Post
Topic
Board Bitcoin Discussion
Merits 2 from 2 users
Re: Alternative to bip39 : memorizing your seed with the PEG system
by
o_e_l_e_o
on 29/10/2021, 08:07:36 UTC
⭐ Merited by Charles-Tim (1) ,vapourminer (1)
So you end up with 38 things to memorize, but you have no way of memorizing the order? So in 5 years' time even if you somehow manage to recall all 38 things without forgetting a single one (which is incredibly unlikely), you now end up having to brute force 38! possible combinations, which is impossible. Even if you could brute force a trillion combinations a second, it would take you over a trillion times longer than the age of the universe to even calculate 0.1% of all possible combinations.

Your system also has no way of covering duplicates?

All in all, as with any system which relies on memory alone, this sounds like a great way to lose your coins. Just write your seed phrase on paper like you are supposed to.