Are you able to please assist enhance my considering on any of the under?
A crypto (e.g. bitcoin) personal secret’s a 256-bit quantity (a sequence of 256 digits which can be all 0 or 1).
Personal keys are often derived (by way of 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 guide fairly inflict future spare veteran voice biology downside 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 establishing a seed phrase, every phrase provides 11 bits of entropy to the phrase, guaranteeing {that a} 24-word seed phrase incorporates 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’re, regardless of which borders you stroll throughout, and regardless of which firms are dominant on the earth, you may have management of property simply by way of your data of your personal key.
Most individuals (aside from these leaving their crypto on an trade that holds their personal keys for them) use a {hardware} gadget like Ledger to handle their personal key(s), and for comfort they’ll entry it with only a quick memorizable PIN.
But when the {hardware} gadget will get misplaced or destroyed, that PIN is ineffective. The one approach to “recuperate” your belongings is by way of the personal key (or a model of it, such because the 24-word seed phrase).
So individuals attempt to discover methods to again up that seed phrase, corresponding 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) individuals wish to memorize their seed phrase and have NO bodily or digital proof of it wherever.
I by no means hear about anybody making an attempt to memorize their ordered 24-word phrase.
It will be like making an attempt 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 forms of phrases (nouns, verbs, adjectives, and many others).
It will in all probability require the talents of a world-record-holding memorization knowledgeable.
Speculation:
We might 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 (primarily based 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 to this point is to consider your listing of 10 as items that you simply’re giving to 10 individuals.
The 5 phrase components are:
- amount
- coloration
- merchandise
- nationality of the recipient
- career of the recipient
Your “seed phrase” would then be very visible.
A instrument would create 10 labeled pictures for you.
The partial proof of idea under just isn’t what it will truly seem 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 footage.
And most of us received’t even hassle making an attempt.
However I’m wondering if some individuals would possibly actually recognize this.
To get sufficient entropy, there are:
- 10 phrases
- 40 colours (the most well-liked 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 individuals suppose this could possibly 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 (somewhat than generated randomly with excessive entropy), this isn’t that.
