Idea Slut on Nostr: bip 85 question: could you derive a child seed phrase on a Cold Card from your main ...
bip 85 question: could you derive a child seed phrase on a Cold Card from your main seed phrase. And then take that child seed phrase, load to the cold card and use bip 85 to make a child from that seed? Essentially a grandchild seed phrase. I was thinking of just creating that to use as a back up wallet in case of emergency. If this is possible, my other big question is- would there be any quick and easy way for a bad actor to find that seed in the event the main seed (grandparent seed) was compromised. Obviously they could if they had tons of time and/or knew what they are looking for.
Published at
2023-11-13 22:37:52Event JSON
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"pubkey": "e3f76d7f6f3ea6870bdcf20a0ac2aaddccc50e9bbbca3a319d5830d6ef13f1aa",
"created_at": 1699915072,
"kind": 1,
"tags": [],
"content": "bip 85 question: could you derive a child seed phrase on a Cold Card from your main seed phrase. And then take that child seed phrase, load to the cold card and use bip 85 to make a child from that seed? Essentially a grandchild seed phrase. I was thinking of just creating that to use as a back up wallet in case of emergency. If this is possible, my other big question is- would there be any quick and easy way for a bad actor to find that seed in the event the main seed (grandparent seed) was compromised. Obviously they could if they had tons of time and/or knew what they are looking for.",
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}