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0 sats \ 5 replies \ @ek OP 1h \ parent \ on: Official Coinos Guide meta
Yes, that’s how you have access to it on all devices and have to enter the same passphrase on all of them (we have plans to make this not necessary) and how we (or an attacker) don’t have access to it because we can’t decrypt it.
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100 sats \ 0 replies \ @SatSquares 1h
Ahhh, the passphrase decrypts it. THANK YOU!
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0 sats \ 3 replies \ @SatSquares 1h
And I guess last question because I have a severe misunderstanding:
in what ways am I NOT giving SN the ability to spend my money: when SN's website is NOT loaded in your browser or your wallet is NOT decrypted or your browser is NOT connected to the internet, SN cannot spend your money.
The encryption key must live somewhere so can't SN decrypt said NWC and spend money that way? Or do I severely misunderstand NWC
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0 sats \ 2 replies \ @ek OP 1h
That key is generated on your device and never leaves it. It is stored in IndexedDB as non-extractable.
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100 sats \ 1 reply \ @SatSquares 1h
Super cool. stuff. I learned a lot through this exchange. Thanks a lot!
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0 sats \ 0 replies \ @ek OP 1h
No worries, more people should understand that we’re not shooting ourselves in the foot for no reason
But most people are high on custodial stuff haha
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