Brainwallets: The Bitcoin Wallet You Probably Shouldn’t Use (Unless You Have To)
A “brainwallet” refers to a private key that is stored in the user’s memory in the form of a seed phrase or a passphrase. Source
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brainwallets
Bitcoin has a ‘dark forest’ of its own, and it has to do with brainwallets
The concept of a blockchain "dark forest" has been popularized recently by Ethereum and the existence of front-running bots that will copy any profitable transaction pending for submission.The bots are able to assess if any given transaction that just entered the mempool can be replicated, and they will immediately publish
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