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Author Topic: Try to understand how "brain wallet" works.  (Read 123 times)

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Offline gs03xzz

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Try to understand how "brain wallet" works.
« on: January 02, 2014, 02:40:06 AM »

"brain wallet" is said to be stored in the network. Is "brain wallet" a part of the blockchain? If not, how does a local client get the update of the "brain wallet"?
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Offline ZeroTheGreat

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« Reply #1 on: January 02, 2014, 07:06:04 AM »
Brainwallet is just a form of connected pair "public key = hash(private key)". In Bitcoin and copy-cats private key generates automatically and being stored in wallet.dat (still can be bruteforced or, high unlikely, generated from elsewhere). In Nxt u yourself choose which private key do u wanna use and after that use acc ID (public key from chosen pair) for your needs.