Are you able to please assist enhance my pondering on any of the beneath?
A crypto (e.g. bitcoin) personal secret’s a 256-bit quantity (a collection of 256 digits which are all 0 or 1).
Non-public keys are often derived (through 1-way hash) from a randomly-generated 24-word Bitcoin BIP39 Mnemonic Seed Phrase (which is human readable).
Pattern seed phrase:
decade lobster engine jar matter life discussion board rule push keep slab handbook fairly inflict future spare veteran voice biology drawback glass derive bind allow
The phrases all come from this listing of two,048 phrases:
https://github.com/bitcoin/bips/blob/grasp/bip-0039/english.txt
Utilizing the two,048 glossary of BIP-39, when developing a seed phrase, every phrase provides 11 bits of entropy to the phrase, guaranteeing {that a} 24-word seed phrase comprises sufficient bits (264 bits) to securely encode a 256-bit personal key together with an 8-bit checksum.
One of many cool options of crypto is that wherever you might be, regardless of which borders you stroll throughout, and regardless of which firms are dominant on the earth, you’ve management of property simply through your information of your personal key.
Most individuals (aside from these leaving their crypto on an change that holds their personal keys for them) use a {hardware} machine like Ledger to handle their personal key(s), and for comfort they’ll entry it with only a brief memorizable PIN.
But when the {hardware} machine will get misplaced or destroyed, that PIN is ineffective. The one approach to “get better” your belongings is through the personal key (or a model of it, such because the 24-word seed phrase).
So folks attempt to discover methods to again up that seed phrase, equivalent to utilizing https://cryptosteel.com/ after which burying it someplace personal or placing it in a secure deposit field.
However I think about that some (comparatively few, although) folks need to memorize their seed phrase and have NO bodily or digital proof of it anyplace.
I by no means hear about anybody making an attempt to memorize their ordered 24-word phrase.
It might be like attempting to memorize 24 2-word pairs, because you’re actually memorizing phrases plus their positions within the listing.
Very tough to do when the phrases come randomly from an enormous listing of all kinds of phrases (nouns, verbs, adjectives, and so forth).
It might most likely require the abilities of a world-record-holding memorization professional.
Speculation:
We may generate a extra memorable seed phrase if as an alternative of 24 2-word pairs we use 10 5-word phrases, so long as these phrases are extra visually and viscerally memorable (based mostly on some story you can also make up for your self).
Impressed by https://genius.com/Christmas-songs-the-twelve-days-of-christmas-lyrics which is 12 3-word phrases (e.g. “5” “golden” “rings”, “4” “calling” “birds”, “3” “French” “hens”).
The method I’ve provide you with up to now is to think about your listing of 10 as items that you just’re giving to 10 folks.
The 5 phrase components are:
- amount
- colour
- merchandise
- nationality of the recipient
- career of the recipient
Your “seed phrase” would then be very visible.
A software would create 10 labeled pictures for you.
The partial proof of idea beneath is just not what it could really appear like.
The 4th picture within the following instance would comprise 4 brass-colored icons of a drill, the Brazilian flag, and the icon for a coach.
It’s nonetheless formidable to memorize 10 5-word phrases, even with photos.
And most of us gained’t even hassle attempting.
However I’m wondering if some folks would possibly actually recognize this.
To get sufficient entropy, there are:
- 10 phrases
- 40 colours (the preferred ones)
- 400+ objects
- 137 nations (ones with highest GDP)
- 40 professions
Please let me know if there are any issues (safety or in any other case) with my method.
If folks assume this might be helpful, I can end constructing out what I’ve began and share it.
P.S. If “mind pockets” is outlined as a seed phrase that was determined by a human (quite than generated randomly with excessive entropy), this isn’t that.
