I've heard about this concept called '12 secret recovery phrase'. I'm not sure what it is exactly, but I think it's related to some kind of account recovery or backup. Can someone explain what this phrase is and how it works?
6 answers
Paolo
Tue Dec 17 2024
This phrase is essentially a collection of words that have a specific numerical counterpart.
Giulia
Tue Dec 17 2024
A secret recovery phrase holds immense importance in the realm of cryptocurrency.
HanRiverVision
Tue Dec 17 2024
It serves as the master key to your wallet, granting you exclusive access to your digital assets.
ethan_harrison_chef
Mon Dec 16 2024
These numbers, when combined, form a seed integer, which is the foundation for generating all the private keys in your wallet.
Riccardo
Mon Dec 16 2024
Private keys are crucial as they allow you to make transactions and access your cryptocurrencies.