<p dir="ltr"><br>
On Nov 17, 2014 7:39 AM, "Pieter Wuille" <<a href="mailto:pieter.wuille@gmail.com">pieter.wuille@gmail.com</a>> wrote:</p>
<p dir="ltr">> That is inevitable for any wallet that offers any functionality beyond<br>
> just maintaining a balance and the ability to send coins. In<br>
> particular, anything that wishes to list previous transaction (with<br>
> timestamps, history, metadata, messages sent using t<br>
> What HD wallets (or any type of deterministic derivation scheme) offer<br>
> is the fact that you can separate secret data and public data. You<br>
> only need one safe backup of the master secret key - all the rest can<br>
> at most result in privacy loss and not in lost coins.<br>
><br>
> --<br>
> Pieter</p>
<p dir="ltr">I agree but right now wallets not using stealth will only lose metadata, not coins, if their computer crashes and they have the seed backed up. </p>
<p dir="ltr">But if a user wants to upgrade to stealth, they then risk losing metadata AND coins if they either didn't manually back up after every transaction or use a centralized cloud backup service.</p>
<p dir="ltr">That's if OP_RETURN is not utilized for storage. </p>