Securing Cryptocurrency Wallet Seed Phrase Digitally with Blind Key Encryption

A cryptographic method of digitally securing cryptocurrency wallet seed phrase through Blind Key Encryption is discussed wherein two blind keys random in nature are generated and used to produce two ciphertexts. The mathematical algorithm used in blind key encryption is described in detail and also an explanation is provided as to how the encryption defeats hackers even after they could successfully compromise a ciphertext of the seed phrase along with its decryption key. Different scenarios of storing the ciphertexts are documented.

Unforgettable User Defined Seed Phrase for Cryptocurrency Wallets

In this paper I have discussed a new method of enabling a cryptocurrency wallet user to define his own unforgettable seed phrase. An algorithm named SEEPT (Seed Phrase Transformation) is provided and illustrated with a real user defined seed phrase as input and a BIP39 standard seed phrase generated as output through cryptographic transformations. Discussed in detail is how an unforgettable seed phrase can be generatedfrom a set of names or words that are specific to a user’s personal life. Explained in detail as to how a wallet user can reconstruct his seed phrase on demand without depending on any storage, thereby relieving him from the burden of memorizing it frequently or storing it digitally on a computer hardware or physically on a paper or metal media.