Post
Topic
Board Altcoin Discussion
Re: Hack any wallet?
by
cytpoway121
on 01/06/2019, 23:20:04 UTC
So there are 12 words chosen from thousands to recover any wallet.

If you iterate through random word combinations you will eventually generate a wallet that exists, correct?

I know the number of combinations is astronomical. But in theory if you keep generating random phrases, you might eventually stumble upon a wallet holding millions?



It is very much harder to generate 12 correlating words to get a random account
That’s why it’s safe and secure using such paper wallet

And the opportunity to stumble on an existing wallet is 1 in a billion