Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
yefi
on 13/08/2020, 18:16:05 UTC
⭐ Merited by cAPSLOCK (1)
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.