Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Cracking Unsafe Bitcoin Wallets + Coldcard Mk4 Warning (Insecure Dice Based Seeds & Private Keys). That video is uploaded by Crypto Guide at 2023-10-31T08:51:16-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [oj_W3xOlt6U]
| Name | Cracking Unsafe Bitcoin Wallets + Coldcard Mk4 Warning (Insecure Dice Based Seeds & Private Keys) |
| Video Uploader | Video From Crypto Guide |
| Upload Date | This Video Uploaded At 31-10-2023 15:51:16 |
| Video Discription | A short video that looks at unsafe Bitcoin wallets that were likely created using low numbers of dicerolls leading to poor wallet BIP39 seed security, making it easy for scammers to access the private keys. I also look at how many folk lost funds doing this and which hardware/software could have been used to create these insecure wallets in the first place. It also include a demo of how this can still happen with Coldcard Mk4, even running the latest firmware. 00:00 - Introduction 01:04 - Your Wallet Existed before you Created It 01:12 - About the tool used for cracking wallets (Modified BTCRecover) 01:29 - Which types of wallets were checked 02:09 - What I found 03:20 - The Dilemma of finding wallets with funds... 03:35 - Understanding the Importance of Entropy 03:51 - Ongoing risk for low numbers of dice rolls 04:52 - Checking Wallet Safety (Seedsigner, Krux, Jade, Bitbox02 & Ian Coleman's BIP39 tool) 05:15 - Coldcard Mk4 Issues & Warning 06:33 - Increased risk associated with wallets letting users choose their own seed words 06:54 - Important disclaimer in terms of identifying how these wallets were generated 07:04 - Alternatives 08:18 - Summary and Conclusion oj_W3xOlt6U |
| Category | Science & Technology |
| Tags | security | bitcoin | cryptocurrency | crypto | coldcard | mk4 | coldcard mk4 | firmware | dice | entropy | btc | wallet | hardware | hardware wallet | krux | seedsigner | bitbox02 | jade | bip39 | private keys | hacking | cracking | recovery phrase | seed phrase |
