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Author Topic: Fibkeyz - deterministic key generator - a lot of keys from 1 or 2 passphrase(s)  (Read 1025 times)
Ukigo (OP)
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October 02, 2011, 02:41:34 PM
Last edit: December 09, 2018, 06:12:18 PM by Ukigo
 #1

It's there :
  
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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October 13, 2011, 03:55:09 PM
 #2

Can you describe the algorithm used for generating the keys?

  • How are address sequences generated?  Hashing the previous private key to get the next?
  • How is the first address generated?
  • What algorithm is used to convert passphrase into private key data?  (kinda the same questions as above
  • Is it possible for someone to link the addresses together?  What information does one need, to be able to determine that two different addresses from this sequence belong to the same person.

This is especially important to know if someone were to create the addresses/keys with their passphrase, and then an update to the project changes the generation algorithm to produce a different sequence.  Users need to know how to recover their private keys from the original passphrase.

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