try to prevent people from losing their passwords

[mackuba]

I think we need to really make sure that the user knows what they're doing when they set a new password. If they don't think too much about it and set a password that they later forget, their money is lost.

Maybe we should require a third confirmation, in a popup like when sending money, with a warning that explains them that they REALLY need to remember this password?

[mackuba]

This is becoming a problem much faster than I expected...

Hello, I seem to have run into a little conundrum with Hive. I, for the life of me, cannot recall the 'passphrase' I either chose or was provided that is apparently necessarily to transfer any of my BTC out of the wallet. I have it backed up via Dropbox..please help..this is creating quite the upset. Thanks

so, essentially, if i don't remember this particular password - i'm screwed my BTC's in Hive..even if i backed up via dropbox? What good does a dropbox backup do then?

[tgerring]

Suggest to start implementing seed phrase-based solution in bitcoinj-0.11

[mackuba]

Possible solutions:
#43
#98

[mackuba]

Ok, let's see how well #43 works. If it doesn't, I hope Mike gets BIP32+39 done soon...