Re: [Bitcoin-development] Electrum 2.0 has been tagged

[Aaron Voisine <voisine@gmail.com>]

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I'm not convinced that wallet seed interoperability is such a great thing.
There is a wide variability in the quality and security level of wallet
implementations and platforms. Each new device and wallet software a user
types their seed into increases their attack surface and exposure to flaws.
Their security level is reduced to the lowest common denominator. I see the
need for a "fire exit", certainly, but we must also remember that fire
exits are potential entrances for intruders.

Aaron Voisine
co-founder and CEO
breadwallet.com

On Wed, Mar 11, 2015 at 12:46 PM, Gregory Maxwell <gmaxwell@gmail.com>
wrote:

> On Wed, Mar 11, 2015 at 7:24 PM, Ricardo Filipe
> <ricardojdfilipe@gmail.com> wrote:
> > i guess you look at the glass half full :)
> > even though what you say is true, we should aim for wallets not to
> > require those instructions, by standardizing these things in BIPs.
> > let's hope bitcoin doesn't fail in standards as our industries have in
> > the past...
>
> There are genuine principled disagreements on how some things should
> be done. There are genuine differences in functionality.
>
> We cannot expect and should not expect complete compatibility. If you
> must have complete compatibility: use the same software (or maybe not
> even then, considering how poor the forward compatibility of some
> things has been..).
>
> What we can hope to do, and I think the best we can hope to do, is to
> minimize the amount of gratuitous incompatibility and reduce the
> amount of outright flawed constructions (so if there are choices which
> must be made, they're at least choices among relatively good options).
>
>
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