How is the encrypted label file generated, and how can I decrypt it?

  • The encrypted label file is generated using the Labelbase Python library for BIP-329. This library provides functionality for managing Bitcoin coin control information and allows you to export labels in an encrypted format.

  • To decrypt the BIP-329 label files manually, you can refer to the instructions provided in the Labelbase Python library documentation. This documentation provides detailed steps and examples for decrypting label files using the library.

  • Please note that the passphrase used for encryption is crucial for decryption. Ensure that you keep your passphrase secure and do not share it with anyone unauthorized, as it is required to access your encrypted label data.