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Passwords · The era matters

Passwords from 2013 versus today: why some open and others don’t

Two people with the same problem, the same memory and the same password can get opposite outcomes purely because of the year they created their wallet. And here the news is good for whoever has been waiting longest: old wallets open far more easily.

October 3, 2026 · 5-minute read

What changed

Ten years ago, wallets protected the password with a calculation repeated a few thousand times. Today it is repeated hundreds of thousands of times. It is the same mechanism; only the number went up. That number is the toll paid on every attempt.

Multiplying that number by sixty means testing the same candidate list costs sixty times more. A one-day job becomes a two-month one. A one-week job becomes a year. And that is where many cases cross the line of what is reasonable.

Wallet eraWhat it implies
2011-2014Light protection: huge numbers of candidates can be tested
2015-2018In between: depends on the specific format
2019 onwardsStrong protection: only cases with good memory succeed
With hardware devicesA different world: attempts are counted

The other half: what passwords were like back then

It wasn’t just the protection that changed: passwords changed too. In 2013 hardly anyone used managers and almost everyone wrote human passwords: a word, a name, a year, maybe a symbol. That is exactly what can be rebuilt. Today’s passwords, randomly generated by a manager, cannot be.

Both things favour the old case: the protection was lighter and the password was more human. That is why cases from 2012-2014 are, by a wide margin, the ones that most often end well, even though at first glance they look the most hopeless because of the time elapsed.

What the era doesn’t change

  • If you lost the entire recovery phrase, the year doesn’t matter: it is not recovered.
  • If the password was random, the year doesn’t matter: there is no pattern.
  • If you don’t have the file, the year doesn’t matter: there is nothing to test against.
  • If there is a forgotten extra password on top of the phrase, the year doesn’t matter: there is no way out.

Put another way: the era improves a case that was already possible, but it doesn’t rescue an impossible one. Which ones are impossible is in cases with no solution.

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