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93 sats \ 3 replies \ @Kruw 3 Aug -125 sats \ parent \ on: Dear podcasters & influencers bitcoin

24 word seeds don't provide extra security over 12 word seeds. No one should use them.

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95 sats \ 2 replies \ @kepford 3 Aug

Oh really? That's news to me. I have heard people say it is unnecessary but not that it doesn't provide extra security. Why is that? That sounds like an over-generalization.

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71 sats \ 1 reply \ @Kruw 3 Aug

As far as I know, the maximum effective entropy of a Bitcoin private key reduces to 128 bits, regardless of how many bits you use for creating the master secret: https://foundation.xyz/blog/make-12-words-the-standard

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6 sats \ 0 replies \ @028559d218 3 Aug

I think the idea is that users who roll more dice, or are inclined to have "more" entropy rather than less, are better off with 24. Yes both 12 and 24 reduce to 128 bit but 24 provides a stronger checksum and better opportunity to capture randomness from physical entropy. Just IMO

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