In this video, we will explain what a seed phrase A seed phrase is a series of words generated by your cryptocurrency wallet that give you access to the crypto associated with that wallet.Learn more is and how it works. We will also take a look at how to store it safely.
A seed phrase is a list of words generated by a crypto wallet that enables the wallet user to access the crypto funds associated with that wallet. For more on crypto wallets, their types, and how they work, make sure to check our videos on these topics.
A seed phrase is also known as a seed recovery phrase or a backup seed phrase, and it includes 12 to 24 simple words, such as open, road, forget, achieve, energy, again, feed, etc.
This type of phrase was introduced with the Bitcoin Improvement Proposal 39 in 2013 and was widely adopted after that. The BIP39 established a standard for deterministic wallets. In the case of such a wallet, a seed phrase controls all the private keys held associated with it.
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0:25 What Is a Seed Phrase?
1:22 How Do Seed Phrases Work?
2:16 Storing the Seed Phrase Safely