brockzvia treechat·4mo
Replying to #727802a2
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  "map_content": "@bridget Funny wanted to reach out to you regarding this very subject.  \r\nWanted to know if a wallet like Simply Cash that gives you access to all your keys:\r\n\u2022 Seed Phrase \r\n\u2022 Xpub \ud83d\udd11 \r\n\u2022 Master \ud83d\udd11 \r\n\u2022 Private keys to all your Public addresses \r\ncan be created using the BRC100 standard?",
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⬇️
brockzvia treechat·4mo
❤️ 9 Likes · ⚡ 0 Tips
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  "map_content": "You\u2019re absolutely right about brc100, I had forgotten completely about it being a communication protocol between the wallets.  \r\nYes it makes sense to a degree.  Heard it mentioned about Simply Cash not being able to convert but, without the information you have provided here.  \r\nI thought that the Xpub key was essential for creating a Watch wallet especially when you create cold storage; I do like the watch feature though. :)\r\nI hope I have overstood this correct.  In a BRC 42/43 key system, we can have all the keys but would be different, and the Xpub key is not need nor available that system. \r\nHaving Bitcoin in cold storage with Simply Cash generated keys.  Would I be right in thinking that Simple Cash keys couldn\u2019t be used, to recover your bitcoins in a BRC 42/43 key system or wallet?\r\n\u2022 Can storage be setup in a BRC 42/43 key system?\r\n\u2022 Can a watch wallet be created in a BRC 42/43 system?\r\nI hope I am making sense with my questions.  \r\nOverall I would love to have the same features and functionality despite the keys being different in a BRC 42/43 key system. :)",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!

Replies (3)

bridgetvia treechat·4mo
Replying to #c563427c
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "Really great questions! The short answer is yes and yes. It's just a different way to think about everything. As far as cold storage, it might be helpful for others reading this to understand xpub in terms of ledger hardware. The xpub in Ledger hardware is what's used in the Ledger Live software, so you can, as you put it, \"monitor your coins\" without exposing any private key. But the xpub lives in that tree structure, which we don't have anymore in the BRC-42/43 world. \r\n\r\nAs I understand it, Overlays are what will be doing the \"watching\" in the new world.They are designed to track UTXOs by context so watch-only is natural.",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!
ArsObKSCvia treechat·4mo
Replying to #c563427c
❤️ 5 Likes · ⚡ 0 Tips
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  "map_content": "What if we made a for real BitCoin phone & ran an optimized version of Simply Cash for the wallet and that's that's it that's the phone?",
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  "author": "14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGK",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!
brockzvia treechat·4mo
Replying to #c563427c
❤️ 4 Likes · ⚡ 0 Tips
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  "map_content": "It\u2019s becoming more clear to me.  Thanks again.  So glad we have you in the space. \ud83d\ude0a",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!