![]() That way if someone has access to your recovery phrase your assets will have second layer of protection. ![]() To additionally protect your wallet backup that is recovery phrase you can also add a “passphrase” to the end of your seed. Always back up your secret recovery phrase offline and store it somewhere safe. And never enter secret phrase or your private keys online, on a shady website or any where else other than your wallet. So remember to never ever leak out this information. Mnemonic seed is the master seed that you need to prove ownership of your assets in case of any unforeseen circumstances such as lost wallet, PIN etc. ![]() If someone gets access to it then they‘ll gain access to your wallet. The recovery phrase should be kept as a secret so do not ever share it with anyone. Also remember that no one should ever have access to your mnemonic seed phrases. If you lose this then you’ll never be able to access your crypto again and nobody can help you access your wallet. Make sure you have the recovery backup copy with you all the time. Here is how to test Trezor seed backup and here is a guide to perform recovery check on Ledger device. You can test / check if your recovery is correct but you can’t extract seed from the hardware device. Most wallets do not even provide you an option to see the seed again particularly the hardware wallets. Not on your wallet and not on any online servers. Wallet backup that is the recovery phrase / mnemonic seed is not stored anywhere. If you mess up then you cannot restore your wallet. Make sure the order of the words are exactly as show by your wallet. ![]() So backup the seed phrase and keep it as a secret. This seed phrase is crucial because it is the only way for you to restore your wallet and regain access in case if you lost access or locked out of your wallet. Hope you’ve written it down and stored it safely offline. You’ll also be prompted to write the words down and store it in a safe place. When you first setup a new wallet the wallet will generate a seed phrase for you. Whether its a hardware wallet, software wallet, desktop, online or a web wallet. In case if your wallet stops working, gets compromised, is lost or destroyed you can use your mnemonic seed to recovery your wallet and its coins. Most wallets these days uses BIP39 mnemonic phrase which is a set of easy to remember words that serve as a wallet backup. The words are pulled from a specific list of 2048 English words known as the BIP39 word list and is implemented by most cryptocurrency wallets. The seed words are derived from BIP39 standard. The wallet relies on these words to generate private key for all your accounts and the words in your mnemonic seed aren’t just any random words. Your wallet seed phrase also called as mnemonic seed is a 12, 18 or 24 random words that make up your wallet’s private key. You need to better understand this to backup your crypto assets. ![]() Recovery phrase, mnemonic secret code, seed phrase, wallet backup are all commonly used terms that is most important for your cryptocurrency security. We’ve already discussed enough about the importance of recovery seed, how it works with crypto wallet and how crucial they are in protecting your assets. It is the hypothetical source of/evidence for its existence is provided by: Sanskrit manas- "mind, spirit," matih "thought," munih "sage, seer " Avestan manah- "mind, spirit " Greek memona "I yearn," mania "madness," mantis "one who divines, prophet, seer " Latin mens "mind, understanding, reason," memini "I remember," mentio "remembrance " Lithuanian mintis "thought, idea," Old Church Slavonic mineti "to believe, think," Russian pamjat "memory " Gothic gamunds, Old English gemynd "memory, remembrance conscious mind, intellect.What to do when you lose your Seed Phrase, Secret Recovery Phrase or Mnemonic? What to do if I lost access to my wallet but have the 12 / 24 words recovery phrase and What if I lost my mnemonic but can still access my wallet? Here in this article we’ll discuss about recovery phrase and how to deal with lost mnemonic seed. It forms all or part of: admonish Ahura Mazda ament amentia amnesia amnesty anamnesis anamnestic automatic automaton balletomane comment compos mentis dement demonstrate Eumenides idiomatic maenad -mancy mandarin mania maniac manic mantic mantis mantra memento mens rea mental mention mentor mind Minerva minnesinger mnemonic Mnemosyne money monition monitor monster monument mosaic Muse museum music muster premonition reminiscence reminiscent summon. Proto-Indo-European root meaning "to think," with derivatives referring to qualities and states of mind or thought. ![]()
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