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2023-03-25 21:36:34

BitPLATES - Bitcoin Backup on Nostr: Why split Bitcoin backup 24 seed words into two parts (words 1-12 + 13-24), & store ...

Why split Bitcoin backup 24 seed words into two parts (words 1-12 + 13-24), & store in separate locations?

This eliminates the risk of catastrophic loss that could occur if all 24 words are kept together.

24 seed words = 256-bit security
12 seed words = 128-bit security

or...

Using seed words + passphrase, offers superior two-factor security than just splitting seed words.

The advantage is that each separated part can also open valid Bitcoin wallets (with a few sacrificial sats), hiding the very existence of hidden wallets.

https://www.bitplates.com/bip39-passphrase
Author Public Key
npub1daz0tuv5zp3z5ycg0vl9eqnwv9cxzypankhlx8qfk0mvrhx7402sk7zh3w