![]() ![]() ![]() (I made liberal roundings and simplifications but should be within 3 or 5 magnitudes).Īs for your question about. There are only 2*10^11 atoms in our galaxy, so very large amount of guesses. So in order for someone to guess your 12 words they would have to spend around 300*10^22 dollars to papa Bezos. The price Amazon charged them them was around 300 bucks for 3.6*10^16 guesses. How many combinations could a computer probably do? In this article a person brute forces the last 3 words of a mnemonic and they use a service like Amazon Web Services, which allows people to rent computers from them. so 2^128 (3*10^38) combinations would have to be tested to steal your crypto. Your 12 words have about 128 bits of entropy in them. Im litterally working on a vid that covers this, but I'll give you the tldr. However, im still a fan of wallet.dat over Electrum because im too paranoid someone will derive the seed somehow, but at least to move some "tourism funds" if you wanted to travel abroad, I can see relying on Electrum feasible to cross borders. So ideally you don't even want to ever carry a wallet and just memorize your seed. I've heard people getting their laptops and HDDs forced to be decrypted on customs for instance. Realize that airports are becoming increasingly aggressive in anti crypto laws for instance. So I was wondering, what are the chances you suddenly wake up with your losts stolen because someone bruteforced your seed vs 24? I've seen people recommending 24, and im wondering if it's worth the higher chance you screw up when trying to access it by memory. Ideally you don't even want the seed to exists anywhere outside your head, so 12 is reasonable, 24 increases the possibility for forgetting one or the order too much. The problem is, there's no way I will not forget about the 24 words. When using 12 word seeds, how much less safe it is compared to 24 words?īy using 12 I can actually memorize the 12 words. Hardware wallets - Electrum supports hardware wallets: Ledger, Trezor, Keepkey. Multi-Platform - Windows, Mac, Linux, Android Two Factor Authentication - Supports two factor authentication with Trustedcoin. MultiSignature - Require multiple wallets.Īdd-ons - Support for third-party plugins: Multisig services, Hardware wallets, etc. No Downtime - Decentralized and redundant. No Lock-In - Exportable keys to other clients. ![]() Instant - Electrum uses servers to do the heavy lifting with the Bitcoin blockchain. ( SPV)įorgiving - Fully recoverable with your backed up mnemonic seed words. Safe - Encrypted keys never leave your pc. The best, cutting edge thin Bitcoin wallet software. ![]()
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