Cryptocurrency Q&A
What is a mnemonic phrase in Bitcoin?
What is a mnemonic phrase in Bitcoin?
CryptoGuru
Tue Dec 10 2024
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5
answers
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I'm trying to understand the concept of a mnemonic phrase in the context of Bitcoin. Could someone explain what it is and how it's used in Bitcoin?
5 answers
Stefano
Thu Dec 12 2024
A mnemonic phrase is commonly known by other names such as a seed phrase or a recovery phrase.
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SamuraiHonor
Thu Dec 12 2024
Users can do this by appending their own unique passphrase to the end of the list of words in their mnemonic phrase.
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lucas_taylor_teacher
Thu Dec 12 2024
This type of phrase represents a Bitcoin standard that was introduced through BIP 31.
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SamsungSpark
Thu Dec 12 2024
The majority of wallets in the cryptocurrency space have adopted this standard.
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SeoulSerenitySeekerPeace
Thu Dec 12 2024
One of the advantages of mnemonic phrases is that wallets often provide users with the option to enhance security.
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