Topic: Generating Private Keys that you can remeber (Read 222 times)

I don't believe in the effectiveness of this encryption. Many users for security purposes, do not keep all your coins in one wallet. To do this, open several accounts. How to remember passwords to multiple wallets. Still need somewhere to write down their passwords. The more complex the recording the safer the password.

i never knew this, i am going to read that. thanks friend

but as far i know it works for me, every time no issues

maybe that why i told to not use dictionary words

addon is open source and i tested it works fine

creating a brainwallet like that is stupid, many a brain wallets have been stolen this way, there are scripts people run to find weak brainwallets to crack, DO NOT DO IT.

I'm not a cryptographer but I'm almost sure that wallets don't simply accept SHA-256 while importing private keys. See here[1][2].

[1] https://en.bitcoin.it/wiki/Wallet_import_format
[2] https://en.bitcoin.it/wiki/Elliptic_Curve_Digital_Signature_Algorithm

Brainwallet were also proven to not be good as most of people are unable to make a hard password and remember it.

Both of this statements are a bit false and misleading.
First you should not store your coins in an online wallet and if you store them in your private wallet the privkey issue is irrelevant.
Again for the second, that is the same for all privkey no matter how they are generated.

Now, your method is basically creating a brainwallet.
https://en.bitcoin.it/wiki/Brainwallet
Unless you know what you're doing I would advise against it.
And certainly not doing this with an add-on that might record what you typed.

hey guys i am willing to share a method i use to have bitcoin address without remembering the private key or bitcoin address !


benefits
1> no need to remember 12 24 words combo
2> no need to remember the private key
3> no software & no bullshit
4> your mind is key
5> access bitcoin anywhere, any situation



STEPS
1> Google > online sha 256 generator
Chrome Extension i use
https://chrome.google.com/webstore/detail/hasher/kignjplbjlocolcfldfhbonmbblpfbjb

2> put in any word that you can remember, make sure you try to make it complex and don't use any dictionary
good examples are - b!T20iNf2CK
you can use a mix of all charaters

3> you will get the hash of that word, well use that as your private key it will have one address with it.
import that to various wallets

4> if you want more, repeat step 2 with input as hash you got from step 3. ( you can do it few times and rember that )




EXAMPLE KEY GENERATED :
keyword - bitcoinfuck
478e551c9eacedbe5d7ad198df623321bb7b7592db5a094319cb9aed18580b78


this is only a method i suggest you all, i recommend you to distribute your coins between 2-3 keys for additional safety.
just a method, don't hate on this, i been keeping my coin like this for over 3 years now, without a single issue, my coins were safe even when most of online wallets went down.
keeping the private key makes you immune to various future updates and changes, a private key will always be base of bitcoins.

any suggestions on improving this are welcomed