11–12 of 12 posts
The tutorial is quite long, so it's possible I missed this information somewhere. But what I would like to see is a breakdown like "If you have X bits of entropy in your seed phrase, a border wallet puts Y bits of that into the grid and Z bits of that into your memorized pattern." This would make it clear how much security you're gaining over just writing down the seed phrase (Z bits worth).
It's hard for me to meaningfully distinguish the advantage of this v. e.g 1) "half" is six words you memorize 2) "other half" is a long annoying non-memorizable string that must be written down? Am I missing something?
I am also confused on that and I am fine with writing things down. What are we trying to solve here? Half the key phrase in one place, half in another if we want extra security.
Border Wallets offers a new way of storing, memorising and transporting Bitcoin seed phrases for people who:
- have difficulty/concerns with securely caching physical seed backups (evil maid attack)
- want to memorise their seed words but struggle to do so (e.g. the 15% of the global population who are dyslexic)
- want to carry their seed words with them at all times
- have limited access to trusted 3rd parties
- live in areas of conflict, war zones, etc.
- regularly travel or move around
- have no permanent fixed abode.