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Satoshi Nakamoto

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Satoshi Nakamoto
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Manual production and storage of cold wallet mnemonic wordsThe previous article introduced how to use the method of throwing dice to manually create a set of mnemonic words that are truly random enough to prevent the potential pseudo-random security risks of software and hardware wallet mnemonic words. Suddenly I had an idea, is it possible to create a wallet that even if the backup is accidentally lost, we can use our own unique mnemonic generation method to restore our wallet? Of course, the premise of all this is that the mnemonic phrase generation is still sufficiently random. The first random number that comes to mind is the infinite non-cyclic number, 3.14159... For example, 1. Take a certain number from it, starting from a certain digit, we take 48 numbers, four digits as a group. For example, when I started copying coins in 2018, I would start from 2018, or whatever age I am. This is a strong connection with myself. On the one hand, it is random enough, and it is also convenient for recovery in extreme situations. 2. Then take the last 12 digits of the ID card. Because the former is far from random enough, we can add a group of numbers that are strongly related to ourselves. This is also to facilitate the extreme situation of losing the backup of the mnemonic phrase. As long as we have the only You can use your memory to restore the wallet by just remembering the mnemonic phrase generation path. For example, an ID card number has 18 digits. The first six digits are the same for people in the same place. You can take the last 12 digits and add each number to twelve groups of four digits. 3. Process these twelve groups of numbers. Because BIP39 words have a total of 2048 digits, we subtract 2048 or multiples of 2048 from the numbers greater than 2048 in the twelve groups of numbers until each group of numbers is less than 2048. 4. According to the mnemonic database on github, search the URL on Baidu and find twelve corresponding words. 5. Because the twelfth digit of the mnemonic word is special, it is a check digit and cannot be used directly. You can start from the sorted words and use an offline wallet to try to verify the words one by one in order, usually about ten times. It seems troublesome, but in fact, the matching check digit word can be found quickly, no more than thirty times at most. 6. The next step is to keep the mnemonic phrase. Mnemonic phrases can be fragmented to prevent theft. Of course, it is safe enough to put it directly in a safe at home. Surveillance cameras are everywhere these days. There are very few cases of thieves breaking into homes and stealing safes, let alone a thief who understands mnemonic phrases. .Furthermore, to prevent force majeure, such as fires, floods, and earthquakes, you can use King Kong mnemonic boards, which are waterproof, fireproof, and anti-corrosion. You can buy them on Taobao. Attached:

Manual production and storage of cold wallet mnemonic words

The previous article introduced how to use the method of throwing dice to manually create a set of mnemonic words that are truly random enough to prevent the potential pseudo-random security risks of software and hardware wallet mnemonic words. Suddenly I had an idea, is it possible to create a wallet that even if the backup is accidentally lost, we can use our own unique mnemonic generation method to restore our wallet? Of course, the premise of all this is that the mnemonic phrase generation is still sufficiently random. The first random number that comes to mind is the infinite non-cyclic number, 3.14159... For example, 1. Take a certain number from it, starting from a certain digit, we take 48 numbers, four digits as a group. For example, when I started copying coins in 2018, I would start from 2018, or whatever age I am. This is a strong connection with myself. On the one hand, it is random enough, and it is also convenient for recovery in extreme situations. 2. Then take the last 12 digits of the ID card. Because the former is far from random enough, we can add a group of numbers that are strongly related to ourselves. This is also to facilitate the extreme situation of losing the backup of the mnemonic phrase. As long as we have the only You can use your memory to restore the wallet by just remembering the mnemonic phrase generation path. For example, an ID card number has 18 digits. The first six digits are the same for people in the same place. You can take the last 12 digits and add each number to twelve groups of four digits. 3. Process these twelve groups of numbers. Because BIP39 words have a total of 2048 digits, we subtract 2048 or multiples of 2048 from the numbers greater than 2048 in the twelve groups of numbers until each group of numbers is less than 2048. 4. According to the mnemonic database on github, search the URL on Baidu and find twelve corresponding words. 5. Because the twelfth digit of the mnemonic word is special, it is a check digit and cannot be used directly. You can start from the sorted words and use an offline wallet to try to verify the words one by one in order, usually about ten times. It seems troublesome, but in fact, the matching check digit word can be found quickly, no more than thirty times at most. 6. The next step is to keep the mnemonic phrase. Mnemonic phrases can be fragmented to prevent theft. Of course, it is safe enough to put it directly in a safe at home. Surveillance cameras are everywhere these days. There are very few cases of thieves breaking into homes and stealing safes, let alone a thief who understands mnemonic phrases. .Furthermore, to prevent force majeure, such as fires, floods, and earthquakes, you can use King Kong mnemonic boards, which are waterproof, fireproof, and anti-corrosion. You can buy them on Taobao. Attached:
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About the production of personal cold wallet As a crypto enthusiast, you should always remember "not your keys, not your coins" and it is important to know how to make a cold wallet yourself. 1. First prepare a formatted old mobile phone, Apple mobile phone is recommended. 2. Download an open source software wallet from the official address. (If you only want to store Bitcoin, I recommend BitTorch Wallet. If you have multiple currency needs, you can choose Trust, which is an open source wallet acquired by Binance. I have always used Huobi Wallet, a non-open source wallet, and think this This wallet is backed by Huobi and has the credit endorsement of Huobi. There should be no backdoors. The fact is that it was exposed some time ago that the Huobi wallet opener secretly left a backdoor, so non-open source wallets must be cautious. 3. Generate mnemonics offline. (The key to a cold wallet is that the private key/mnemonic phrase does not touch the Internet. The purpose of choosing an open source wallet to generate the mnemonic phrase is to ensure true randomness. If it is a non-open source wallet, there may be pseudo-randomness that limits the mnemonic phrase library to a certain small range. It can be cracked through brute force, and there are security risks. If you can't even trust the mnemonic phrase generated by the open source wallet, you can manually generate a random mnemonic phrase by rolling dice. For the specific implementation method, please refer to my other articles for detailed steps. 4. Back up and verify mnemonic phrases. (Make a note of the mnemonic phrase, delete the wallet, re-enter the mnemonic phrase, and verify that the addresses are consistent. As for the storage of the mnemonic phrase, I will write an article specifically to introduce it. 5. To monitor the wallet, use a commonly used mobile phone to download a hot wallet and enter the wallet address. TP wallet, imtoken, SafePal, etc. are recommended. 6. Cold wallet transfer. (For example, Bitether Wallet supports the production of cold wallets. Two mobile phones download Bitether wallets respectively. The hot wallet performs transfer operations. The cold wallet uses a QR code to sign and authorize. For open source wallets that do not support cold wallet production, transfer money out. , temporarily connect to the Internet, and clear the wallet once. This is suitable for currency hoarders and people who do not often operate. Frequently traded assets can be placed in hardware wallets, or dispersed on leading exchanges such as Binance and Oui)
About the production of personal cold wallet
As a crypto enthusiast, you should always remember "not your keys, not your coins" and it is important to know how to make a cold wallet yourself.
1. First prepare a formatted old mobile phone, Apple mobile phone is recommended.
2. Download an open source software wallet from the official address. (If you only want to store Bitcoin, I recommend BitTorch Wallet. If you have multiple currency needs, you can choose Trust, which is an open source wallet acquired by Binance. I have always used Huobi Wallet, a non-open source wallet, and think this This wallet is backed by Huobi and has the credit endorsement of Huobi. There should be no backdoors. The fact is that it was exposed some time ago that the Huobi wallet opener secretly left a backdoor, so non-open source wallets must be cautious.
3. Generate mnemonics offline. (The key to a cold wallet is that the private key/mnemonic phrase does not touch the Internet. The purpose of choosing an open source wallet to generate the mnemonic phrase is to ensure true randomness. If it is a non-open source wallet, there may be pseudo-randomness that limits the mnemonic phrase library to a certain small range. It can be cracked through brute force, and there are security risks. If you can't even trust the mnemonic phrase generated by the open source wallet, you can manually generate a random mnemonic phrase by rolling dice. For the specific implementation method, please refer to my other articles for detailed steps.
4. Back up and verify mnemonic phrases. (Make a note of the mnemonic phrase, delete the wallet, re-enter the mnemonic phrase, and verify that the addresses are consistent. As for the storage of the mnemonic phrase, I will write an article specifically to introduce it.
5. To monitor the wallet, use a commonly used mobile phone to download a hot wallet and enter the wallet address. TP wallet, imtoken, SafePal, etc. are recommended.
6. Cold wallet transfer. (For example, Bitether Wallet supports the production of cold wallets. Two mobile phones download Bitether wallets respectively. The hot wallet performs transfer operations. The cold wallet uses a QR code to sign and authorize. For open source wallets that do not support cold wallet production, transfer money out. , temporarily connect to the Internet, and clear the wallet once. This is suitable for currency hoarders and people who do not often operate. Frequently traded assets can be placed in hardware wallets, or dispersed on leading exchanges such as Binance and Oui)
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This round of counterfeit goods is truly despairing; just when there was a bit of hope, it was extinguished.
This round of counterfeit goods is truly despairing; just when there was a bit of hope, it was extinguished.
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This round of investment has returned, but the profits have not yet gone back.
This round of investment has returned, but the profits have not yet gone back.
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BG issues a public relations soft article plan to compensate users 😂, I've seen shamelessness, but I've never seen such a shameless exchange. They engage in market-making themselves, and when a bug is exposed, they end up blaming retail investors who took advantage of the situation for alleged market manipulation. It's one thing to gain unjust profits, but to twist it like this is just ridiculous, isn't it obvious who is manipulating the market? 😂😂
BG issues a public relations soft article plan to compensate users 😂, I've seen shamelessness, but I've never seen such a shameless exchange. They engage in market-making themselves, and when a bug is exposed, they end up blaming retail investors who took advantage of the situation for alleged market manipulation. It's one thing to gain unjust profits, but to twist it like this is just ridiculous, isn't it obvious who is manipulating the market? 😂😂
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Liangxi contract account, made over a million dollars at night, but now it has retraced to 380,000 dollars. The Ethereum long position is still holding on, indeed it's a joy bean 😂😂
Liangxi contract account, made over a million dollars at night, but now it has retraced to 380,000 dollars. The Ethereum long position is still holding on, indeed it's a joy bean 😂😂
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Counterfeit goods can't hold up either 😂😂
Counterfeit goods can't hold up either 😂😂
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The contract account of genius trader Liangxi was liquidated at midnight, returning to zero once again. This time, it's unclear how much was withdrawn.
The contract account of genius trader Liangxi was liquidated at midnight, returning to zero once again. This time, it's unclear how much was withdrawn.
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Binance spot data update: Spot trading has lost 2/3 over the year, nearly halved in the last three months 😂😂
Binance spot data update: Spot trading has lost 2/3 over the year, nearly halved in the last three months 😂😂
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Seeing a lot of analyses saying the bull market is over and we're entering a bear market cycle. At this critical moment where bulls and bears are at odds, it's normal to have disagreements. I still prefer to hold onto my spot positions. Perhaps the four-year cycle pattern is really gone; without a periodic bull market, there won't naturally be a bear market under cyclical rules. Now Bitcoin is following the U.S. stock market, and mainstream altcoins are also looking to Bitcoin. Future price movements will follow the U.S. stock market. I believe the current downturn in the U.S. stock market is only temporary; after such a long period of slow growth, a phase correction is also normal. If the U.S. stock market really collapses, not just the crypto market, no market will fare well.
Seeing a lot of analyses saying the bull market is over and we're entering a bear market cycle. At this critical moment where bulls and bears are at odds, it's normal to have disagreements. I still prefer to hold onto my spot positions. Perhaps the four-year cycle pattern is really gone; without a periodic bull market, there won't naturally be a bear market under cyclical rules. Now Bitcoin is following the U.S. stock market, and mainstream altcoins are also looking to Bitcoin. Future price movements will follow the U.S. stock market. I believe the current downturn in the U.S. stock market is only temporary; after such a long period of slow growth, a phase correction is also normal. If the U.S. stock market really collapses, not just the crypto market, no market will fare well.
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This garbage coin VIC, not only recently revived by rebranding and hype, but now also has increased its supply from 100 million to 210 million, and 200 million will be immediately added to the circulating supply. The project party has exhausted all their chips and will rely on the increase in supply to continue pushing it down. This kind of economic model change and unauthorized increase in supply is too disgusting 🤢. If we do not resist, more and more project parties will imitate it in the future.
This garbage coin VIC, not only recently revived by rebranding and hype, but now also has increased its supply from 100 million to 210 million, and 200 million will be immediately added to the circulating supply. The project party has exhausted all their chips and will rely on the increase in supply to continue pushing it down. This kind of economic model change and unauthorized increase in supply is too disgusting 🤢. If we do not resist, more and more project parties will imitate it in the future.
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It's that time again for bulls and bears to act foolishly. After analyzing the weekly Bitcoin K-line chart with DeepSeek, the conclusion is: short-term adjustment continues, and the bull market has not yet ended. 😂😂
It's that time again for bulls and bears to act foolishly. After analyzing the weekly Bitcoin K-line chart with DeepSeek, the conclusion is: short-term adjustment continues, and the bull market has not yet ended. 😂😂
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In the past month, spot prices have dropped by 30%. In this cycle, spot prices have increased by about 2 times at their peak. Last year's early high point saw a pullback in between, but by the end of the year, it reached a secondary high again. The lack of movement can partly be attributed to greed and the error of relying on past experiences. Since entering the market, it seems that every year during the Spring Festival, the market conditions are quite good. I thought about making one last profit, but ultimately, human calculations cannot compete with the heavens. Since buying at the bottom in early 2023, all profits have been withdrawn, and the capital investment has incurred a loss of about 20%. Overall, my mindset is still good, and I have no plans to cut losses. My holdings do not include Bitcoin or Ethereum; instead, I focus on mainstream public chains and leading applications, diversifying my layout, being aggressive yet relatively stable. I am preparing for the worst-case scenario, and at most, I might be trapped for another year or two. Even if a deep bear market follows, I don’t have to worry too much about altcoins going to zero, as long as I hold my tokens, hope remains.
In the past month, spot prices have dropped by 30%. In this cycle, spot prices have increased by about 2 times at their peak. Last year's early high point saw a pullback in between, but by the end of the year, it reached a secondary high again. The lack of movement can partly be attributed to greed and the error of relying on past experiences. Since entering the market, it seems that every year during the Spring Festival, the market conditions are quite good. I thought about making one last profit, but ultimately, human calculations cannot compete with the heavens. Since buying at the bottom in early 2023, all profits have been withdrawn, and the capital investment has incurred a loss of about 20%. Overall, my mindset is still good, and I have no plans to cut losses. My holdings do not include Bitcoin or Ethereum; instead, I focus on mainstream public chains and leading applications, diversifying my layout, being aggressive yet relatively stable. I am preparing for the worst-case scenario, and at most, I might be trapped for another year or two. Even if a deep bear market follows, I don’t have to worry too much about altcoins going to zero, as long as I hold my tokens, hope remains.
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I woke up early and glanced at the market, surprisingly it had risen. Then I went to check Liang Xi's real account, and it had already been liquidated.
I woke up early and glanced at the market, surprisingly it had risen. Then I went to check Liang Xi's real account, and it had already been liquidated.
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Liang Xi is currently still in a short position, and the only thing that can save his short position is a sharp drop in the US stock market at opening. 😂😂
Liang Xi is currently still in a short position, and the only thing that can save his short position is a sharp drop in the US stock market at opening. 😂😂
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During the day it seems stable, we will see how the US stock market performs at night. If the US stock market continues to crash, the index will hit a new low again. 😭😭
During the day it seems stable, we will see how the US stock market performs at night. If the US stock market continues to crash, the index will hit a new low again. 😭😭
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Tomorrow marks the 5th anniversary of the day that makes people in the crypto world shudder, the 312 incident. The altcoins have been in a prolonged downtrend, like a dull knife cutting flesh; it would be better to have a sharp and swift crash like the 312 event. Until it drops to a level that leaves everyone in despair, the market manipulators won't easily pump the prices. The most mocked phrase right now is 'Spot, what’s there to be afraid of?' 😂😂
Tomorrow marks the 5th anniversary of the day that makes people in the crypto world shudder, the 312 incident. The altcoins have been in a prolonged downtrend, like a dull knife cutting flesh; it would be better to have a sharp and swift crash like the 312 event. Until it drops to a level that leaves everyone in despair, the market manipulators won't easily pump the prices.

The most mocked phrase right now is 'Spot, what’s there to be afraid of?' 😂😂
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The current market is like Walmart's slogan 'Everyday Low Prices' - so many bargains!! 😂😂
The current market is like Walmart's slogan 'Everyday Low Prices' - so many bargains!! 😂😂
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Entering the cryptocurrency circle has been the eighth year now. Having experienced the crashes of March 12 and May 19, this prolonged decline after such a significant drop is the most tormenting.
Entering the cryptocurrency circle has been the eighth year now. Having experienced the crashes of March 12 and May 19, this prolonged decline after such a significant drop is the most tormenting.
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The big gold dog Cocoro that was launched on-chain yesterday has already fallen close to two-thirds from its peak by this morning. Unless there is some good news to drive it back up, it will trap another batch of latecomers who rush in.
The big gold dog Cocoro that was launched on-chain yesterday has already fallen close to two-thirds from its peak by this morning. Unless there is some good news to drive it back up, it will trap another batch of latecomers who rush in.
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