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Author Topic: brain wallets - good or bad  (Read 3456 times)
BitGenerator
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December 04, 2017, 11:26:32 PM
 #61

ive been reading a fair amount  about brain wallets. they fascinate me

ive heard some pros and some cons. the main reason against them seems to be that

1- people use very common phrases (lyrics to songs etc)
2- people have poor memory

but if one were to use an uncommon phrase (say a foreign language idomatic expression) and they securely stored the phrase, would the brain wallet fail

additionally ive seen some brain wallets add an extra password to help the seed

given the above assumptions, at a technical level, is there reason to believe brain wallets are not to be used other than what popular opinions feel?

Nah, brainwallets are easly lost, I'don't commend them at all.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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December 05, 2017, 03:35:08 AM
 #62

ive been reading a fair amount  about brain wallets. they fascinate me

I really don't think these will work always, we can't say the capacity of the memory, creating your own  mnemonic recovery phrase is very risky.
It really depends on the peaon having the wallet, there is a percentage that it will be forgotten and its danger is given-that cannot be, should be 100% safe.

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December 05, 2017, 04:22:19 AM
 #63

yes it is do good, the brain wallet is so better than than other wallet it is so seccure
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