Principles of using BIP141 mnemonics

rinayhiron

Member
Jul 30, 2024
84
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BIP141 is mainly related to Bitcoin's block expansion, and the more common BIP mnemonics are BIP39 mnemonics. BIP39 (Bitcoin Improvement Proposal 39) is a Bitcoin improvement proposal that defines a method for converting private keys into mnemonics (a set of English words) so that users can more easily back up and remember private keys. Here are some principles when using BIP39 mnemonics:

1. Security: Mnemonics are human-readable forms of private keys, so mnemonics must be treated like private keys to ensure their security. Anyone who can access the mnemonics can control the corresponding wallets and funds. Therefore, mnemonics must be kept confidential, should not be shared with anyone, and should be stored in a safe place, preferably an offline physical storage medium such as paper or metal nameplate.
2. Accuracy: Mnemonics must be accurate. Even a small spelling error can make it impossible to recover wallets and funds. Therefore, when recording, storing, and entering mnemonics, you must be extra careful to ensure that every word is correct.
3. Completeness: BIP39 mnemonics usually consist of 12 or 24 words (although it can be more in theory, these two lengths are the most common). Users must ensure that the complete sequence of mnemonics is recorded without missing any words.
4. Backup: Due to the importance of mnemonics, users should create at least two or more backups and store them in different safe places. In this way, even if one backup is lost or damaged, users can still use another backup to restore the wallet.
5. Do not store digitally: Although digital storage is convenient, it is very unsafe to store mnemonics on electronic devices (especially networked devices). Electronic devices are easily hacked, so mnemonics should only be stored on offline physical storage media.
6. Avoid common words: Although BIP39 mnemonics are selected from a standard word list, users should avoid using word combinations that are too common or easy to guess to reduce the risk of being guessed or cracked.
7. Understand the generation rules: BIP39 mnemonics are generated by specific algorithms, and users should understand these rules so that they can correctly generate or verify mnemonics when needed.

Please note that BIP141 itself does not directly involve mnemonics, but is related to Bitcoin's block expansion technology. Therefore, when BIP141 is mentioned, the principles for the use of mnemonics are usually not discussed. The above principles are mainly proposed based on the use of BIP39 mnemonics.

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Chrislisa

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Oct 26, 2024
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