Happynine
A Bitcoin BIP 0032 hierarchical deterministic wallet, implemented as a Chrome App.
Copyright © 2014 Mike Tsao. All rights reserved. See LICENSE.md.
Great Big Warning
This project is early and under heavy development! Do not use it for real transactions! Do not let real bitcoin anywhere near it! Even if/when this warning is removed, the applicable license still applies. Read it!
Heartbleed!
Although Happynine uses OpenSSL for its ECDSA functionality, it's not vulnerable to the Heartbleed flaw in OpenSSL, which involved a buggy implementation of a part of the TLS protocol. TLS has nothing to do with Bitcoin, so Happynine is and always has been safe from Heartbleed. Nonetheless, to allay fears, version 0.0.29.0 of Happynine in the Chrome Web Store has been updated to version 1.0.1g of OpenSSL, which has the Heartbleed patch.
Overall Status
Happynine can send and receive bitcoin using Electrum servers. It is missing many features and UI affordances that users will expect from a complete wallet. See the issue list for detail on project status.
Did you read the great big warning above? If yes and you wish to proceed, install Happynine from the Chrome Web Store.
User Requirements
- A basic understanding of Bitcoin.
- Because this is still under development, an acceptance that it will probably lose all your bitcoin.
- Chrome. You don't actually have to use this as your browser, but it does need to be installed on your computer.
- (Optional) a Chromebook, which is an excellent device if you're interested in avoiding Windows malware. Buy one today!
BIP 0032 Overview
A root master key is the starting point. It's the complete identity of a BIP 0032 wallet. The xprv version can generate the xpub, but not vice-versa.
The root master key's xprv is used to generate master keys for accounts. A BIP 0032 account is what people usually think of as a Bitcoin wallet. It's a long (2.1 billion) chain of Bitcoin addresses. If you have an account's xprv, you can generate the account's chain of Bitcoin addresses and keys. If you have the account's xpub, you can generate only its addresses.
The simplest BIP 0032 use case is one account, one user. Generate the root master key and use it to derive account zero. Use that single chain of addresses as the user's wallet.
A more interesting use case that Happynine partially supports: one family of parents Alice and Bob with kids Carol, Dan, and Eve. The parents generate the root master key and back up the xprv (for example by printing it out, putting a paper copy in a safe deposit box at a bank, and giving another paper copy to the trusted family attorney). Using the root master key, the parents generate many accounts: a spending account for each of the five people in the family, a joint spending account for the parents, and a savings account for each kid. That's a total of nine accounts.
Mom and Dad distribute the account master keys as follows:
- Each family member gets his or her own spending account's xprv.
- Each parent gets the joint account's xprv.
- The family attorney is instructed to disclose each child's savings account's xprv to the child on that child's 18th birthday.
- The grandparents get three Bitcoin addresses, one from each of the kids' savings accounts.
- Aunt Olive also gets three different Bitcoin addresses for the kids' savings accounts.
- The parents keep all the xpubs, including particularly the ones for the kids' spending xpub accounts.
- The parents do not keep the master key xpub/xprv online.
This arrangement gives the family the following abilities:
- Because each family member has the xprv to his or her own spending account, he or she controls it completely. As with normal Bitcoin wallets, the owner can give out any Bitcoin address from that account to anyone, and spend the funds in any address belonging to that account.
- Because they also have the xpubs, the parents can monitor the kids' spending accounts for unauthorized spending sprees.
- Extended family can give gifts directly to each kids' savings account (because they have Bitcoin addresses belonging to those accounts), but the kids can't spend it until their 18th birthday when they receive the xprv from the family attorney.
- Because the grandparents and Aunt Olive got different addresses, they can't spy on how generous the others are being. Because they have only addresses and not xpubs, they cannot spy on the overall savings balance of any of the kids.
- Eve (who, being named Eve, is cryptologically likely to be evil) cannot steal from her siblings, monitor their balances, or eavesdrop on their transactions.
- The parents can each spend from the joint account, but nobody else can.
- When the parents need to prove assets for a boat loan, they supply their joint xpub to their banker, who can easily verify the balance.
- If any individual in the family loses an xprv key, the parents can regenerate it from the root master key's xprv.
- If the family's house burns down, they can go to the bank, get the root master xprv, regenerate all the account keys, and get back all their bitcoin.
There are many other ways to slice and dice a BIP 0032 tree. Another option in this scenario is to generate only one first-level child account for each person, then to generate further children (savings/spending) from each of those. One might also wonder why the parents have no savings account. Are they planning on living off the kids during retirement? Regardless, you can structure your wallet any way you want.
FAQ
- This is so cool! Can I send you a small thank-you payment? It's not necessary at all, but of course I'd appreciate it tremendously. Send tips to 1BUGzQ7CiHF2FUxHVH2LbUx1oNNN9VnuC1.
TODO(miket): replace with a BIP 0032 address!
- What is this BIP 0032 thing you keep mentioning? It's a Bitcoin Improvement Proposal, which is a little like an RFC in the Internet world. Read the spec. The basic idea is that your entire wallet can be backed up and restored with a single sequence of letters and numbers starting with
xprv that looks like this: xprv9s21ZrQH143K3QTDL4LXw2FKmP...GJxWUtg6LnF5kejMRNNU3TGtRBeJgk33yuGBxrMPHi (the middle is elided, but it's the root of BIP 0032 Test Vector 1). The concept is similar to Electrum in this respect, but BIP 0032 has a few more features than Electrum's deterministic wallet. By the way, anyone else can steal all your bitcoin if they get that xprv sequence, so keep it private!
- Can I watch a BIP 0032 wallet without enabling the app to spend any of the funds in it? Yes, this is one of the coolest features of most deterministic wallets. If you install the xpub version of one of your accounts, then the app can view all the Bitcoin addresses but cannot generate the corresponding private keys. In English, this means you can watch the balances and transactions on an account, but the app can't spend any of the funds in any of the addresses. This is very useful if you want to watch your balances on a computer you don't completely control, such as a work computer, and want to feel secure that if someone else finds your app, there's no way they can steal your bitcoin.
- If I start using Happynine, am I committed to using it for my bitcoin forever? No, not at all. That's what's nice about BIP 0032: it's a standard. As long as you know your wallet's xprv, you can use any BIP 0032 app or site to manage your bitcoin. Even if there were no BIP 0032 apps but you were good at math and had a good calculator, you could derive all your Bitcoin private keys from the xprv.
- That last answer disturbed me. Calculator? Math? OK, how about this: if you want to switch to another wallet app, just send your funds in your Happynine wallet to that one.
- What about my vanity addresses? How do I generate a BIP 0032 vanity address? You lose that with BIP 0032. In theory you could walk a chain until you find an address that matches the pattern you want, but then you'd have to remember the index of that address if you ever wanted to recover your wallet. Or you could write a version of vanitygen that generated root master keys until one address on one account chain contained the cutesy phrase you wanted, but it would be very hard to get one key that generated two interesting addresses. It's not impossible, just not a good fit for how this kind of wallet works. In exchange for the comfort of knowing your wallet is extremely easy to back up and recover, you lose the ability to pick vanity addresses.
- I have a tips address that I have published far and wide. Can I import it into this wallet? See previous question. You'll have to manage that address separately. It would be possible to take an approach like Electrum's, which is deterministic but adds the ability to add other addresses, but then the elegance of the simple backup is lost. At this point it's not on the project radar.
- Why a Chrome App? Because Chrome Apps are awesome! They're easy to write and very secure. Security is an important reason why Chrome Apps are a good platform for anything related to Bitcoin, as you'd be sad if malware stole your money.
- What does "Happynine" mean? I was looking for a catchier name than "Bitcoin Wallet App." Hours later, I looked up the significance of the number 32 from BIP 0032. It turns out 32 is the ninth happy number. So "happy nine."
Acknowledgments