Seed Phrase (recovery phrase) is a string of random keywords generated when a user creates a new blockchain wallet. Seed Phrase plays an important role in securing and recovering a user’s blockchain wallet.
Seed Phrase (recovery phrase) is a string of random keywords generated when a user creates a new blockchain wallet. Seed Phrase is considered the key that allows users to recover their blockchain wallet and access the coins/tokens stored on the wallet.
If a blockchain wallet is compared to a password manager, Seed Phrase is the main password to access the wallet that created it. Seed Phrase supports recovering blockchain wallets for users in cases where they forget their password, the wallet is lost or deleted on the computer. In addition, Seed Phrase is also known by a few other names such as Recovery Phrase or Mnemonic Phrase.
See details: What is a seed phrase? The importance of seed phrase in securing and recovering blockchain wallets
Translations
Vietnamese: Seed Phrase là gì?