I have been reading more about private keys and don't fully understand. Apps or sites which create passphrases e.g 24 words that are used to create a private key. How on earth is this secure? Won't those be effectively brain wallets suspectivale to dictionary attacks?
Bitcoin Private Keys
Joseph Phillips
Other urls found in this thread:
allprivatekeys.com
bitaddress.org
twitter.com
Nicholas Hall
well considering they use like 1000 possible words in the seed list and there are only 24 letters in the alphabet and 10 numbers you do the math idiot
Lucas Adams
Blake Murphy
Dash has an option to add your own words to the seed. I just trow in a bunch of meme words and words of my own language written in slang and all that no one can possibly ever dictionary that.
Juan Anderson
>Do NOT use a brainwallet. You are lekely to lose your coins
>Brain Wallets have a significant disadvantage that means they have a higher probability of being hacked.
Bentley Ward
Anything that isn't bitcoin, specifically wallet.dat on cold storage, has risk. However how realistic is it that a 24 word electrum seed created in cold storage gets bruteforced? do the math.
Mason Fisher
Can someone answer this
On Ethereum there are 2 options for creating a private key.
a) wordpharse
b) the long private key itself
For Bitcoin (BTC BCH AND BSV)
ARE there SIMILAR to ETH 2 ways or
Is it just the 24 wordpharse
Thank you
Xavier Scott
ITT brainlets
first off, don't choose the phrase yourself, a computer is better at coming up with random shit.
Second, your phrase doesn't generate a private key, but is used as a seed to generate infinite keys.
Third, don't use a website to generate a phrase or keys to anything
Listen gramps this might be a bit over your head
Owen Wood
the word phrase is just a generator seed for the long private key, so it's only a mnemonic for the key itself, same for bitcoin and pretty much every coin out there
Adam Allen
>I’m safer becUse I added meme words!
The absolute STATE
Bentley Robinson
Can i ask where do you store your Bitcoin? Which wallets do you recommend?
Are Android App and phases good?
Isaiah Cooper
Thomas Howard
Can i ask where do you store your Bitcoin? Which wallets do you recommend?
Are Android App and phases good
Liam Jackson
True dat u can possibly leverage rng to cut down the number of addresses to check.
But otherwise there is no algo other than brute force, which is extremely inefficient.
Tbh, it is much easier to hunt for weak spots in privacy. Eg, phishing, keylogfers etx
Logan Gonzalez
It doesn't matter how you create a wallet in ETH, ETH's network is a clusterfuck.
James Allen
WHAT about bitcoin?
where do you store your Bitcoin? Which wallets do you recommend?
Are Android App and phases good
Kayden Lopez
brute forcing 1000^24 possible combinations would take longer than the lifespan of the universe using current computers
Eli Wilson
since we're on the topic
can someone explain to me how new bitcoin addressed are generated? what guarantees that the address doesnt exist already?
Alexander Wood
me too
Robert Mitchell
after applying a Public key, the Private key has to be applied in order to unencrypt it. Viceversa, applying the Private makes it encrypted until someone can apply the corresponding Public.
to decrypt, you need to apply *both* the Private and Public key, no matter the order.
if I want to encrypt Something and be sure you're the only one who can decrypt it, I'll apply your Public key only. It's public, everyone knows it, but since you're the only one knowing your Private key, you'll be the only one decrypting my Something
Viceversa, if you want to sign Anything and be sure I'll be the one able to unencrypt and verify it was actually you to ship it, you will apply your Private key and my Public key. Thus, to verify it, your Public key and my Private key will be required. Your Public is -indeed- public, but my Private is not.
Aiden Watson
>where do you store your Bitcoin? Which wallets do you recommend?
>Are Android App and phases good
Thanks, could you answer or anyone the above
Carter Barnes
My man, there are most definitely 26 letters in the alphabet
Matthew Ortiz
based
Logan Garcia
there's absolutely nothing wrong with using a brainwallet if you use a strong method for creating entropy for the passphrase. use diceware and casino dice.
Owen Torres
probability is the only thing guaranteeing that the address doesn't exist already.
If you feel lucky, try this: bitaddress.org
you might end up generating binance's wallet.
Elijah Lopez
You really don’t like math user
Thomas Rogers
>where do you store your Bitcoin? Which wallets do you recommend?
>>Are Android App and phases good
where do you store your Bitcoin? Which wallets do you recommend?
Are Android App and phases good