James MacWhyte [ARCHIVE] on Nostr: 📅 Original date posted:2019-03-05 📝 Original message:On Tue, Mar 5, 2019 at ...
📅 Original date posted:2019-03-05
📝 Original message:On Tue, Mar 5, 2019 at 4:39 PM Trey Del Bonis via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> Keeping 20 around is a little excessive but it gives 390700800 possible
> wallets. So security can be trivially parameterized based on how secure you
> want your wallet to be if someone finds your stash.
>
Mid-level hardware can check 50k addresses per second, which means it would
only take around 2 hours to check all possibilities. So please don't think
this presents any kind of challenge to someone who finds your 20 pieces of
paper and assumes you would only keep them if they are hiding your wallet ;)
Entropy-wise, simply using a strong RNG would provide a better result than
relying on the printing company. Maybe they only print 35 different
combinations and assume people don't eat Chinese food enough to notice?
If it's poor entropy and doesn't really provide any protection against
being brute forced if found, I'm not sure why you would want to go
this route :)
James
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Published at
2023-06-07 18:16:39Event JSON
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"content": "📅 Original date posted:2019-03-05\n📝 Original message:On Tue, Mar 5, 2019 at 4:39 PM Trey Del Bonis via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e Keeping 20 around is a little excessive but it gives 390700800 possible\n\u003e wallets. So security can be trivially parameterized based on how secure you\n\u003e want your wallet to be if someone finds your stash.\n\u003e\n\nMid-level hardware can check 50k addresses per second, which means it would\nonly take around 2 hours to check all possibilities. So please don't think\nthis presents any kind of challenge to someone who finds your 20 pieces of\npaper and assumes you would only keep them if they are hiding your wallet ;)\n\nEntropy-wise, simply using a strong RNG would provide a better result than\nrelying on the printing company. Maybe they only print 35 different\ncombinations and assume people don't eat Chinese food enough to notice?\n\nIf it's poor entropy and doesn't really provide any protection against\nbeing brute forced if found, I'm not sure why you would want to go\nthis route :)\n\nJames\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20190305/e39b7baf/attachment.html\u003e",
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