Ethereum: The uniqueness of the wallet’s passenger – Answer the rookie’s question
As you probably know, the creation and management of your cryptocurrency wallet is an essential step to guarantee your property. Recently, I created a new Ethereum wallet using a mycelium platform. To make sure that my private keys remain safe, I decided to use a unique passphraz as a backup password.
However, when trying to create a Bitcoin wallet in mycelium that matches the same configuration, I was surprised to discover that the cash address and Bitcoin wallet seem to indicate a 11 -words phrase instead of a word that I chose the wallet of mycelium. This is interesting for me, what is happening exactly behind the stage?
Understanding of Passphraz generation
Ethereum Wallets Pasafraisus (also known as the phrase or restoration mnemon) is a unique identifier that allows you to restore your wallet and achieve your funds if necessary. When creating a new bitcoin wallet about Mycelium, the system seems to generate a password using a complex algorithm based on the selected passphraz.
Here is a simplified breakdown of the Passphraze generation process:
- Base32 Coding : The phrase of passes becomes first a base coded chain64.
2.
- Salt and final bag : A random salt value is added at the exit of the bag, followed by another bag surgery.
fold
Now that is where things get interesting. When Mycelium generates a Bitcoin wallet based on Passphraz, it seems that he uses the entire base coded line64 as an direction without specifying any specific word or phrases. This means that if I try to create a new Bitcoin wallet using the original passphraz, it will generate a wallet address different from the one I chose.
verdict
Although it may seem a minor inconvenience, it is very important to understand the effects of this behavior. If you choose your Ethereum wallet, the unique and unprotected step, the mycelium money backup process must create a planned phrase of 12 words recovery (or mnemonic). However, if you use Passphraz again or use an easy -to -guide password, your Bitcoin wallet will be vulnerable to illegal access.
Recommendations
To avoid this problem in the future:
- Choose an Ethereum and unique and unprotected Bitcoin wallet.
- Use a safe password controller to generate and store recovery phrases (or mnemony).
- Consider the use of the authentication of two factors or other additional security measures to protect your digital property.
It can guarantee the long -term safety of your cryptocurrency holdings through these precautions.
