Post
Topic
Board Beginners & Help
Re: [General] Bitcoin Wallets - Which, what, why?
by
achow101
on 10/06/2017, 18:02:48 UTC
Im really interested in brain wallets if anyone could explain how they work.
Brain wallets are a type of wallet where the private key is derived from a passphrase and salt that you remember. The important details are stored in your brain, hence brain wallet. However, brain wallets are highly insecure because the human mind is horrible at generating secure enough passphrases. Humans simply cannot provide enough randomness in order to make a private key securely.