ShiShi21m's avatar
ShiShi21m shishi@nostrplebs.com 1 year ago
Bitcoin Custody 101: -> Print Bip39 WordList -> Cut into individual pieces -> Mix in bowl/jar -> Select one word at random & write it down -> Put it back, mix it up again, & select another -> Write the second word down under the first word -> Repeat until you have 23 words -> Label them 1-23, the order matters -> Turn on your SeedSigner & get to "Calc 12/24th word" -> Enter each of the 23 words in the order you wrote them down -> Write down the 24th word -> Voila, you have discovered a new Bitcoin wallet 🫡🫂

Replies (7)

ShiShi21m's avatar
ShiShi21m shishi@nostrplebs.com 1 year ago
🚨Always make you test your new Bitcoin wallet by unplugging your SeedSigner & punching in the 24 words.🚨 This ensures that you didn't mess up typing in 1-23 when creating the 24th word.
ShiShi21m's avatar ShiShi21m
Bitcoin Custody 101: -> Print Bip39 WordList -> Cut into individual pieces -> Mix in bowl/jar -> Select one word at random & write it down -> Put it back, mix it up again, & select another -> Write the second word down under the first word -> Repeat until you have 23 words -> Label them 1-23, the order matters -> Turn on your SeedSigner & get to "Calc 12/24th word" -> Enter each of the 23 words in the order you wrote them down -> Write down the 24th word -> Voila, you have discovered a new Bitcoin wallet 🫡🫂
View quoted note →
3 replies ↓
ShiShi21m's avatar
ShiShi21m shishi@nostrplebs.com 1 year ago
Hardware Wallets do not protect your Bitcoins. The hardware doesn't make your Bitcoins safer. The software isnt running overly complicated code. The only thing protecting your Bitcoins is the entropy & randomness generated using the Bip39 standard. Only reason we use Hardware Wallets is to use our Bip39 derived seeds without exposing it to threats easily avoided by never allowing an Internet connected device to touch your seed.
ShiShi21m's avatar ShiShi21m
Bitcoin Custody 101: -> Print Bip39 WordList -> Cut into individual pieces -> Mix in bowl/jar -> Select one word at random & write it down -> Put it back, mix it up again, & select another -> Write the second word down under the first word -> Repeat until you have 23 words -> Label them 1-23, the order matters -> Turn on your SeedSigner & get to "Calc 12/24th word" -> Enter each of the 23 words in the order you wrote them down -> Write down the 24th word -> Voila, you have discovered a new Bitcoin wallet 🫡🫂
View quoted note →
5 replies ↓
EASTSIDE TONY's avatar
EASTSIDE TONY 1 year ago
Bitcoin Custody 101: -> Print Bip39 WordList -> Cut into individual pieces -> Mix in bowl/jar -> Select one word at random & write it down -> Put it back, mix it up again, & select another -> Write the second word down under the first word -> Repeat until you have 23 words -> Label them 1-23, the order matters -> Turn on your SeedSigner & get to "Calc 12/24th word" -> Enter each of the 23 words in the order you wrote them down -> Write down the 24th word -> Voila, you have discovered a new Bitcoin wallet 🫡🫂
ShiShi21m's avatar
ShiShi21m shishi@nostrplebs.com 1 year ago
I never said the hardware wasn't useful, I'm explicitly advocating building a @SeedSigner My point is that HWWs aren't some insane piece of tech that is overly complex & it shouldn't be.
↑