Avatar
Anant Tapadia
3b84b3dfe3df3faf386f73bb4251bf5a88804e8133f6a4176e81f3c487d3e14d
Bitcoin Keeper and Bitcoin Tribe
Replying to Avatar Lyn Alden

Trump came out better than Elon in this discussion, imho.

Minimal gaffes from Trump. He strategically took the moderate approach here. Elon fished for outlier opinions and controversies but Trump used Akido on them and dominated the discussion. One might like or dislike Trump's positions but in this particular appearance the gaffes were minimal and the positions were purposely moderated and careful.

This was basically the opposite of the Elon and Jordon Peterson interview. In that interview, Elon clearly entertained Jordan and outmaneuvered him. Elon barely wanted to be there. Jordon looked silly.

In this interview with Trump, Elon basically cucked himself for Trump. He knows where his business bread is buttered: Xi, Modi, Erdogan, and whichever US president has momentum.

But meanwhile, for those who say I am biased against Elon, I'm on *his* side for the EU and UK activity against Twitter. Elon is absolutely right there. The only proper American response there is to fuck off. And his memes have been great against Thierry Breton and others. UK and EU should get rekt on that front. I'm pro-Elon there, which is not common outside of SpaceX which is great.

But the proliferation of Nostr would beat all of that latter part regarding communication. It's good to push back and meme against Thierry Breton. Tell him to get rekt. It's even better to make Thierry Breton irrelevant by making it so that he can't send his Karen-like letters to anyone, since Nostr has no CEO, as we swarm around him and invite Britons and Europeans to join us.

Anyway, good evening.

Here for such takes.

Current state of US elections?

nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc - just a quick note: I am still doing the squated back stretches you taught us before the hike.

What is a Recovery Key in Bitcoin Keeper?

A simple yet secure and private way to back up your wallets

There are no accounts in Keeper—not when you create a new app or use any of its features. And we want to keep it that way. It is the only way to be operationally efficient, legally safe, and KYC-free over the long term.

App Recovery

So, how do you recover the app when you want to get it on a new phone? Where is the metadata stored, and how is it retrieved?

Enter Recovery Key. Instead of creating a username and password for encryption and retrieval, we use the already existing mechanisms in bitcoin that users are well accustomed to. The Recovery Key is a 12-word BIP-39 seed phrase with a high entropy by definition and is generated on the user's device. This encrypts any app metadata before it is stored on the backend. The user is nudged, encouraged and warned to ensure these words are backed up securely. They are even reminded regularly to perform health checks for the key. Literature and tools for backing up BIP-39 words are abundant in the bitcoin space.

When the app needs to be recovered, the user simply enters their Recovery Key, and the whole app is restored. It is also worth clarifying that this metadata contains no private key.

Mobile Keys

But what about the hot keys? (In Keeper, these are called Mobile Keys). How are they generated and recreated in the recovered app?

Short answer: BIP-85 deterministic entropy. Long form: The magic of BIP-85 is that you can generate multiple seeds from a single parent. The app uses the Recovery Key as the parent to create hot keys. It is done on the user's device when the app is created new or when it is recovered. Individual wallet seed words do not have to be backed up but can be used to create a wallet on another app (w/o having to back them up as the parent is already backed up on Keeper).

BIP-85 allows you to have multiple hot (mobile) keys, but Keeper does not allow you to use more than one hot key in any multisig (obviously). It also does not allow the Recovery Key to be used as a signer in any wallet.

Inheritance

So, how does this work with Inheritance? Is it another thing the user must pass on to their heirs?

Wallet configuration files (a.k.a. output descriptors or BSMS) are essential to any multisig scheme (Vaults in Keeper). When you recover a Keeper app using the Recover Key, all the multisig vaults are restored along with their configurations. As such, the configuration files are not needed explicitly. So, a single Recovery Key backs up multiple configuration files and changes them dynamically if something changes in a vault (e.g. key rotation). This provides a convenient, secure and private way to back up configuration files.

This, however, is dependent on the Keeper backend, and that is why we also give users the option to back up these files on their own cloud or manually for each vault.

Conclusion

Recovery Key uses bitcoin native ways to backup your app, generate hot keys, and secure multisig configurations. The user simply has to note down the 12-word phrase. This is a big win for UX, security, and privacy.

Fedi + B4I = match made in bitcoin heaven

Invite code:

fed1149v4kvv003pe7678pppcpn0ewmu9k8lh9tj3272alte9a5cukclkzyelvges5txvuqlym83lmpu7wqptwaehxw309anx2erfd45kuary9enx2erfd45kuapwvf5hgcm0d9hrg6twv35kztn0wfnj7ar5hjztcal2pfl7cyglgqm58q https://video.nostr.build/cfbeec4a6ea9df38db63374a13985feed101acd7d4c8d7716a709836bcd60bff.mov

#bitcoin  lessons hidden in Bhagavad Gita. #3

Trust in the Divine and Self: The Gita encourages trust and faith in one's chosen path and the universe's divine order

In Bitcoin, individuals must place trust in none but the decentralized network and cryptographic protocols that ensure the security and integrity of transactions rather than relying on trust in intermediaries or centralized authorities

#Bitcoin lessons hidden in ₿hagavad Gita. #2

Arjuna's Dilemma: The warrior faces a moral dilemma on the battlefield, unsure whether to fight in the righteous war. This reflects an individual's struggle to make independent choices

Similarly, Bitcoin encourages individuals to make their own financial decisions rather than relying on centralized financial systems that may have conflicting interests

#bitcoin  lessons hidden in Bhagavad Gita

#1 : Lord Krishna emphasizes to Arjuna the importance of personal responsibility and self-mastery

Similar to how bitcoiners promote individual financial sovereignty, where individuals have full control over their funds and need to master basic skills

What is Nostr? (Not technical answers)

Does someone have the metrics for Nostr? How many posts/ conversations/ etc?

“Bitcoin Manifesto” 😂😂😂

You gotta follow me and post super memes to get zaps. Retweet this.

I am not sure how many times have I zapped #[0]​ 😅

You don’t understand #bitcoin

I am sure Elon is on Nostr, checking out what we are all up to 😂