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Bitcoin 202: Passphrases & Child Keys — Multiply Your Security Without Multiplying Your Keys
Would you like your Bitcoin readily accessible but not concentrated in one wallet? Are you concerned about someone discovering your 12 or 24 words and liquidating your Bitcoin? Passphrases (a 13th or 25th word) may be exactly what you need.
Would you like to help someone set up a Bitcoin wallet, but you're concerned they might lose the key? Would you like a simple way to back up a hot wallet? A child key might be a great solution!
Bitcoin educator and Space member, Tim McTavish, will teach you how to easily leverage your existing Bitcoin key to increase your security and use your key as the primary backup to other keys.
What you'll learn:
What is a passphrase?
Why and when should I use a passphrase?
How do you secure a passphrase?
What is a child key?
Why and when should I use a child key?
How to create a child key from a passphrase and import it into a wallet app
If you already have a signing device, please bring it.
Agenda:
Doors open: 530pm
Discussion: 6pm - 7pm
Break: 7pm - 715pm
Disscussion/Q&A: 715pm - 8pm
Drinks will be provided.
See what's goin on at Denver's Bitcoin hub.