The post Missing words in a seed phrase: How many are recoverable? appeared on BitcoinEthereumNews.com.

Remembering and deliberately missing a few words from a seed phrase backup is not a good idea, as one can hack up to four words. The safety of a seed phrase is paramount to the security of cryptocurrency assets stored on self-custodial wallets as it enables users to access the wallet and prove ownership of funds. Usually consisting of 12 or 24 words, Bitcoin (BTC) seed phrases are believed to be “unhackable,” as brute-forcing the whole seed phrase would require an impossible amount of computational power. While an entire seed phrase cannot be brute-forced, industry analysts and executives say one can still access funds if up to three or four words are missing. Read more Source: https://cointelegraph.com/news/private-key-missing-words-recoverable?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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Filed under: News - @ July 18, 2024 3:26 am