I've been hearing a lot about
Bitcoin and cryptocurrency, and I'm trying to understand the basics. One term I've come across is 'seed key'. Could someone explain what this is in the context of bitcoin?
5 answers
CryptoMystic
Tue Dec 03 2024
It consists of a sequence of words ranging from 12 to 24 in number.
Giovanni
Tue Dec 03 2024
These words are selected from a predefined list.
Daniela
Tue Dec 03 2024
The significance of these words lies in their ability to grant access to your crypto wallet.
Nicola
Tue Dec 03 2024
Unlike private keys, seed phrases exclusively consist of words, excluding any numeric or special characters.
BlockchainVisionary
Tue Dec 03 2024
A seed phrase is another term for a recovery phrase.