Smaciu on Nostr: One cool feature of BitBox 02 bitcoin only is that you can use an optional passphrase ...
One cool feature of BitBox 02 bitcoin only is that you can use an optional passphrase on top of your existing seed: if you leave it blank you get access to "main wallet", but for each different passphrase you derive a different wallet from the main seed, and this passphrase never gets memorized on the device.
This mean that you can safely store btc on a derived wallet as your "secret stash", and if in a bad situation (fiscal control or theft attemp) you can input a different passphrase to show a totally different balance.
You should store the seed and the passphrase in a separate place to be completely safe.
Published at
2023-05-26 18:44:03Event JSON
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"id": "7ebf6ab99694cd39d8298d83740b946e1d6afe19675ef4a193f6f834c8346aa9",
"pubkey": "6d3d8fe28eee088ef8c4ead4db04415e5ae174fc4f3081d03ab8299c4063a6cf",
"created_at": 1685126643,
"kind": 1,
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"content": "One cool feature of BitBox 02 bitcoin only is that you can use an optional passphrase on top of your existing seed: if you leave it blank you get access to \"main wallet\", but for each different passphrase you derive a different wallet from the main seed, and this passphrase never gets memorized on the device.\n\nThis mean that you can safely store btc on a derived wallet as your \"secret stash\", and if in a bad situation (fiscal control or theft attemp) you can input a different passphrase to show a totally different balance.\n\nYou should store the seed and the passphrase in a separate place to be completely safe.",
"sig": "2dd38cea7ef7d0ae4fdd9606318e4a66ea5873886ffcf8630101fc1a14316d2c5b8a7c95f8facefd5b0503d50656475e9d749c8bf83d8c5e42cb15e778161dc4"
}