I'm wondering about the security level of seed phrases. Specifically, I want to know if a 24-word seed phrase provides better security compared to a 12-word one.
7 answers
SamuraiSoul
Fri Dec 13 2024
The security offered by seed phrases is an important aspect of cryptocurrency wallets.
KpopHarmonySoulMateRadiance
Fri Dec 13 2024
A 24-word seed phrase provides 256 bits of entropy, which is significantly higher than a 12-word phrase.
CryptoChieftain
Fri Dec 13 2024
This increase in entropy theoretically doubles the security of the wallet.
Martina
Fri Dec 13 2024
However, it is important to note that the practical security gain is not as substantial as the numbers suggest.
CryptoMaven
Thu Dec 12 2024
This is because the effective security of Bitcoin's elliptic curve cryptography (secp256k1) is limited to 128 bits.