What is a recovery phrase and how does it work?

The app then displays a 12-word recovery phrase and encourages users to save it somewhere safe as part of this procedure. This recovery phrase is used by the apps to generate the private keys needed to enter the wallet. Anyone who knows the recovery phrase can import the wallet and access the cryptocurrency funds it contains.

What does'recovery'mean?

This type of language still appears in the commentary of the Recovery Version. So in essence "recovery" means to recover the global church from Catholic apostasy. And of course Lee and his ministry Living Stream is the means by which to accomplish this.

How do I backup my recovery phrase?

1. Log in to your Blockstream Green wallet and tap the Settings icon, then scroll to the Recovery section and select Back Up Recovery Phrase. 2. Choose Continue and record your recovery phrase backup. If you have lost your recovery phrase and are unable to log in to your wallet, Blockstream cannot help you regain access to your funds.

What is a'recovery phrase'?

One feature of almost every wallet on the market is that you can make a backup in case something happens to it. These days, we use what is called a ‘recovery phrase’ (or ‘recovery seed’). Here is how it works: when you create a new wallet, you will be prompted to write down a series of 12-24 words.