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Author Topic: Electrum Brain Wallet ?  (Read 363 times)
HCP
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April 05, 2019, 11:16:12 AM
 #21

hardware wallet has seeds too, also i don't want someone to put a knife on my neck and ask me to open my hardware wallet !! 
That's why hardware wallets allow the use of "Plausible Deniability" and allow you to add a "passphrase" to your 12/24 words... You can create a "dummy" wallet with some spare change using the words... and your REAL wallet is hidden by the passphrase. If someone puts a knife to your neck, give them the seed, they get spare change only Wink

Refer:
https://support.ledger.com/hc/en-us/articles/115005214529-Advanced-passphrase-security
https://blog.trezor.io/passphrase-the-ultimate-protection-for-your-accounts-3a311990925b

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stsfi (OP)
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April 06, 2019, 07:32:44 AM
 #22

hardware wallet has seeds too, also i don't want someone to put a knife on my neck and ask me to open my hardware wallet !! 
That's why hardware wallets allow the use of "Plausible Deniability" and allow you to add a "passphrase" to your 12/24 words... You can create a "dummy" wallet with some spare change using the words... and your REAL wallet is hidden by the passphrase. If someone puts a knife to your neck, give them the seed, they get spare change only Wink

Refer:
https://support.ledger.com/hc/en-us/articles/115005214529-Advanced-passphrase-security
https://blog.trezor.io/passphrase-the-ultimate-protection-for-your-accounts-3a311990925b


yes yes this is exactly what i wanted Cheesy but i think better way is to have two wallet one electrum for daily use and one brain for storage for long term
pooya87
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April 07, 2019, 12:19:42 AM
 #23

hardware wallet has seeds too, also i don't want someone to put a knife on my neck and ask me to open my hardware wallet !! 
That's why hardware wallets allow the use of "Plausible Deniability" and allow you to add a "passphrase" to your 12/24 words... You can create a "dummy" wallet with some spare change using the words... and your REAL wallet is hidden by the passphrase. If someone puts a knife to your neck, give them the seed, they get spare change only Wink

Refer:
https://support.ledger.com/hc/en-us/articles/115005214529-Advanced-passphrase-security
https://blog.trezor.io/passphrase-the-ultimate-protection-for-your-accounts-3a311990925b

yes yes this is exactly what i wanted Cheesy but i think better way is to have two wallet one electrum for daily use and one brain for storage for long term

that still has nothing to do with brain wallets. you are still getting the same seed with enough entropy and only extending it with a password. and in my opinion it is still a strange concept because if someone targets you and puts a knife to your neck they already know how much bitcoin you own, they won't believe you if you give them an empty wallet or a wallet with small amount in it. they will beat the password out of you too!

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