Encoding seed phrase to the picture (steganography)
Challenge: How might we ease up private key storing for cryptowallet users?
End goal: users can recover their private keys without the need to memorize or store them.
Sprint Questions:
Can we make a seamless process on the mobile?
How secure would be such a solution?
How open are users for new options?
User want easier backup of their seed phrases securely
Write down the key/phrase
Custodian approach
Hard wallets integration
Contacts Recovery (Gnosis SAFE)
Knowledge Based Authentication
Biometry
Knowledge Based Authentication (Steganography) is comparably better than other alternatives
A service/library that encodes the key into a picture/set of pictures at the wallet setup phase.
Visual cryptography is a cryptographic technique which allows visual information (pictures, text, etc.) to be encrypted in such a way that the decrypted information appears as a visual image.
The idea: Use image-based steganography and optional password to backup your seed phrase The rationale: The offline backup is proven to be fragile to a human factor errors. The hardware may crash. The ideal backup:
is stored on many devices and cloud
may be visible to public
There is only one asset that we all have that satisfies those conditions. Photo.
You may take a family picture that everybody has and encode your seed phrase with or without password. Send photo and feel safe.
Questions:
How many crypto wallets you use?
How do you store key phrases?
How often do you recover?
How convenient is it?
Have you ever lost the they?
*Test goes here*
A library for wallets that allows saving the seed phrase into local stored photos
