Converting mnemonic words into a set of colors? Developers launch Bitcoin mnemonic tool BIP39Colors.
Developers launch BIP39Colors, a tool that converts mnemonic words into colors.Author: Odaily Planet Daily
How is the open-source tool “BIP39Colors” implemented and how will it affect the storage of mnemonic phrases? This article will briefly introduce the information and uses of this tool, as well as the potential impact it may have.
Recently, Bitcoin developer Entero Positivo released an open-source tool called “BIP39Colors”. Its main function is to convert BIP39 mnemonic phrases into a set of colors, and it can also achieve the reverse conversion from colors to mnemonic phrases. By converting mnemonic phrases into color combinations, it provides a more intuitive and easy-to-remember way to store and recover cryptocurrency wallets.
How does this tool specifically implement the above functions? And how will it affect the storage of mnemonic phrases? This article will briefly introduce the information and uses of this tool, as well as the potential impact it may have.
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What is BIP39?
BIP39 was born in 2013 and later became the most popular and common mnemonic phrase format. Its mnemonic phrase is a phrase composed of 12 to 24 words and supports encoding of 128-bit and 256-bit random numbers. It can also add checksum and passphrase to protect private keys. The word list is fixed and contains a total of 2048 words.
The main purpose of BIP39 is to improve the reliability and security of the process of generating and recovering mnemonic phrases. This standard specifies how to generate mnemonic phrases from an entropy pool and requires that mnemonic phrases must meet certain entropy and checksum requirements to ensure their security and uniqueness.
What changes does BIP39Colors make to mnemonic phrases?
The developer stated that the tool can convert mnemonic phrases composed of 12 to 24 words into a set of hexadecimal color codes. The codes not only represent the original words, but also record the original word positions. This means that you can store these colors anywhere: on the walls of your home, as the background color of a blog, or even on children’s scribbles. You can also store them in random order and restore the original version of the BIP39 mnemonic phrases at any time. “A sentence containing 12 or 24 written words is very obvious, and many people now know what it represents.”
The author also suggests that to ensure security, users should not use the tool on connected devices, and provides the complete open-source code for download on GitHub. Users can even use their own computers to manually create colors.
Not just colors
In fact, there are more encryption methods for mnemonic phrases than just colors. Although BIP39 has word lists in seven languages besides English, in practical use, most people still prefer to use English mnemonic phrases, which makes it possible to convert and store them between languages to improve security.
Of course, you can also customize the way to convert mnemonic words into anything that is easy to remember. However, the problem often lies in the fact that once the method of recovering mnemonic words is forgotten/cracked, it is basically the same as losing the wallet.
Summary
BIP39 Colors redefines the conversion of mnemonic words based on colors and provides a new way of cold storage. With BIP39 Colors, users can convert mnemonic words into colors and store them in different places. This method is more secure and reliable compared to traditional paper backups or digital backups. In addition, BIP39 Colors provides open-source code for use in offline environments, minimizing the possibility of malicious actions by tool developers. Overall, BIP39 Colors provides an innovative and easy-to-use way to convert mnemonic words, adding more options for backing up and recovering Bitcoin wallets.
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