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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
yefi
on
13/08/2020, 18:16:05 UTC
⭐ Merited by
cAPSLOCK
(1)
Quote from: Dabs on
Today
at 03:34:17 PM
You guys got the 12 word seed thing part wrong.
Short version:
12 words is like 128 bits (2048^12 = 2^132)
24 words is like 256 bits
Long version:
https://en.bitcoin.it/wiki/Seed_phrase
https://www.reddit.com/r/Bitcoin/comments/6twuj1/are_12word_seeds_for_bitcoin_private_keys_secure/
That's total entropy where you have no information about the key, but we're starting from a position where we already know the fragments and just need the order - a grossly reduced search space.