I'm wondering about the security level of a 12-word seed. How strong is it in terms of protecting my crypto assets? Is it reliable enough to keep my funds
SAFE from unauthorized access?
7 answers
ShadowFox
Wed Dec 11 2024
This backup provides 128 bits of entropy, a measure of randomness that is crucial for cryptography.
BusanBeauty
Wed Dec 11 2024
A wallet backup consisting of 12 words offers an impressive level of security.
StormGlider
Tue Dec 10 2024
However, the actual security of the elliptic curve is approximately half of the bits used.
CryptoVisionary
Tue Dec 10 2024
The 128 bits of entropy are ample for safeguarding your private keys.
Riccardo
Tue Dec 10 2024
For the secp256k1 curve, which is used in Bitcoin, this results in a security level of 128 bits.