peakshift / bitcoin-ux

💅💸 Ongoing assessment of bitcoin payments and privacy UX for @BitcoinDesign Community as well as tools to help designers understand the underlying protocols and specifications.
https://bed.money
GNU General Public License v3.0
41 stars 7 forks source link

docs(payments): add panic balance #15

Closed Tiana01 closed 3 years ago

johnsBeharry commented 3 years ago

Plausible deniability / Duress Wallet / Decoy Wallet

Found this article about bitcoin security where this Panic Balance is referred to as "duress" or "decoy" Wallet.

Also in blue wallet this is called "Plausible deniability"

A custom made feature thinking about your personal security. blue wallet allows you to define a different Password which will decrypt a fake wallet set up. For any situation you are forced to disclose your access or when you don't want or you can't show your real wallet.