Post
Topic
Board Beginners & Help
Re: What's the safest way to use an awesome brainwallet?
by
Five Points
on 04/11/2013, 05:10:16 UTC
When you use something like Electrum to generate a brain wallet, the passphrase is the seed. From this seed, the app generates an unlimited number of addresses, public keys, and private keys that can be deterministically re-generated, given the passphrase. So in this case, you can have one "brain wallet" (the passphrase) but an unlimited number of public keys generated from that seed; and revealing any of these public keys should be perfectly safe. Right?


Could I choose my own passphrase to do that? I don't trust those randomly generated passphrases.

But I want to be able to use a passphrase to pull up my private key without using software that could become deprecated or non-standard overtime. I would like to be able to recall my passphrase 40 years from now, and the standard generator will pull up my offline savings account without worry.