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Assets

Ranked by what their loss costs you.

Asset Loss means
Seed / master private key Total, irreversible loss of funds
BIP-39 passphrase Total loss of the wallets derived under it
Signing authority (the ability to make the device sign) Loss of funds, bounded by quorum
Extended public keys and descriptors Loss of privacy: full transaction graph and balance history
Transaction intent (who you are paying, how much) Loss of privacy, and targeting information
The device's integrity claim (manifest root hash) Loss of the ability to detect any of the above
A backup file that carries a seed Total loss of the wallets in it, under one passphrase rather than under the mnemonic
A BIP-85 child seed Total loss of that child, and it is derivable by anyone holding the parent mnemonic

The last row is why the verification system exists. If an attacker can make you believe you are running verified code when you are not, every other defence in this document is theatre.


Rendered from docs/THREAT-MODEL.md, the same bytes that ship with the code. SHA-256 d932f13db7fe836f45194ab98069c47dc556d4f29b2cfbf0ef1ab3bf7b334ffd