NIP-6 👀

NIP-06 proposes a method for basic key derivation in Nostr using mnemonic seed phrases, leveraging the BIP39 and BIP32 standards for key generation and derivation paths.

NIP-06 introduces a basic key derivation method for Nostr using mnemonic seed phrases. The proposal adopts the BIP39 standard for generating mnemonic seed words and deriving a binary seed from them. Additionally, it uses the BIP32 standard to derive the path m/44'/1237'/<account>'/0/0, in accordance with Nostr's entry on SLIP44.

For basic client implementations, an account value of 0 can be used to derive a single key. For more advanced use cases, the account value can be incremented, allowing the generation of practically infinite keys from the 5-level path with hardened derivation.

The NIP-06 standard allows for flexibility in key derivation, enabling other types of clients to use different derivation paths for their specific purposes.