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To: Pavol Rusnak via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org>
References: <68330522-7e7c-c3b4-99a9-1c68ddb56f23@gmail.com>
<f2d73a92-e1c5-9072-e255-fa012a9f9d1b@satoshilabs.com>
From: Tiago Romagnani Silveira <tiago@posteo.de>
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Date: Mon, 24 Dec 2018 15:58:43 +0100
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Subject: Re: [bitcoin-dev] BIP39 seeds
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Why is this a SLIP and not a BIP?
Will it require a BIP39 seed, or will work with any seed format?
On 12/23/18 19:46, Pavol Rusnak via bitcoin-dev wrote:
> On 22/12/2018 00:58, Aymeric Vitte via bitcoin-dev wrote:
>> Has anybody already looked at this: given N randomly chosen words
>> belonging to a BIP39 2048 words dictionary, what is the probability to
>> get a "valid" BIP39 seed (ie with the right checksum)?
> 1:256 for 24 words
> 1:16 for 12 words
>
> This ratio is not too great and will be improved in the upcoming SLIP39
> standard: https://github.com/satoshilabs/slips/blob/master/slip-0039.md
>
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