What cryptography magic makes mnemonic seed words work? How is randomness generated? Can seed words be imported into more than one wallet?
More on wallets and mnemonic code words - github.com/bitcoinbook/bitcoi...
BIP39 - Mnemonic code for generating deterministic keys github.com/bitcoin/bips/blob/...
BIP32 - Hierarchical deterministic wallets github.com/bitcoin/bips/blob/...
Chapters
0:00 How do mnemonic seed words work? It looks like magic to me
0:49 They are basically a number, but that number is represented by words, almost like a lookup table
2:37 Stretching
3:39 Hierarchical deterministic wallets
4:38 The words in the mnemonic phrase are not selected by you; the words are produced from a 128 or 256 bit random number. When we say "random," what does that mean? Does that mean true random?
These questions are from the MOOC 9.4 session which took place on March 9th, 2018. Andreas is a teaching fellow with the University of Nicosia. The first course in their Master of Science in Digital Currency degree, DFIN-511: Introduction to Digital Currencies, is offered for free as an open enrollment MOOC course to anyone interested in learning about the fundamental principles.
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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.
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