diff --git a/ecosystem/sep-0046.md b/ecosystem/sep-0046.md index e004dd19b..5179c6943 100644 --- a/ecosystem/sep-0046.md +++ b/ecosystem/sep-0046.md @@ -52,14 +52,13 @@ are different from SLIP-0039 derived addresses. ## Design Rationale -`SLIP-39` is an industry standard and is being implemented in some hardware wallets. +`SLIP-39` was chosen as the base standard because of: -Alternatives considered include: - -- XOR method, -- Using a passphrase only, -- Splitting the mnemonic codes in shares, -- Multiple backups. +1. Industry adoption and testing, +2. Hardware wallet support, +3. Individual shares do not reveal anything about the whole secret, +4. Can be used as part of a backup strategy, +5. Advanced custodial setup with groups having their own thresholds. ## Test Cases