Post
Topic
Board Electrum
Re: Bitcoins stolen from Electrum wallet
by
Captain-Cryptory
on 10/07/2020, 12:32:36 UTC

36.99 minutes in  the case of offline  attack scenario and 2.22 sec if the massive cracking array of relevant devices is used, according to https://www.grc.com/haystack.htm   To be on the safe side the entropy of password should be at least 256 bit and password itself should consist of two parts, i.e dynamic and static, the latter delivered via HW security key (https://bitcointalk.org/index.php?topic=5223442.msg53778608#msg53778608).

Those are rough estimation and actual time to brute-force the password depends on algorithm used for encryption (encryption require more computational power compared with hashing) and hardware owned by the hacker.

Sure, rough. In confidence, using the rainbow tables (which are flooding the Web) it can be achieved even faster and it  doesn't require too  modern equipment. Those estimates simply show the password with eight characters all together is too weak.