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521 sats \ 5 replies \ @megaptera 11 Feb \ on: Exposing seed phrase question bitcoin
Yes it does.
Take care if you do this. This can easy lead to a "shoot yourself" situation as you probably don't know what you did in a few years.
Do not over complicate your setup and do not use obfuscation for security!
At least it does buy you some time?? Given that the hacker doesn’t know any info except seed words?
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If they only had the seed and nothing else, it might buy some time. But if they also have access to a watch-only wallet, then they can see your derivation path, which is usually not sensitive information.
You are better off using a passphrase instead.
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You are better off using a passphrase instead.
exactly
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It can but its not secure and it could lead to loss of funds because your self not remembering your setup. And if you write it down somewhere the "hacker" can find it and exploit it.
I think there are better ways to secure a wallet. (passphrase or multisig)
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you're talking about only minutes of time bought in this situation though... it's a matter of iterating over the Accounts, deriving a few addresses and looking for UTXOs not challenge.
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