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1 vote
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Decrypting wallet

I'm seeking assistance with understanding the technical aspects of how Electrum wallets handle parsing errors and potential solutions for resolving them. My friend has encountered a recurring issue ...
Dirk's user avatar
  • 11
1 vote
3 answers
958 views

Practical application of Electrum's Encrypt/Decrypt message feature?

It's pretty clear how signing a message with a Bitcoin key can be useful in proving ownership of funds. However, it's far from clear how encrypting a message with a Bitcoin key can do anything useful....
Rich Apodaca's user avatar
  • 2,431
2 votes
1 answer
870 views

Ramifications of creating Electrum 2.x seeds which are not BIP39

Electrum 2.0 seeds (mnemonic phrases) are created with a checksum based algorithm (such that the hmac_sha512 starts with 01. It's usually a 13 word seed, but can be 12 in some circumstances. If all ...
Wizard Of Ozzie's user avatar
2 votes
1 answer
170 views

Electrum 2 validation: how is the HMAC always 01...?

Electrum version 2 creates a seed from a random number which is then encoded as a mnemonic. The seed is validated by checking that the hmac begins with the bytes 01 or 101 for standard and 2fa types, ...
Wizard Of Ozzie's user avatar
6 votes
2 answers
897 views

Is Electrum Cryptographically Secure?

Electrum seems very user friendly, thin and convenient, but is it cryptographically secure? One of the ways to attack any cryptographic system is to exploit weaknesses in the key generation algorithm....
Tom's user avatar
  • 61