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Feature Request: Import private keys with Passphrase option ( BIP38 ) #7934

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h1pot opened this issue Feb 20, 2025 · 0 comments
Open

Feature Request: Import private keys with Passphrase option ( BIP38 ) #7934

h1pot opened this issue Feb 20, 2025 · 0 comments

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@h1pot
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h1pot commented Feb 20, 2025

BIP38 is specifically for encrypting private keys with a passphrase. It
is commonly used to secure paper wallets by encrypting private key with a
passphrase, making it safer to store or share. The encrypted key can only
be decrypted with the correct passphrase.

BIP39 Passphrase ("25th word") is an optional feature in mnemonic
seed-based wallets, where an additional passphrase is used alongside the
12/24-word seed phrase to generate a completely different wallet. This
enhances security by making the mnemonic useless without the passphrase.

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