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Bitbox02 & passphrase

You can activate the optional passphrase in the app, the next time you start/plug in the Bitbox, a prompt for a passphrase will appear (after entering the PIN to unlock the device), which is colloquially known as the 25th word, but can consist of letters and special characters, hence passphrase.

Example:

For the first time you enter e.g. as a passphrase. @Satoshi and confirm with touch, then this passphrase is active forever and you are now in this passphrase wallet, can receive here etc., also create additional accounts...

Next time you start your Bitbox and enter e.g. as a passphrase (instead of @Satoshi) @satoshi (or something else) then this is again a new active passphrase and ends up here in a wallet that is still empty.

Your original passphrase (example @Satoshi) is active forever, i.e. the next time you enter the first confirmed passphrase again, you will be back in this wallet with your coins, accounts...

If you start the Bitbox with a passphrase entry but don't enter anything then you end up with an empty wallet without an additional passphrase.

Background:

If someone gets your seed (24 words) for whatever reason, they will have access to your wallet and credit.

But if, for example, you don't have anything on this wallet and only have the wallet in the passphrase, then they can't access your coins because they don't have your passphrase.

You can create as many passphrase wallets as you want, each with subaccounts...

You can also deactivate the passphrase at any time in the app then Bitbox starts without a prompt and you are in a “normal” wallet. If you activate it again in the app then the next time Bitbox starts again with a prompt, so passphrases and their wallets are not deleted .

Bitbox02 🇨🇭💯

👉 https://bitbox.swiss/bitbox02/?ref=kGFzAcHHcl 👈

#Bitcoin fixes this !

25000 blocks until the next halving

Flight to quality ✈️

Happy birthday to the iconic orange #Bitcoin  logo

Exactly 13 years ago, an unknown artist created one of the best brand images of all-time and released it for free on a forum.

Bitcoin Whitepaper

The exact date and time of the first publication of the white paper is Friday, October 31, 2008, at 7:10 p.m. German time.

There is an assumption that Satoshi specifically chose the day of Luther's theses because it symbolizes the reformation of the church and Bitcoin for the reformation of the monetary system.

The initial publication took place on the metzdowd.com mailing list.

The white paper is only about eight A4 pages long (+ one page of sources).

In total, the white paper consists of 3,219 words. (Depending on how footnotes etc. are counted, the number may vary slightly)

12 different topic sections are covered in the white paper.

The shortest topic section is “Timestamp Server” with just 80 words.

The longest topic section is “Calculations” with 559 words.

Satoshi only referenced eight other sources in the white paper.

Ten different people were named in the white paper. Including Adam Back, the current CEO of Blockstream.

Satoshi wrote the code first and then the white paper. He wanted to make sure that everything really worked and that he could solve all the problems in practice.

There are now 43 confirmed translations into other languages. In addition to German, these also include Chinese, Korean, Persian and Russian.

Neither the word “blockchain” nor “wallet” nor “mining” appear in the white paper.

The limit of almost 21 million BTC is also not mentioned in the white paper.

According to Google Scholar, the Bitcoin white paper has already been cited around 30,000 times in other works.