I'm wondering if using a 12-word phrase for my cryptocurrency wallet is actually safe. I've heard it's a common practice, but I want to make sure it's secure enough to protect my assets.
5 answers
DigitalBaron
Thu Dec 12 2024
Secret recovery phrases are crucial for maintaining the security of cryptocurrency wallets.
ethan_carter_engineer
Thu Dec 12 2024
Various lengths of these phrases exist, including 12, 18, and 24 words.
ethan_thompson_psychologist
Thu Dec 12 2024
All of these options provide a high level of security for users.
ShintoSanctuary
Wed Dec 11 2024
Some platforms opt for a 24-word phrase due to its enhanced security features.
Claudio
Wed Dec 11 2024
Specifically, a 24-word phrase offers 256-bit security, which is more robust than the 128-bit security provided by a 12-word phrase.