Cryptocurrency Q&A What is 24 passphrase?

What is 24 passphrase?

CryptoTrader CryptoTrader Sun Dec 15 2024 | 7 answers 1165
I've heard about this concept called '24 passphrase'. I'm curious to know what it actually means. Is it a security feature or some sort of encryption method? Can someone explain it to me in simple terms? What is 24 passphrase?

7 answers

SunlitMystery SunlitMystery Mon Dec 16 2024
For an attacker to gain access to passphrase-protected accounts, they would need both your recovery phrase and your passphrase.

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KpopStarletShine KpopStarletShine Mon Dec 16 2024
This dual-factor authentication significantly enhances the security of your crypto assets.

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henry_grayson_lawyer henry_grayson_lawyer Mon Dec 16 2024
A passphrase plays a crucial role in safeguarding your crypto assets.

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Bianca Bianca Mon Dec 16 2024
Each unique passphrase you create unlocks a distinct set of secret accounts.

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Daniele Daniele Mon Dec 16 2024
If your 24-word recovery phrase is compromised, the passphrase serves as an additional layer of security.

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