representing short pieces of binary data as words is so convenient, it
seems likely that it could be similar to addresses: people find other uses
for this mechanism beyond just storing a raw private key. Bitcoin addresses
have versions and that's proven to be useful several times, even though in
theory an address is "just" a hash of a pubkey.
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Mike Hearn [ARCHIVE] /
npub17t…4qgyd
2023-06-07 15:31:32
in reply to nevent1q…a29z
Author Public Key
npub17ty4mumkv43w8wtt0xsz2jypck0gvw0j8xrcg6tpea25z2nh7meqf4qgydSeen on
wss://relay.noswhere.comPublished at
2023-06-07 15:31:32Event JSON
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"created_at": 1686151892,
"kind": 1,
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"content": "📅 Original date posted:2015-03-12\n📝 Original message:\u003e\n\u003e b) \"Creation date\" is just a short-term hack.\n\u003e\n\nI agree, but we need things to be easy in the short term as well as the\nlong term :)\n\nThe long term solution is clearly to have the 12 word seed be an encryption\nkey for a wallet backup with all associated metadata. We're heading in that\ndirection one step at a time. Unfortunately it will take time for wallets\nto start working this way, and all the pieces to fall into place. Restoring\nfrom the block chain will be a semi regular operation for users until then.\n\nWRT version number I have no real strong feelings about this. But\nrepresenting short pieces of binary data as words is so convenient, it\nseems likely that it could be similar to addresses: people find other uses\nfor this mechanism beyond just storing a raw private key. Bitcoin addresses\nhave versions and that's proven to be useful several times, even though in\ntheory an address is \"just\" a hash of a pubkey.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150312/dfc7f38e/attachment.html\u003e",
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