Update README.md
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README.md
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README.md
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@ -51,6 +51,32 @@ A Multisig HD Wallet Service, with minimun server trust.
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```
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# Local data
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Copayers store its extended private key and their copayer's extended public key locally. We call this the ``Wallet Critical Data``. Extended private keys are never sent to the server.
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# Password protection
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Local data can be encrypted by the bit-wallet. Use the `-n` parameter to define the access level permited for no password operation. Available access levels are: `none` (password is required for everything, localfile is fully encrypted) `readonly`, `readwrite` and `full` (password is not ever required, local file is fully unencrypted) .
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### encrypts everything by default
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```
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bit create myWallet 2-3 --nopasswd none
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Password:
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```
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### allows readonly operations without password (encrypts xpriv, and leave readonlySigningKey unencrypted)
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```
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bit create myWallet 2-3 -p --nopasswd readonly
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```
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### allows readwrite operations without password (only encrypts xpriv)
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```
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bit create myWallet 2-3 -p --nopasswd readwrite
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```
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# Advanced Operation
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## Mobility
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@ -125,28 +151,6 @@ bit sign e01e -i txproposals.dat -o txproposals-signed.dat
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bit sign -i txproposals-signed.dat
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```
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# Password protection (TODO)
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### encrypts everything by default
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```
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bit create myWallet 2-3 -p password
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# Or (interactive mode)
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bit create myWallet 2-3 -p
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Enter password:
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```
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### allows readonly operations without password (encrypts xpriv, and leave readonlySigningKey unencrypted)
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```
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bit create myWallet 2-3 -p --nopasswd:ro
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```
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### allows readwrite operations without password (only encrypts xpriv)
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```
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bit create myWallet 2-3 -p --nopasswd:rw
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```
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# Local data
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Copayers store its extended private key and their copayer's extended public key locally. We call this the ``Wallet Critical Data``.
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# Security Considerations
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* Private keys are never send to the server. Copayers store them locally.
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