Are seed phrases safe? How can we trust that our Bitcoin / crypto won’t be hacked? Learn about all the nuances of seed phrases here and on the companion blog post down below
🧠 Learn all about seed phrases here: https://www.rhett.blog/12-vs-24-words/
🐦 Follow me on Twitter (DM me any questions): https://twitter.com/RhettRe
It’s impossible to guess the words that I wrote on this piece of paper seed phrases as we know them came from a Bitcoin Improvement called bip 39 and bip 39 is just a standard used by Bitcoin and crypto wallets to generate private keys so instead of generating
Some giant number that no one can read B 39 generates 12 or 24 words from a dictionary of 248 words that represent the private key therefore there are 248 to the 12th power are about 10 to the 39th combinations of 12-word seed phrases and 248 to the 24th power or
About 10 the 79th combinations of 24w seed phrases let’s quickly put those giant numbers into context there are 10 to the 18th grains of sand on earth 10 to the 23rd stars in the universe and 10 to the 82nd atoms in the universe if I hit a single grain of sand somewhere on
Earth it would be easier for you to find that single grain of sand than it would be for you to guess this 12-word seed phrase and that’s why
1 Comment
Hello guys