From Mastering Bitcoin: "From a security perspective, the amount of entropy actually used for the production of HD wallets is roughly 128 bits, which equals 12 words. Providing more than 12 words produces additional entropy which is unnecessary, and this unused entropy is not used for the derivation of the seed in the way that one might intially suspect."
- Why roughly 128 bits, and not exactly?
- Why the additional entropy provided by using more than 12 words is not used?