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Author Topic: Not funny problem I opened a wallet that was not mine  (Read 320 times)
LoyceV
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June 02, 2021, 10:05:24 AM
 #21

And yet doing so is still trillions of times easier than stumbling across someone else's seed phrase.
Random Bitcoin addresses often appeal to the imagination. My first thought when entering a 12 word seed phrase and getting suggested words after 2 or 3 characters was the same: "wait a minute, I can do this!". Until I started doing the math.
Random large numbers aren't intuitive, and quite hard to grasp. Finding a properly generated Bitcoin private key by chance is much less likely than typing my creditcard number by chance. Or even easier: my phone number. And yet, nobody would try to brute-force either one of those, because in those cases it's obvious how unlikely the odds are.

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bob123
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June 02, 2021, 04:16:06 PM
 #22

Using just the valid words what is the likelihood of opening a wallet?

Obviously not hard as I did it

You really need to do the math first.
Luckily someone else already did that for you.

Now the next step is to actually understand it. If you still have valid questions, feel free to ask.
Otherwise, try using the search engine. This question has been answered at least a few hundred times already.


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June 12, 2021, 12:56:15 AM
 #23

Wait until OP finds out about BIP39 passphrases that can be use with BIP39 mnemonics that allow you to use *any* password and get a completely different wallet! Roll Eyes Shocked Tongue

What a *HUGE* backdoor! Roll Eyes

Seriously tho, hopefully this has been an educational experience for the OP... just because the 12/24 word seed looks exceptionally "simple", doesn't mean that it is easy for a bot to simply generate every wallet ever used. The math doesn't lie!

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DireWolfM14
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June 12, 2021, 01:15:39 AM
 #24

The math doesn't lie!

Wait, what?  So, does that mean that 21 million is a finite number?

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