3 ms·
Based on the fact that it has a "Bitcoind RPC port" option, I think it is safe to say that it just relies on a running Bitcoin Core node. That means it does no
by jamoes 12y ago
Based on the fact that it has a "Bitcoind RPC port" option, I think it is safe to say that it just relies on a running Bitcoin Core node.
That means it does not support deterministic keys. Users will need to be careful to back up their wallet.dat file on a periodic basis.
- wtogami 12y agoThat's correct. Currently it requires private keys on the Baron server, which means the wallet must be encrypted and backed up often. Encrypted means the keypool must be refilled periodically. If there is sufficient demand it would be theoretically possible to include watch-only support so the Baron server need not have private keys online. Ideally this would work with a Hierarchical Deterministic wallet where the server does not need to be periodically refilled with unused addresses. Hypothetically this could be done today with a javascript library that generates the public addresses as needed. I am not sure if such a library exists at the moment?
- wmf 12y agoI'm more concerned about the private keys being stolen by hackers.