Many thanks to everyone who adivsed on and helped test the development of this wallet. I am looking forward to continuously improving it throughout 2015.

As I previously wrote, Ninki Wallet will be released as a Chrome App for the desktop (supported on Mac, Linux and Windows) and iOS and Android for mobile.

I expect the first mobile versions to be released early 2015.

https://ninkip2p.com

Cheers

Ben

Ninki Wallet is a new standard in Bitcoin wallet technology. A highly secure, user friendly wallet that allows you to build your own payment network with your friends, clients and customers.

Say goodbye to unreadable Bitcoin addresses and QR code scanning, once on your network, sending Bitcoin is as simple as pointing and clicking!

Feature Highlights

- Complete control of your funds.
- Your keys- Print one, save one.
- 2 of 3 Multi-Signature accounts
- Counter signing service
- Deterministic Addresses
- 2 Factor Authentication
- Add your contacts to your secured network
- Prevents address spoofing and malware
- Transaction and velocity limits
- Click on your contact, press send
- No Bitcoin addresses required
- Create invoices for your clients
- Invoices encrypted and signed using PGP
- Pay invoices with a single click
- View a history of your invoices
- Enter amounts in Bitcoin or Fiat
- View the Bitcoin price in major currencies
- View your balance in BTC or Bits
- Search your transaction history
- Add a profile picture
- Update your status

Coming soon...

- Pair your Android or iOS device
- Spend on the go!

Ninki Wallet Network Beta release is finally here:

Bip32 Multisig Wallet Network

- Please use small amounts for testing.
- Please be sure to back up your mnemonic keys
-For the period of the beta test, the service will be unavailable between 9:00 pm and 10:00 pm (Tokyo Time) to allow us to roll-out new features and fixes.

https://ninkip2p.com/

https://ninkip2p.com/wallet

Please send any bug reports to bugs@ninkip2p.com

The javascript is now minified and the source is on github (I will do my best to keep the git in sync for the duration of the Beta test)

https://github.com/Ninkip2p/NinkiWallet


Cheers

Ben

I was reading the BIP39 spec for generating mnemonics from bits of entropy and so derive a n word phrase. The mnemonic phrase is then stretched using 2048 rounds of sha512, with an optional salted password.

I am finding it difficult to rationalise the 2048 rounds. Assuming the default password is used ("mnemonic" according to the specification) all the 2048 rounds would do is slow down a brute force attack on guessing an n bit key.

What is the attack vector for this? The one I came up with was, if someone saw your phrase and partially memorized it, it would massively slow them down trying various combinations to discover the seed.

Am I missing something important here?

[Introduction to Ninki Wallet, an Open PGP Wallet Network.]

Introduction to Ninki Wallet, an Open PGP Wallet Network.

A Wallet that removes the need for copying/pasting/QR coding Bitcoin addresses!

This video gives a brief introduction to the main features. Next week I will publish more videos going inot the details of how it works, and also many more features.

The wallet is currently in Alpha Testing on the Bitcoin Testnet network

(You might need to set your youtube settings to high quaility as Google have been messing around with things recently)

http://www.youtube.com/watch?v=uGmpfn3tCKA