Fun

News Feed - 2023-07-14 09:07:00

Jesse Coghlan8 hours agoHidden as colors, crypto seed phrases could hide in plain sight, says devSpeaking to Cointelegraph, Entero Positivo argued typical seed phrase storage methods are too obvious, so he devised a way to hide a crypto wallet in plain sight.2514 Total views36 Total sharesListen to article 0:00InterviewJoin us on social networksA newly released tool called “BIP39 Colors” is turning Bitcoin (BTC) and other crypto wallet seed phrases into colors — giving users a potentially new way to hold their funds in cold storage.


The developer, only known as Entero Positivo — Spanish for “positive integer” — released BIP39 Colors on June 25, which helps translate a 12- or 24-word wallet seed phrase into an unassuming and seemingly random array of colors.


Speaking to Cointelegraph, Positivo said he created the tool because seed phrases will always need to be backed up somewhere physically and someone “seeing something with 12 or 24 written words is very obvious. [...] Many people know what it means.”


“Where and how do I store my words? Written on paper? On a titanium plate? What if a thief thoroughly searches my house and finds the paper with 12 words written on it?” he said.BIP39 Colors translates a BIP39 mnemonic to colors and viceversa.

Check out the tool :https://t.co/IGrq8LlCXu

- It obfuscates your mnemonic phrase

- You can save each color independently without any order (at home, in css files, png images, ...)

- Color codes are… pic.twitter.com/Td2sm3igVt— Entero Positivo (@EnteroPositivo) June 25, 2023


Explaining how it works, Positivo said the tool converts BIP39 words — the 2,048-long list of words used to create seed phrases — into eight or 16 colors alongside their hex codes depending on if a 12- or 24-word phrase is used.An example of a color palette generated using 12 random BIP39 words. Source: Enteropositivo.github.io


However, the hex color codes don’t just represent the BIP39 word, explained Positivo. It also dictates the position of that word in the seed phrase.


Related:Bitcoin has entered a civil war — Over ‘art’


“The colors are generated in such a way that they carry part of the information of the position occupied by the BIP39 words and information related to their position,” he explained.


This allows for the phrase to be backed up “in a disorderly way and in several different places,” and as “colors are everywhere,” it can make storing a seed phrase “less obvious to any hacker or thief who gains access to our house or computer.”AI-generated image depicting what artwork designed using Positivo’s tool could look like. Source: Stability.ai


To ensure the utmost safety, Positivo suggested that users should not use his tool on an internet-connected device. Rather it should be downloaded and used offline, or better yet, the color swatch can even be created manually using a calculator.


Though it happens infrequently, crypto users have had their entire seed phrases exposed publicly before.


In a viral video in late 2022, a Nevada police officer’s body camera footage inadvertently caught a glimpse of a suspect’s seed phrase written on a slip of paper. The footage later became part of the public record, allowing anyone to see the phrase.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine: Should you ‘orange pill’ children? The case for Bitcoin kids books# Blockchain# Bitcoin Wallet# Wallet# Seed Phrase# Recovery SeedAdd reactionAdd reactionRelated NewsWho invented NFTs?: A brief history of nonfungible tokensThe economics of Bitcoin halving: Understanding the effects on price and market sentimentCasa launches multisignature Ethereum self-custody vaultOpen source: Buzzword or real security for crypto wallets?Crypto needs better self-custody: This platform is solving itBitcoin Ordinals volume hits $210M in Q2 — DappRadar

News Feed

Meet Ideaology – All in One Blockchain Solution
Meet Ideaology - All in One Blockchain SolutionDUBAI, UAE, 8th May (Friday) Time: 10 AM New York, NY, USA (GMT-4)
60,000 Indians Petition Government to Lower Crypto Tax to Avoid ‘Devastating Impact’
60,000 Indians Petition Government to Lower Crypto Tax to Avoid "Devastating Impact" Many Indians have signed a petition for the government to introduce reasonable crypto tax polic
Soldex Signs Long Term Partnership With Speqto Technologies
Soldex Signs Long Term Partnership With Speqto Technologies sponsored Soldexis thrilled to announce that it has officially partnered with Speqto Technologies to accelerate the devel
Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC
Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC Antpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation
Omni II Launched, 2021 Events Planned for Interested Investors
Omni II Launched, 2021 Events Planned for Interested Investors PRESS RELEASE. Omni Futures LLC has received significant interest since its recent founding and is
US Presidential Election Unlikely to Alter Bitcoin’s Path: Analyst
US Presidential Election Unlikely to Alter Bitcoin"s Path: Analyst Crypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change
How to bridge to zkSync
Arunkumar Krishnakumar9 hours agoHow to bridge to zkSyncUncover the step-by-step process of moving cryptocurrency to and from zkSync, ensuring smooth and effortless transactions.252 Total views1 Total sharesListen to art
Tom Mitchelhill6 hours agoEmmett Shear new CEO of OpenAI: A timeline of Sam Altman’s oustingHere’s everything that’s happened since OpenAI co-founder Sam Altman was suddenly fired from his role as CEO.2363 Total vi
Binance to cease all Nigerian naira transactions by March 8
Helen Partz13 hours agoBinance to cease all Nigerian naira transactions by March 8Binance will suspend all services involving the Nigerian naira later this week after facing issues with local financial regulators.9984 To
5 Takeaways on Ethereum 2.0 From Vitalik’s ‘Beast Mode’ Blog Posts
The Takeaway: Moving ETH from the Ethereum 2.0 blockchain to the old ethereum blockchain may be possible in the early months (or years) after launch, new research suggests. Due to changes in data storage structure, recal
Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range
Ebb and Flow of Stablecoin Economy Continues With BUSD"s Market Cap Dropping Below $10 Billion Range The realm of stablecoins is an ever-evolving landscape and the number of coins
Singapore Considers Imposing New Restrictions on Crypto Trading
Singapore Considers Imposing New Restrictions on Crypto Trading The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing addition