Post
Topic
Board Hardware wallets
Re: Has anyone used the HW.1 or Ledger Nano Bitcoin wallet?
by
smith coins
on 23/01/2016, 12:25:51 UTC

Thanks for the tip, BIP39 Word list contains 2048 words, what are the chances to bruteforce the 24word seeds of the Ledger wallet?


2048^24 as for each word it randomly choses one from the list, which would be 2.9642775e+79.

This number is astronimically high. It is basically creating a 24 character password, but instead of only keyboard input, you now have 2048 inputs to choose from.
I know the number is really high(2.96e+79) but for bruteforcers how long can it take, because it is random they can probably be lucky and find within a month maybe!! I'm just curious.