19.7 Backing Up a Bitcoin Wallet || Dan Gould
Wasabi Wallet
Dan Gould (Wasabi Wallet) discusses why Bitcoin wallet backups require continuous updating: unlike seed phrases backed up once, every newly generated key needs re-encryption and backup, creating synchronization problems that Lightning Network also faces. The core issue expands through address labeling—metadata about who knows each address multiplies with each transaction, and forgetting this infor

https://relay.towardsliberty.com/b52185aeee9b6f980b9a6e86a12057b173d3c3b838f508feefc99f2efb5eccf0.mp4
Jun 20, 2021