Cryptocurrency Q&A What is a 24-word passphrase?

What is a 24-word passphrase?

SakuraBloom SakuraBloom Mon Sep 16 2024 | 6 answers 1651
Excuse me, could you please elaborate on what exactly is a 24-word passphrase? Is it a specific type of security measure used in cryptocurrency or finance? If so, how does it work and what makes it so important? Is it related to wallet security or some other aspect of managing digital assets? I'm quite intrigued and would love to learn more about it. What is a 24-word passphrase?

6 answers

HanjiArtistryCraftsmanship HanjiArtistryCraftsmanship Wed Sep 18 2024
Cryptocurrency security is paramount, and one of the key measures to protect your assets is through the use of a passphrase.

Was this helpful?

387
70
Caterina Caterina Wed Sep 18 2024
A passphrase acts as an additional layer of security, providing an extra barrier against potential attackers.

Was this helpful?

193
72
BlockchainBaron BlockchainBaron Wed Sep 18 2024
In the event that your 24-word recovery phrase is compromised, your passphrase ensures that your crypto assets remain SAFE and secure.

Was this helpful?

182
38
GeishaGrace GeishaGrace Tue Sep 17 2024
Without both the recovery phrase and the passphrase, an attacker will be unable to access your passphrase-protected accounts.

Was this helpful?

367
39
Lorenzo Lorenzo Tue Sep 17 2024
Each unique passphrase unlocks a separate set of secret accounts, further safeguarding your digital assets.

Was this helpful?

157
61
Load 5 more related questions

Related questions

  1. What is a 24-word passphrase?

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts