25 hours a week
Steganography is a well-known mechanism that has been used for centuries (with different levels of sophistication) to avoid censorship and enable secret communications. Cryptocurrency wallets are normally protected by different levels of encryption and can even be stored into hardware wallets with different levels of security. Carrying one of this wallets can be problematic in certain scenarios such as crossing borders, avoiding duress, escaping authoritarian governments, banning of cryptocurrencies, etc. Being able to hide wallets into images (or other objects) would allow cryptocurrency owners to hide the mere existence of their wallets avoiding some of these scenarios.
The purpose of our project is to hide the existence of a cryptowallet by using steganography on images. There have been a few attempts at this but they have been mostly amateurish and recreational. James Stanley created a tool to encode Bitcoin wallet seeds and generate sentences to hide their content . There have also been some attempts at hiding this information into fractals and similar structures . Of course, users could use standard steganographic tools on their own and hide wallets into images. However, there are a certain set of requirements that would need to be fulfilled by the image selected as cover and not all steganographic algorithms offer the same levels of security.
 Steganographic Bitcoin seeds: Hiding cash in plain sight, James Stanley. Accessed on Feb. 2021.
 Hiding Bitcoins in Steganographic Fractals, Osama Hosan, 2018 IEEE International Symposium on Signal Processing and Information Technology (ISSPIT).