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Recovery Seed

Recovery Seed - a cryptographic security code used to recover the assets in a cryptocurrency wallet.

A recovery seed is a critical security code used to recover the assets in a cryptocurrency wallet. If a user loses their private key, the recovery seed can be used to regenerate the key and regain access to the funds. The seed is typically a string of 12 or 24 words that is generated by the wallet software.

While the recovery seed is an important safety measure, it is important to remember that it must be kept safe and secure. If the seed falls into the wrong hands, the funds in the wallet could be at risk. For this reason, it is recommended that users write down the seed and store it in a safe location. Some wallets also offer the option to encrypt the seed, which adds an extra layer of security.



27 Dec 2023

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