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The Secrets of Bitcoin Wallets and Private Keys

Bitcoin University 47 views

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WARNING: There are a number of scammers who are using my image andbrchannel name to try to connect with my viewers on WhatsApp and otherbrplatforms to scam them Just so you know, I will never refer you tobr"my personal trader" or try to connect with you personally to sell youbrsomething I am trying to ban these scammers as quickly as they pop up You canbralways recognize a scammer by clicking on the image and seeing howbrmany videos he has All of these guys have zero videos, while I havebrhundreds I also now have a checkmark next to my name, so that you can distinguish the real Trader University from the imposters
Comment from : @Bitcoin_University

I tried to restore my wallet with [obvious stay actor sunset unable assault hamster glory law cruise wire drip], but it doesn’t work
Comment from : @CarterBaldwin-ziv0

The results I’ve seen with bTRUERTRUSTECH/b are more than I could have hoped for Recovering my USDT was just the beginning—you’ve also given me insights and advice that have changed the way I view challenges Thank you for being such a trusted expert
Comment from : @Vardaan___00

some of dormant address (halfin nd satohi ) publickeys has how many bits secured you can find 50Btc wit 725 bits to 160 bits ?
Comment from : @cemtanca2286

I was trading USDT with a friend but we fell out because of something She gave me an OKX wallet code 【pride】-【pole】-【obtain】-【together】-【second】-【when】-【future】-【mask】-【review】-【nature】-【potato】-【bulb】 and asked me to withdraw the remaining USDT What is this? How do I do this? Please tell me
Comment from : @PaulJohnson-b3u

How can i Get the private key for my public address, so that i can access the wallet
Comment from : @IsmaillArisekolatsiz

The amount of work the above team put into bypassing is really unbelievable, this a true masterpiece and the recovery of my funds within minutes it's impressive,So much respect for you 𝐇𝐨𝐧𝐞𝐬𝐭𝐲𝐛𝐚𝐬𝐞𝐭𝐞𝐜𝐡 on the internet how much positivity you put while going through job! I wish you all the best, mate! You deserve it
Comment from : @martinharris3918

Why do you suggest we "always use a fresh address"?
Comment from : @benjaminYTChannel

So if you have four customers you want sending you payments in Doge coin, they can do that using the same wallet and still not be able to trace each others (the clients) transactions ?
Comment from : @davidvice3720

Plz help anyone!!! My pvt key doest show binary numbers rather it is combination of numners and alphabets Plzzzz help my btc is locked
Comment from : @akashpatwal5266

Why is it called a seed?
Comment from : @AdMycroft-fb1eo

“If you don’t know anything about binary, this is actually a very, very large number“ brbrBullshitbrbrbYOU/b don’t know anything about binarybrbrBinary numbers take up more space This is necessarily so because the most significant digit in binary is 1 Compared to decimals, which is numeral nine, binary numbers take up much more space to represent the same numerical valuebrbrDecimal number 9 requires four characters to be represented in binary Decimal 9 is represented as 1001 in binarybrbrLikewise 999 is represented as 1111100111 in binarybrbrAny binary number other than 0 or 1 will have a much smaller decimal representation They look like big numbers, but they’re actually really small They just take up a lot of space
Comment from : @supremoluminary

please you forgot the 0 this will be the first word and 538 will be the 539th word inthe list not drip !!!brso this was wrong it is drive
Comment from : @sennlich

Great value Thank you!
Comment from : @KarmaWords

Great presentation!
Comment from : @coonea1

Is NFC still considered air gapped? Is NFC safer than usb or Bluetooth to sign transactions? Is blockstream jades blind oracle safe?
Comment from : @copycatt2579

How can a seed phrase hold multiple private keys and multiple crypto currencies ?
Comment from : @chetandosco

How do I move my Bitcoin from my private to my trade account
Comment from : @lugibrand

video was fucking terrible
Comment from : @antgen4874

Am I the only one that things it is WRONG that some electronic device creates my recovery phrase on my behalf? My spidy senses tell me one of these days all of these hardware wallets are going to have $0 in them
Comment from : @jamesbowman1767

You didnt explain why you need to use a different address everytime? Care to elaborate, please?
Comment from : @chonkiboii

Since a a thumb drive could be formatted with encryption for security, why couldn’t it be used to store cryptocurrency as opposed to a hardware wallet? Is a hardware wallet that much more reliable against data corruption?
Comment from : @michaelboisvert7821

what keeps me from just trying 12 or 24 words since you dont have a username - password kombination it should be easy to automate it -> check if there is something in the wallet -> if not moving on to another word kombination? a good computer should be able to do that a couple million times a day or am i wrong?
Comment from : @flyerkasten2928

Really good explanation I understand how the seed phrase works with Btc now- but how does it work when you have for eg, a trust wallet with Btc and altcoins on different chains Secured with one seed phrase?
Comment from : @simmooz3528

I guess my issue is not knowing how to use those 12 words brIf inpay for sumthing do I give them my 12 words brAnd is it ok to tatto them on my arm?
Comment from : @trisnrik2245

It's Beautifullllll!!! youtube/XH1hrfD-bUo
Comment from : @alssupersadgarden

bTHANK YOU 👆,YOUR LEVEL OF PROFESSIONALISM HAS MADE BIG PROGRESS IN MY LIFE NOW I MADE 💯 BTC TO WALLET/b
Comment from : @tina-ic4ht

bYou🗽 alone saved me and gave me correct BTC 03btc to my wallet I'm so thankful/b
Comment from : @tina-ic4ht

Hi Matthew, I have a question: You refer to the private keys for Bitcoin But i know someone who has a Trezor with altcoins and no Bitcoin They also have a 12 work recovery seed for their Trezor I is it correct that the recovery seed accesses all coins on the Trezor including Bitcoin and altcoins?
Comment from : @flyjeffva

Finale balance how to transfer
Comment from : @sknazeer2042

So if the Ledger company ever goes belly up, I just need to find a BIP compatible device and enter my words, is that right?
Comment from : @elskid206

6u 7 !!
Comment from : @douglaskoppangsr5101

I have a pretty good handle on everything crypto but always learn something new here
Comment from : @sumtingwong4997

Okay, I have my 1 billion dollars, 12 word keys in my head Is the only way to regain control again with a fresh BIP39 compatible cold wallet? brOr could I dangerously enter those keys into an ATM to withdraw money without a phone in my pocket See the hardware dilemma
Comment from : @ralcool5932

Your stuff is so good!
Comment from : @elusariosinnombre2058

Are you concerned that the paper futures will be used to “manage” the price of Bitcoin? The enemies of BTC specialize in this sort of activity GATA has been exposing them for years, to no avail, in the precious metals market
Comment from : @primetimeperformance

Very helpful!!!
Comment from : @molouw1

Nice explanation- thanks for this
Comment from : @alinskyrocks784

Thank you Matthew
Comment from : @TravelingMissD

Yes back to the basics sometimes Matt it's truly the fundamentals that reminds us how revolutionary a unique technology like bitcoin is and why we invested in it in the first place
Comment from : @Quantum789

Excellent Breakdown, of Wallets and keys, Thanks!
Comment from : @stevefournier6375

Trezor has Standard and Segwit wallets Is there any reason to use the Standard wallet anymore?
Comment from : @yogawithandy

Most important videos next to TA for BTC enthusiasts Thanks Matt!
Comment from : @Tooheyspew

My mind has been blown I always wondered why on earth a system like this would be linked with a set of 12 or 24 words Now I know, thank you!
Comment from : @PercyTP5161

I hope you realize, that you were helping so many people
Comment from : @thestonemaster81

If my hardware wallet contains Bitcoin and 2 or 3 altcoins and it's destroyed in a fire, will my seed phrase recover only the Bitcoin and not the altcoins? If so how may I safeguard the altcoins?
Comment from : @jackcheah6460

Good video
Comment from : @bricklawson9745

So if a trezor has BTC in several different addresses, does all the addresses have the same private key since it only gives you one recovery seed?
Comment from : @bitmagnet9400

Matthew, you rock!
Comment from : @ErnestoR

Was about to comment "Babies first hashing algorithm" Well honestly that's my own fault for being an out of touch techie Normies need to know how cryptography works to a certain extent I really enjoy your macroeconomics and philosophy vids more than technical ones
Comment from : @noctis2149

Good one thanks for making it easy
Comment from : @ashleymcintosh1604

Hi Mattgreat explanation of how the 12 word recovery is generated I never understood it until now Thank you
Comment from : @marty590

Impressive I’ve watched countless hours of educational videos about BTC and no one has ever explained this in such detail as you And you made it understandable Well done!👏👏
Comment from : @bmiller1958

Thanks for making your audience aware of the Faketoshi fraud Amazing that this guy is still making headlines
Comment from : @mikeh39

Hi Matt, do you have a video on your channel about running you down bitcoin node? I saw you have them on your subscription, but I was curious if you have a video similar on here
Comment from : @estebanguerra2573

Suggested read: Mastering Bitcoin
Comment from : @bentaye

the 12 words allow access to the wallet that hold your private keys, you are saying that the 12 words are m keys?? every time I add new bitcoin to my wallet another key is added, the average wallet should contain a number of keys accummulated by adding bitcoin to be clear, YOU ARE SAYING THAT ALL OF THE BITCOIN IN MY WALLETARE NOW REPPED BY THE 12 WORDS? ONE KEY? MY LEDGER HOLDS OTHER COINS, SO THAT CANT BE ACCURATE WHEN i BUY BITCOIN FROM AN EXCHANGE IT HAS A PRIVATE KEY AND WHEN I TRANSFER THAT BITCOIN TO MY WALLET IT IUS STORING THAT KEY WHE I BUY MORE BITCOIN ANOTHER KEY IS ADDED TO MY WALLET BALANCE AND OVER TIME MY WALLET IS THE STORAGE PLACE FOR MY KEYS AND CAN ONLY BE ACCESSED WITH MY 12 WORD SEED PHRASEbrIF I SHOULD FORGET MY SEED OR MY WALLET DESTROYED COULD I GET ACCESS TO MY BITCOIN IF i SAVE THE PRIVATE KEY # ASSOCIATED WITH EACH BITCOIN PURCHASE
Comment from : @GalaxiePictures

Why does Matt not mention & or like Ledger Nano X , etc please Is there an issue he sees with ledger? Thanks
Comment from : @culturehorse

Can you earn yield on your Bitcoin if you hold it in a trezor cold storage device?
Comment from : @cryptomaester931

Haha that court case is funny to me It’s like suing the sky for a sunny day
Comment from : @nichole2757

Another great video Matt! Bravo 👏
Comment from : @jwlee4925

This is the best explanation on how wallets work that I have ever seen Thank you There is obviously a lot more to the subject, but this is what you need to know as a beginner Also hardware wallets is expensive There is a way to convert some of the memory in your PC to a virtual hard drive Create your wallet on the new virtual drive Get the 12 words and save an encrypted image of the disk to a normal flash drive Now destroy the virtual disk and defrag the memory This is just a temporary solution until you can buy a propper hardware wallet
Comment from : @PHPRunnerTipsAndTricks

Matt I think the market value for BTC is between 40k - 80k I think its going to hover in this area for the next few years Wonder what you think
Comment from : @classicsforever66

Are you really trying to simplify this for the average person?brIf so you failed!!!
Comment from : @lauramcconney9367

Herr Hodler, was ist der unterschied zwischen Bitcoin und den alten nummerierten Schweizer bankkonten? Heil Hodler!
Comment from : @deepstatefake5379

Do these same concepts apply to any and/or all other cryptos?
Comment from : @beephex1

You glossed over how to send from one cold storage to another More detail?
Comment from : @danielmorrison7579

I know How to speak that number ! Its Called the us debt
Comment from : @miranda9691

Nowadays if you do not have bitcoin and you want to fly out of the country with a lot of money you buy a Rolex of 400K and carry it on your wrist When you arrive on your destination, you exchange your Rolex in fiat at the Rolex shop
Comment from : @TheZoekie

love these videos very helpful and informative Thanks!
Comment from : @42papyrus

You not only advise & encourage self custody, but you do an overview for bitcoin newbies like myself ❤ it LIKING SAVING SHARING !!!
Comment from : @showcaserome

Great video Thank you
Comment from : @Ngutech

Thanks!
Comment from : @ryan_k

Noob question: Does a Hardware Wallet store your key multiple times(duplicates)? For if a bit gets flipped by cosmic radiation
Comment from : @audiogek

Excellent refresher!
Comment from : @creeptokid6733

Need More Technical Content Like This
Comment from : @BasitKhan-eb7dk

Great content, follow this guy all the time One of the best in this space 5 star
Comment from : @Freedomkmh

Great videos as always!
Comment from : @davidfenererer8774

"FLourt in Corida" brbrDon't worry, I do this ALL of the time too, Matt! 😅🤣
Comment from : @maxwellcorey

best explanation yet
Comment from : @davidedsall3507

Question: You dog on other cryptos pretty good lol, but don't you think gaming and NFT's will be massive in the future? Bitcoin is the future monetary system, but why not own the Gaming cryptos as well? I enjoy all your videos, because of your content I am now hodling BTC, I have to thank you for that!
Comment from : @minionkevin6623

Really éducative !
Comment from : @simonpeter9617

Whether thought provoking or educational, your ability to explain topics to any knowledge level is awesome I can only assume your online courses are the same Thanks as always 👩🏼‍🎤🧑🏾‍🎤👨‍🎤
Comment from : @kswonder28