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Creating Ethereum, Bitcoin and other accounts is complex and fraught with potential for loss of funds.
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A BIP-39 seed recovery phrase helps, but a *single* lapse in security dooms the account (and all
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derived accounts, in fact). If someone finds your recovery phrase (or you lose it), the accounts
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derived from that seed are /gone/.
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A 12- or 24-word BIP-39 seed recovery Mmnemonic Phrase helps, but a *single* lapse in security dooms
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the account (and all derived accounts, in fact). If someone finds your recovery phrase (or you lose
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it), the accounts derived from that seed are /gone/.
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The SLIP-39 standard allows you to split the seed between 1, 2, or more groups of several mnemonic
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recovery phrases. This is better, but creating such accounts is difficult; presently, only the
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Trezor supports these, and they can only be created "manually". Writing down 5 or more sets of 20
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words is difficult, error-prone and time consuming.
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The [[https://github.com/pjkundert/python-slip39.git][python-slip39]] project (and the [[https://slip39.com/app][SLIP-39 macOS/win32 App]]) exists to assist in the safe creation
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and documentation of [[https://wolovim.medium.com/ethereum-201-hd-wallets-11d0c93c87][Hierarchical Deterministic (HD) Wallet]] seeds and derived accounts, with
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various SLIP-39 sharing parameters. It generates the new random wallet seed, and generates the
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expected standard Ethereum account(s) (at [[https://medium.com/myetherwallet/hd-wallets-and-derivation-paths-explained-865a643c7bf2][derivation path]] =m/44'/60'/0'/0/0= by default) and Bitcoin
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accounts (at Bech32 derivation path =m/84'/0'/0'/0/0= by default), with wallet address and QR code
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(compatible with Trezor and Ledger derivations). It produces the required SLIP-39 phrases, and outputs a
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single PDF containing all the required printable cards to document the seed (and the specified
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derived accounts).
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Output of BIP-38 or JSON encrypted Paper Wallets is supported, for import into standard software
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cryptocurrency wallets.
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On an secure (ideally air-gapped) computer, new seeds can safely be generated and the PDF saved to a
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USB drive for printing (or directly printed without the file being saved to disk.). Presently,
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=slip39= can output example ETH, BTC, LTC, DOGE, BNB, CRO and XRP addresses derived from the seed,
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to /illustrate/ what accounts are associated with the backed-up seed. Recovery of the seed to a
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[[https://shop.trezor.io/product/trezor-model-t?offer_id=15&aff_id=10388][Trezor "Model T"]] is simple, by entering the mnemonics right on the device.
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We also support backup of existing insecure and unreliable BIP-39 Seed Phrases as SLIP-39 Mnemonic
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cards, for existing BIP-39 hardware wallets like the [[https://shop.ledger.com/pages/ledger-nano-x?r=2cd1cb6ae51f][Ledger Nano]], etc.! Recover from your existing
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BIP-39 Seed Phrase Mnemonic, select "Using BIP-39" (and enter your BIP-39 passphrase), and generate
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a set of SLIP-39 Mnemonic cards. Later, use the SLIP-39 App to recover from your SLIP-39 Mnemonic
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cards, click "Using BIP-39" to get your BIP-39 Mnemonic back, and use it (and your passphrase) to
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recover your accounts to your Ledger (or other) hardware wallet.
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Trezor supports these directly, and they can only be created "manually". Writing down 5 or more
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sets of 20 words is difficult, error-prone and time consuming.
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#+END_ABSTRACT
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#+TOC: headlines 3
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* Hardware Wallet "Seed" Configuration
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#+BEGIN_QUOTE
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Your keys, your Bitcoin. Not your keys, not your Bitcoin.
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---Andreas Antonopoulos
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#+END_QUOTE
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The [[https://github.com/pjkundert/python-slip39.git][python-slip39]] project (and the [[https://slip39.com/app][SLIP-39 macOS/win32 App]]) exists to assist in the safe creation,
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backup and documentation of [[https://wolovim.medium.com/ethereum-201-hd-wallets-11d0c93c87][Hierarchical Deterministic (HD) Wallet]] seeds and derived accounts,
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with various SLIP-39 sharing parameters. It generates the new random wallet seed, and generates
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the expected standard Ethereum account(s) (at [[https://medium.com/myetherwallet/hd-wallets-and-derivation-paths-explained-865a643c7bf2][derivation path]] *m/44'/60'/0'/0/0* by default) and
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Bitcoin accounts (at Bech32 derivation path *m/84'/0'/0'/0/0* by default), with wallet address and
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QR code (compatible with Trezor and Ledger derivations). It produces the required SLIP-39
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phrases, and outputs a single PDF containing all the required printable cards to document the seed
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(and the specified derived accounts).
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On an secure (ideally air-gapped) computer, new seeds can /safely/ be generated (*without*
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trusting this program) and the PDF saved to a USB drive for printing (or directly printed without
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the file being saved to disk.). Presently, =slip39= can output example ETH, BTC, LTC, DOGE, BNB,
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CRO and XRP addresses derived from the seed, to /illustrate/ what accounts are associated with the
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backed-up seed. Recovery of the seed to a [[https://shop.trezor.io/product/trezor-model-t?offer_id=15&aff_id=10388][Trezor "Model T"]] is simple, by entering the mnemonics
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right on the device.
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We also support the backup of existing insecure and unreliable 12- or 24-word BIP-39 Mnemonic
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Phrases as SLIP-39 Mnemonic cards, for existing BIP-39 hardware wallets like the [[https://shop.ledger.com/pages/ledger-nano-x?r=2cd1cb6ae51f][Ledger Nano]],
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etc.! Recover from your existing BIP-39 Seed Phrase Mnemonic, select "Using BIP-39" (and enter
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your BIP-39 passphrase), and generate a set of SLIP-39 Mnemonic cards. Later, use the SLIP-39 App
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to recover from your SLIP-39 Mnemonic cards, click "Using BIP-39" to get your BIP-39 Mnemonic
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back, and use it (and your passphrase) to recover your accounts to your Ledger (or other) hardware
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wallet.
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Output of BIP-38 or JSON encrypted Paper Wallets is also supported, for import into standard
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software cryptocurrency wallets.
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* Security with Availability
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For both BIP-39 and SLIP-39, a 128- or 256-bit random "seed" is the source of an unlimited
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sequence of Ethereum and Bitcoin HD (Heirarchical Deterministic) derived Wallet accounts. Anyone
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sequence of Ethereum and Bitcoin Heirarchical Deterministic (HD) derived Wallet accounts. Anyone
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who can obtain this seed gains control of all Ethereum, Bitcoin (and other) accounts derived from
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it, so it must be securely stored.
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@@ -212,9 +222,9 @@ recover your accounts to your Ledger (or other) hardware wallet.
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