Post
Topic
Board Development & Technical Discussion
Re: How to Create a Bitcoin Receive Address from a Coin Flip
by
sardokan
on 26/02/2015, 10:09:45 UTC

Step A.
Get a coin.  Label one side as “1” and the other side as “0”
Flip the coin 256 times and record the results as you go in groups of 4.  When you are done, your binary sequence should look something like this:

Big, issue, you flip same coin 256 times, so you loose entropy

the more different coins you throw the better entropy source you will get

I personnally use 32 hexidices to lower this impact