I'm wondering if it's possible for two different people to end up with the exact same seed phrase. Could this happen by chance, or does the system prevent such duplicates?
6 answers
CryptoProphet
Fri Nov 29 2024
This uniqueness ensures the security and integrity of each wallet.
Bianca
Fri Nov 29 2024
The number of cryptocurrency wallets in existence is minuscule when compared to the vast array of potential seed phrases.
Pietro
Fri Nov 29 2024
This is because each seed phrase is unique and serves as the foundation for generating a wallet address.
GinsengBoost
Fri Nov 29 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of cryptocurrency users. These services include spot trading, futures trading, and a secure wallet for storing digital assets.
Elena
Fri Nov 29 2024
The likelihood of two individuals receiving the exact same seed phrase is extremely low.