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Wednesday, 1 May 2019

[Question] - How does one test/confirm the security of the seed phrase that any particular wallet software implementation generates?

Regardless of the types of derivation path, or whether it is BIP32, or BIP39, or BIP44, or BIP38, or BIP49.

After verifying signatures/checksums of the downloaded installation of any wallet software implementation, how does one objectively verify, for example, if all the developers of any one particular implementation have not simply encoded/colluded a seed phrase generator for which they might have an ability to re-create the seeds/keys in the future (unbeknownst to users) through the use of their own knowledge in knowing which way their code would generate users seeds?

I know that, for example, iancoleman.io is a place where one can test BIP39 but it seems to be lacking some functionality in testing many seed phrases, which is primarily what I'd like to test on many of my own phrases generated from several different wallet providers/software implementations.

submitted by /u/MartinGandhiKennedy
[link] [comments]

from Bitcoin - The Internet of Money http://bit.ly/2J6vG51

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