Suspicious Seed Phrase 🔐

A seed phrase, also known as a recovery phrase, might just be the single most important layer of security for crypto users. Let's take a deep dive into the safe ocean of Seed Phrases 🌊

What is a Seed Phrase?

A seed phrase is a cluster of random words generated by your crypto wallet when setting it up, which can be used as an emergency backup if you ever need to restore access to your funds.

Though somewhat similar, recovery keys are not to be confused with private keys, which are alphanumeric sequences that allow users to execute crypto transactions from their wallets. They both should be safeguarded with equal rigor, however, as anyone with access will be able to create a copy of the corresponding wallet or drain if of its funds.

How does a Seed Phrase Work?

Crypto isn’t actually stored within a crypto wallet – it “lives” as data on the blockchain. Seed phrases are generated whenever a new crypto wallet is created, whether it’s a hardware wallet, a software wallet or a web wallet.

The phrases contain words drawn from a list of 2,048 English words called the BIP39 standard, which the Metamask and many other leading crypto wallets utilize, offering 128-bit encryption. Most seed phrases are either 12 or 24 words in length, and each is unique to the wallet that created it.

That's it for the day geeks, Web3Shala Signing Off ✌🏻

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