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christianlundkvist 2014-07-02 21:08:56 -04:00
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This BIP describes the implementation of a mnemonic code or mnemonic sentence --
a group of easy to remember words -- for the generation of deterministic wallets.
It consists of two parts: generating the mnenomic, and converting it into a
It consists of two parts: generating the mnemonic, and converting it into a
binary seed. This seed can be later used to generate deterministic wallets using
BIP-0032 or similar methods.
==Motivation==
A mnenomic code or sentence is superior for human interaction compared to the
handling of raw binary or hexidecimal representations of a wallet seed. The
A mnemonic code or sentence is superior for human interaction compared to the
handling of raw binary or hexadecimal representations of a wallet seed. The
sentence could be written on paper or spoken over the telephone.
This guide meant to be as a way to transport computer-generated randomnes over
This guide meant to be as a way to transport computer-generated randomness over
human readable transcription. It's not a way how to process user-created
sentences (also known as brainwallet) to wallet seed.