Mining bitcoin software download
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Only top voted, non community-wiki answers of a minimum length are eligible. Questions Tags Users Badges Unanswered. Tag Info users hot new synonyms. Hot answers tagged brain-wallet day week month year all. Why are brain wallets not secure? People keep saying it, but explain to me why?
It's not to do with length, but entropy. Humans are terrible at creating randomness, even what you think is hard to guess could in all probability be guessed with enough iteration. Family names for example are easy to guess, there's a finite number of them and a vast portion of names are from a set of only a few hundred. What's the chance of you Would it be wise and extra secure to use non-ascii characters in a brain wallet?
It would not be wise to do this. Those strings look the same but one is a completely How long would it take to crack an 8-word brain wallet?
A very, very long time. Oxford English Dictionary contains full entries for , words in current use. If you use only lower case letters and they are mostly random words no phrases - "four score and seven years ago" is like having your password be "secret" , there are about 7. At 50 million attempts per second, it'll be about Ben 1 How do I consolidate all my BTC into a single address?
Once you have the address you'd like the coins to be in, just make one transaction for the total amount of your balance going to that address. The inputs from all transactions leading into the sending wallet will be combined into a single output automatically. Or are you asking how to create the brain wallet in the first place?
How safe is a brain wallet? They can be made a heck-of-a-lot safer with simple key-stretching. The WarpWallet runs Scrypt on your passphrase, and outputs a string in the full bit keyspace.
It's at least x more expensive to guess a WarpWallet address than a standard brainwallet address. And if you had access to high-end scrypt-computing hardware, you're probably better off Max Krohn 2. Is this brainwallet approach safe enough?
Appending numbers doesn't open you up to any particular vulnerability, but using any human derived private key is an extremely poor idea. Markov chains are extraordinarily good at attacking passphrases, which is counter intuitive when most people assume an exhaustive search character by character. Someone else already mentioned entropy. Humans are really bad at creating randomness.
But that's only one part of it. The other part is time, and how it's on the attacker's side. An attacker can generate a lot of brainwallets with a lot of different words and phrases. Then they watch the blockchain to see if any of those addresses receive coins. Jonathan 1 3. How does one create a brain wallet from a seed using SHA?
A bitcoin generator can generate an address. Very interesting presentation on this topic, about cracking bitcoin brainwallets: Can ASIC miners easily be used to guess brainwallet passphrases? What follows is an educated guess, not certain statements, and is based on Electrum's brainwallet phrases just figured it'd be a good example , not other schemes or human-generated ones. No, a miner can't easily be tricked into doing it e.
This is because ordinary What if the brain wallet is just a memorable private key itself? A series of random words not a sentence! There are no warnings given on the site about the safety of this. How secure are brain wallets? As secure as you make them, in my opinion. Let's say you use all 92 characters in your password, and it's 30 letters long. It would take more energy than can possibly be produced on earth to brute force it. If anything, then the contest just proved that brainwallets is more secure than one would think.
After a few hours the "lorem ipsum dolor sit amet" address was "cracked", after two weeks the rest wasn't cracked. The author of the contest linjaaho gave A LOT of hints, but even though that, it took around two days for the rest of the addresses to be cracked Nicolai 1, 11 How are brain wallets generated?
So yes, you can just use SHA passphrase to generate a private key. What are the chances of a typo while trying to enter your password, just to generate the private key? My suggestion, if you wish to use a secure enough password, is first to make sure you are not largely using actual words or phrases. Certainly, use information only you know, organized in a way only you could How to generate recovery phrase from private key. Firstly, it is highly recommended not to use a brainwallet, your coins will be stolen.
But in general, if you have a private key, there is no way to obtain the 12 word recovery phrase from it. That is because the 12 word phrase is used as a seed to generate a hierarchical deterministic master extended private key, as described in BIP 39 and BIP 32 and this There are roughly , words in the english dictionary according to this link.
However 64 bits of security is generally considered weak these days. Bitcoin uses bit keys 1. We made a much improved version of brainwallet that uses scrypt key-stretching to protect your secret key.
There's currently an unbroken 20BTC challenge for an 8-letter passphrase. Compressed or uncompressed for brainwallet? Sending bitcoin to one address will not be accessible by the other, as they are technically independent. John Henry 1, 8 Would this wallet backup system work? In a way, this is how deterministic wallets work: All keys and addresses are derived from a secret pass phrase.
The "wallet" in this case is the description of the algorithm, which is "stored" publicly. Thilo 2, 2 20 If it is easy to remember, it is almost certainly easy to guess. And by guess, I don't mean a single person trying a few sentences in some time. I mean exposing yourself to a brute force attack by the entire world the block chain data is public , for eternity.
Is there a way to generate a brain wallet from the command line or console? BIP38 or Brain wallet? BIP38 wallets are significantly more secure and are resistant to brute-force attacks when a decent passphrase is used. Generally the term "Brain Wallet" refers to one in which the private key is derived from a phrase you make up.
These have been shown to be insecure because humans are bad at entropy and generally anything easy enough to remember is not Jonathan Cross 3 Brain wallets use your secret phrase to deterministically generate keys for you, meaning that you can never lose your wallet and there is no need to print it except for extra-safe keeping. Hence the name, "brain" wallet not paper wallet. But they have the downside that human chosen, and memorable, passphrases are usually easier to break.
So in this sense, Compressed keys default for brainwallet? The compressed keys are better for use. Because the redeem transaction size will be smaller, so one can save a fee. Unfortunately, the original design of brainwallets created uncompressed keys. And now this setting is default. It is too late to change the default behavior of this.
Let us say that "uncompressed" keys are standard de-facto.