Rocky Palumbo talks Bitcoin brain wallets, passphrase storage, Asicboost, & more!

in #bitcoin5 years ago

Rocky Palumbo is back on the show and he is talking Bitcoin and much more. I have never talked about brain wallets on the show before and Rocky explains what a brain wallet is all about. Hardware Wallets are on back order, a brain wallet could be a great temporary solution to get your Bitcoin out of online exchanges, and hold them safely until your Hardware Wallet arrives. Rocky talks about a great way to store your passphrase and you don't have to worry about someone finding it or hackers hacking it. Only YOU will know what it is.

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very helpful video about it but this is too long but ur work is great to teach us with videos @bitcoinmeister

It is actually very easy to hack manually generated pass phrases for Brain Wallets. Your friend should be aware of that.

However, if used with a set of 12 words randomly generated in combination with a SALT it will be super secure. He can do that by not using but instead.

I have written a detailed guide about how to create a brain wallet.

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