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Sami balta

The Bitcoin Brain Wallet

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I understand by what you are saying that it can work as a cold wallet? It sounds interesting, the detail is that I also understand that the only security system is the security key or long key that is created at the beginning, unfortunate for those who forget it.

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Thanks for the information, I will try to see how it works and store some cryptocurrencies to see if it is reliable. As you say, it should be a good wallet. thanks.

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Hardware wallets are usually the most secure, but you should only buy one as compared to other wallet you can download. The best function of a hardware wallet is to execute the yobit

I have never heard of Brain Wallet. So thank you for sharing the information with us. I've heard about many wallets. Coinbase wallet, wallet of faith, electrum, ether wallet, blockchain wallet

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I understand your recommendation about not keeping all your BTC funds in one wallet, also many recommend entering the security key in a wallet but disconnecting from the network I always listen to this recommendation and I think I will put it into practice.

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Very good option but if it is difficult to memorize 10 digits of phone number haha to retain all the chain of blocks would be a challenge and keep it for a long time

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This is the first time that i Hear about this wallet it is safe and secure? I read your post and sounds a good alternative but I don't know why it is not promoted or more knowed in my region.

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On 1/28/2020 at 10:26 AM, Mahfuzur50 said:

Bitcoin brain wallet is one of the best successful wallet. This wallet is very safe and secure.

The bitcoin brain wallet is not a good way of using wallet, the best is to use HD wallet to generate the private key and be stored in form of seed phrase. Seed phrase is better because it consist is only 12 to 24 words rather than alphabet and numbers that are not easy to write down. 

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1 hour ago, Yomose said:

The bitcoin brain wallet is not a good way of using wallet, the best is to use HD wallet to generate the private key and be stored in form of seed phrase. Seed phrase is better because it consist is only 12 to 24 words rather than alphabet and numbers that are not easy to write down. 

I think I support your idea, you will be right because private key will be not easy to memorize, if memorized today, that does not mean the person will not forget it tomorrow. I too do not support this. 

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On 1/27/2020 at 4:11 PM, Sami balta said:

Using the brain wallet to store bitcoins is a unique and somewhat mind-blowing technique. In this method, you store bitcoins entirely in your brain by memorizing your private key. We should note in advance that this storage method is impractical in several respects and recommended only for Bitcoin/cryptography experts. Because nothing tangible exists to steal or seize, you can use this method to store your bitcoins when you don’t have control over your physical environment (e.g., living in a dorm room, crossing through security checkpoints, etc.). However, you must create a long, unforgettable passphrase that you can commit to memory, especially if you will be storing large amounts of bitcoins. Then you feed the passphrase into a computer program (running on an offline computer) that accepts any text as input and outputs a private key and Bitcoin address. In the following example, the passphrase is short and easy to guess, so your stored bitcoins would be at risk.

I agree with you my friend but we have to consider it's negative effect too such if the seed is not recorded anywhere, as we know that the Bitcoins can be thought of as being held only in the mind of the owner. If a brainwallet is forgotten or the person dies or is permanently incapacitated, the Bitcoins are lost forever.

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Brain wallet is like saving the access details of a wallet inside the brain, while brain is not perfect at all in a way someone can easily forgotten the access details. I can not use this type of wallet. 

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I don't think that he is so cool in secure as typical blockchain or coinomi, so, by my opinion, i will continue using TRUSTED wallets, not new ones.

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I thank brain wallet refers to the concept of storing Bitcoins in one's own mind by memorizing a seed phrase. To create a brain wallet, use Bit

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I am new here so i don't know anything about this question so i am waiting my senior's response to this topic so that i may gain proper knowledge about this question

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Yeah this wallet is very good wallet.It special for bitcoin, this wallet stored bitcoin in different way and this has also privet key for security protect.But i think many people doesn't know about this wallet that's i thanks to you for sharing a important information about bitcoin brain wallet.

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16 hours ago, MoyenAli said:

Yeah this wallet is very good wallet.It special for bitcoin, this wallet stored bitcoin in different way and this has also privet key for security protect.But i think many people doesn't know about this wallet that's i thanks to you for sharing a important information about bitcoin brain wallet.

I will not recommend brain wallet, do you know what brain wallet is? You will not even generate the private key using the hd means new wallet are using to generate the wallet. And that aside, you will need to have the private key off hand not written anywhere, do not forget humans can forget anything. If the private key is forgotten, that is how the coins stored on it is lost. 

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Hi friends, Bitcoin wallet is very good for us. It is bought and sold in the market. It is very good. It is very easy to use. It can be used without thinking about it.

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A brain wallet refers to storing the bitcoins in one's own mind by memorizing a seed phrase. If the seed is not recorded anywhere.the Bitcoin can be thought of being held only in the mind of owner.

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A  brain wallet is a form of Bitcoin wallet which normally involve no physical and digital record of it's passphrase at all.Instead user creat a passphrase which is easy to recall but is difficult to crack.

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I think bitcoin wallet is the best wallet. It is safe and secure wallet. It's security is very high and it's transection fee is very low. It is very trusted wallet. You can easily withdraw from this wallet. I like this wallet and I suggest you to use it.

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A brainwallet refers to the concept of storing Bitcoins in one's own mind by memorizing a seed phrase. If the seed is not recorded anywhere, the Bitcoins can be thought of as being held only in the mind of the owner. If a brainwallet is forgotten or the person dies or is permanently incapacitated, the Bitcoins are lost forever. 

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Using the brain wallet to store bitcoin is a unique and somewhat mind blowing technique. It is very prestigious. It is safe and secure. From this, you store bitcoins entirely in your brain by memorizing. 

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