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## Summary
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A user should be able to recover accounts created in MyCrypto, MetaMask, Toshi, Cipher Browser, and other
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mnemonic wallets.
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mnemonic wallets, into Status.
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## Swarm Participants
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- Lead Contributor: @pilu
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- Testing & Evaluation: <!-- @username -->
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- Testing & Evaluation: @antdanchenko
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- Testing & Evaluation: @asemiankevich
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- Contributor: <!-- @username -->
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- Contributor: <!-- @username -->
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- PM: <!--- @username -->
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- UX (if relevant): <!-- @username -->
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- PM: @chadyj
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- UX (if relevant): @jpbowen
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<!-- - Contributor: @username -->
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## Product Overview
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The wallets named above create the private key with the mnemonic words but without password.
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In those wallets, the password is only used to lock the account, and it's not needed to recover it.
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In those wallets, the password is only used to lock the account and encrypt the private key, and it's not needed to recover it.
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In Status, the same password is used to generate the account and to recover it,
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so a user cannot recover a wallet created with the 12 words but without password.
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@ -44,10 +45,12 @@ and use the passoword only to lock the account on the phone.
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<!-- The Swarm must develop a fully fleshed out Requirements document for the idea to proceed, to the satisfaction of participants. -->
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Requires Idea #94 (Wallet Compatibility)
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Requires Idea #58-mainnet
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Requires Idea 80-onboarding
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### Minimum Viable Product
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<!-- Mandatory, completes the Idea in the fastest route possible, can be hacky, needed to feel progress. See https://imgur.com/a/HVlw3 -->
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Goal Date: <!-- Date for evaluation in ISO 8601 (yyyy-mm-dd) format -->
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Goal Date: 2018-04-20
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Description: <!-- Description of Deliverables-->
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@ -63,6 +66,9 @@ Testing Days required: <!-- Days required at the end of development for testing
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<!-- Example: Onboarding conversion rate. Target >30% full funnel -->
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* 5k daily active users (OKR 2.1 of Q2)
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* 20% of users send a transaction (OKR 2.4 of Q2)
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## Exit criteria
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<!-- Launch new onboarding UI flow -->
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