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Timothy Hobbs 2014-07-09 14:18:59 +00:00
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This BIP describes the implementation of a mnemonic code or mnemonic sentence -- 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. 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 binary seed. This seed can be later used to generate deterministic wallets using
BIP-0032 or similar methods. BIP-0032 or similar methods.
==Motivation== ==Motivation==
A mnenomic code or sentence is superior for human interaction compared to the A mnemonic code or sentence is superior for human interaction compared to the
handling of raw binary or hexidecimal representations of a wallet seed. The handling of raw binary or hexidecimal representations of a wallet seed. The
sentence could be written on paper or spoken over the telephone. 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 human readable transcription. It's not a way how to process user-created
sentences (also known as brainwallet) to wallet seed. sentences (also known as brainwallet) to wallet seed.