Max K.

> At backup time, the user should need to neither type nor read and record any encryption key. People make typographical mistakes all the time, especially on a small smartphone...

Well, you intended to make backups more easy, but introduced another possible point of failure with giving the user a private key to store somewhere. People tend to remember their...

Basically you are proposing at least a part of the HD wallet specification ;) Which is great imho! Upstream bitcoinj is currently working on implementing them. So the user has...