Learn how to build your own Bitcoin multisig vault:
www.bitcoinuniversity.com/cou...
In this video, I discuss whether someone else or a true random number generator could pick the same Bitcoin recovery seed that you have. I conclude that the probability is infinitesimally small, on the order of picking a single atom in the known observable universe.
I also discuss why a 12 word seed is enough, HD wallets, multisig cold storage, and the dangers of seed splitting.
Not investment advice! Consult a financial advisor.
BIP-39 word list:
github.com/bitcoin/bips/blob/...
Online random number generator (for entertainment purposes only):
numbergenerator.org/random-12...
Odds of dying from select causes:
www2.tulane.edu/~sanelson/Nat...
"12 words is enough":
/ 1635218357493563392
ECDSA:
river.com/learn/terms/e/ecdsa/
Schnorr signatures:
river.com/learn/terms/s/schno...
HD wallets:
river.com/learn/terms/h/hd-wa...
Collaborative custody for multisig:
unchained.com/vaults
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#seed
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this KZitem channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
Негізгі бет Could Someone Else Accidentally Pick Your Bitcoin Seed?
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