My own experience that is teaching me about brain wallet

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My own experience that is teaching me about brain wallet

On a whim, I just created a wallet. I put a very small amt of $ in it. And within 3 seconds, it was emptied out.

I know this is not ground breaking knowledge, but it is first hand:

What this is teaching me:

The people who crack your keys are not specifically targeting your wallet. However, you can just picture someone with a dictionary of wallets (in programming terms, a dictionary is just a list of predetermined words/sets). And the hackers just have a algorhythm continuously monitoring a large number of wallets. As soon as an unsuspecting person puts money in an otherwise empty wallet (i.e.: I looked at the wallet and it was empty before I used it), boom, the money will get emptied out.

As time goes on, that dictionary of wallet will grow larger and more complete. This means even if you use a long phrase, chances of that phrase (say, "four scores and seven years ago") will be part of some dictionary. So, I am going to avoid any sentence phrases like that.

I know that this post is nothing new to the experienced btc'er but it is my own experience and I am learning it first hand.

cheers.

https://i.redd.it/b0373rbmrs621.png

submitted by /u/sailboatevanmoser
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1 Bitcoins

Bitcoin News and Search

1 News - 247 News - 247 Bitcoin - 1 Search


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