One Picture is Worth a Thousand Words: A New Wallet Recovery Process
This addresses wallet recovery for cryptocurrency users, but it appears incremental as it builds on existing methods like visual passwords and fuzzy matching.
The paper tackles the problem of wallet recovery by replacing long seed phrases with a photograph, using visual passwords, ImageNet classifiers, and obfuscated fuzzy matching, and shows this replacement is possible in experiments.
We introduce a new wallet recovery process. Our solution associates 1) visual passwords: a photograph of a secretly picked object (Chabanne et al., 2013) with 2) ImageNet classifiers transforming images into binary vectors and, 3) obfuscated fuzzy matching (Galbraith and Zobernig, 2019) for the storage of visual passwords/retrieval of wallet seeds. Our experiments show that the replacement of long seed phrases by a photograph is possible.