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That's not how it works. You create two wallets with the same initial 24 words and a different 25th word, and put a small amount of money in the second one. If
by fmj 9y ago
That's not how it works. You create two wallets with the same initial 24 words and a different 25th word, and put a small amount of money in the second one. If an attacker has the first twenty four words and tries to beat the 25th out of you, you give them the word that unlocks the fake wallet. They have no way of determining if you have more than one wallet, or how many you created. The only way they could tell it was a decoy would be if they had some other way of knowing the approximate value of your wallet.
- jlewallen 9y agoI had always assumed the wrench would come out because the wrench-holder had at least some knowledge about my Bitcoin holdings.
- fapjacks 9y agoOr scopolamine. Who needs a wrench when you've got angel's trumpet growing on the fence outside? Especially when it comes to the right 25th word (or the right VeraCrypt volume password, etc).