Author

Topic: I need help learning to use brain wallet... (Read 1629 times)

legendary
Activity: 3710
Merit: 1586
July 30, 2013, 11:04:58 AM
#3
Brainwallets with passphrases that you create are a bad idea. IF you want a brainwallet you should just use electrum and memorize the seed it generates. The seed is just 12 words that are the key to your entire wallet (excluding any imported private keys).
hero member
Activity: 728
Merit: 500
     Hi there,
    I am experimenting trying to learn to use brain wallets. My first experimentation was with brainwallet.org, and I wrote a long passphrase, clicked compress, and then sent .005 BTC to it. Now I am trying to figure it out. I put the passphrase back in brainwallet.org and I can see the private keys.

  I am using multibit as my bitcoin wallet, and I tried to "import private keys" and found out I need a multibit .wallet file to import private keys. I read some instructions on coinbase and they recommended downloading bitcoin-qt. In 40 hours the blockchain downloaded from 89% to 92%, so I am going to go ahead and scratch that possibility.

   Can someone help me learn and easy was to access a brain wallet? I realize this may seem ridiculous to some of you, but even being hardly technologically oriented at all I am still more capable with computers than 90% of the people on the planet, so this process needs to be better documented and accessible to the non-tech oriented people arriving in the bitcoin cosmos.

  Thank you!
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