ctually dependent on the previous words. This is another level of error detection built into the mnemonic seed phrase. After that series of random 0’s and 1’s is generated, the software calculates a checksum and combines it with the last 11-bit sequence, which then determines the last word in the list. So if you know the first 11 words, you can figure out the 12th word fairly easy by trial and error (which is how I know “moon moon moon moon moon moon moon moon moon moon moon tomorrow” is not a valid seed phrase but “moon moon moon moon moon moon moon moon moon moon moon able” is).
6. The same seed phrase will produce a different wallet on different blockchains. This is because a subsequent proposal, known as BIP-44, adopted in 2014, added an additional field to the seed value which identifies the coin type. This was done so that there would not be a case where the same public/private key pair existed on multiple blockchains if the user used the same word list to generate, say, separate bitcoin and ethereum wallets. Since you usually use a wallet which is designed for a particular blockchain (e.g. metamask, which supports Ethereum, or Yoroi for Cardano) you aren’t aware of the addition of that key value; the software just does it for you. Related to that flaw in BIP39 pointed out in #4 above, this enhancement is related to what are called derivation paths. Which is why technically, your seed phrase is not enough to recover your wallet. To emphasize this point again, for long term archiving of your seed phrase, be sure to also record what software produced it and for what coin you created the keys.
7. Some blockchains use more than 12 words. Algorand and Monero, for example, use 25 words (the last word includes the checksum similarly to the 12 word version). This is to increase the length of the public key/private key pair to 256/512 bits, respectively. Cardano supports either 15 or 24 word mnemonic phrases. (No, I don't actually know why they chose 15, I guess just to be weird)
8. There are 5,444,517,870,735,020,000,000,000,000,000,000,000,000 possible 12-word seed phrases. To put that in perspective, there are approximately 7,500,000,000,000,000,000 grains of sand on the earth. So you would have a much (much!) greater chance of selecting a single specific grain of sand from somewhere on the earth than guessing someone’s 12 word seed phrase. And for 24 words? Just don’t think about it. For fun, visit https://keys.lol/ and spin the wheel.

Try not to let your brain explode with all this new information, cryptofriends!

If there is one TLDR here, it's this: when you record your seed phrase, also record information about the software that produced the keys with it.

submitted by /u/mjrice to r/CryptoCurrency
[link] [comments]
Url: https://www.reddit.com/r/CryptoCurrency/comments/p9fcui/8_fun_facts_about_your_seed_phrase_you_might_not/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Beware of giveaways. This person lost 220,000 ADA because of greed
Content: Link here.

The guy blames it on his hectic day, but in reality that had little to do with it. He got scammed because he was greedy—wanting his 220,000 ADA to become 440,000 ADA for nothing.

submitted by /u/coldfusion718 to r/cardano
[link] [comments]
Url: https://www.reddit.com/r/cardano/comments/p9ep4i/beware_of_giveaways_this_person_lost_220000_ada/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

How does Sunday Morning make you feel?
Content: https://preview.redd.it/yllpxvktlxi71.jpg?width=640&crop=smart&auto=webp&s=481742d4eef42009d73233091aa18b6708b9efac submitted by /u/Leading-Astronaut420 to r/dogecoin
[link] [comments]
Url: https://www.reddit.com/r/dogecoin/comments/p9eyug/how_does_sunday_morning_make_you_feel/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

I hope it is OK to post this here and it has not been posted before
Content: https://preview.redd.it/859mwpq26yi71.jpg?width=640&crop=smart&auto=webp&s=2649aef79a4a37b2af55c44bc371bd82ef1ee809 submitted by /u/goofgroot to r/dogecoin
[link] [comments]
Url: https://www.reddit.com/r/dogecoin/comments/p9h533/i_hope_it_is_ok_to_post_this_here_and_it_has_not/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

Why I'm telling everyone that Goji is better than Bitcoin (4 minute read)
Content: https://external-preview.redd.it/sIPb2055wW1BChlwPVjW1RQIlAjQivxAsZTZIwdyfD8.jpg?width=640&crop=smart&auto=webp&s=b03bf273d40d235ff7cd948b519f6bff6a3148fa submitted by /u/GJenkins4 to r/CryptoCurrencies
[link] [comments]
Url: https://www.reddit.com/r/CryptoCurrencies/comments/p9k5tl/why_im_telling_everyone_that_goji_is_better_than/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

Tyga Deletes OnlyFans Account, Plans to Launch Competitor Platform Myystar Myystar will only be taking 10 percent of creators’ earnings, a steep difference from OnlyFans’ 20 percent fee. “Creators will have the ability to sell NFTs on the Ethereum blockchain, as well as boasting features relevant to
Content: https://external-preview.redd.it/IMnBifLmWL8C6KnRQmjeTsqC-Y5iwJiZCSeCZpE5XnM.jpg?width=640&crop=smart&auto=webp&s=74ef95ce683013a4863c9a33dda32ca07ea9e535 submitted by /u/zippyteach to r/CryptoCurrency
[link] [comments]
Url: https://www.reddit.com/r/CryptoCurrency/comments/p9f4r4/tyga_deletes_onlyfans_account_plans_to_launch/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

LTC Coinbase Delay
Content: Hello first time depositing into Coinbase and I have send 130$ LTC to it, the transaction is completed after 6+ Confirmations but it still not shows up in the balance, anyone having issues too with Coinbase?

submitted by /u/Individual-Meaning99 to r/litecoin
[link] [comments]
Url: https://www.reddit.com/r/litecoin/comments/p9kiq2/ltc_coinbase_delay/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

20 118 Bitcoin Cash have so far been locked in to SmartBCH.
Content: submitted by /u/i_have_chosen_a_name to r/btc
[link] [comments]
Url: https://www.reddit.com/r/btc/comments/p9j4ke/20_118_bitcoin_cash_have_so_far_been_locked_in_to/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Bitcoin Cash for Everyone: BCH Mass Adoption & 2030 Prediction
Content: In this video I talk about a couple of new users I onboarded onto the Bitcoin Cash network and upcoming plans for BCH Mass adoption.

https://youtu.be/GQXMpTd3KIc

submitted by /u/BCHforEveryoneCC to r/Bitcoincash
[link] [comments]
Url: https://www.reddit.com/r/Bitcoincash/comments/p9i0o4/bitcoin_cash_for_everyone_bch_mass_adoption_2030/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

Meme: Cardano by 2030
Content: https://preview.redd.it/6ma2y4l43zi71.jpg?width=640&crop=smart&auto=webp&s=949db29fc4e55f886f4d8fd440223206f2839438 submitted by /u/HouweTrouwe to r/cardano
[link] [comments]
Url: https://www.reddit.com/r/cardano/comments/p9kqvm/meme_cardano_by_2030/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico