
SLP368 BitcoinQNA - Bitcoin Seed Tool
Stephan Livera Podcast
00:00
Using Entropy to Create a Bit Coin Wallet
The tool aims to show you what's actually going on in the background when you're setting up a bit coin wallet. And so i think it's an interesting tool and a so it'll be good to just talk through a little bit about how that works, how bitcoin wallets work. So we have in bitcoin something called bip 39, which is basely a standard as to how a bit coinwallet gets from that really long, horrible string of letters and numbers That look like absolute, they look like an absolute mess Ito, incode that into either a 12 word seed or a 24 word seed that most people will be fairly liar with.
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