What is a Wallet Passphrase and Why is it Important?

Table of ContentsIntroduction to Wallet PassphrasesWhat is a Passphrase?Advantages of a PassphraseDrawbacks of Using a PassphraseHow to Secure My Passphrase?Conclusion

Introduction to Wallet Passphrases

Any person in possession of a Bitcoin recovery seed phrase can independently access the private keys and thus gain access to the bitcoin in it, regardless of the hardware or software used. Many Bitcoin users take additional measures to prevent the loss of bitcoin in case of theft or involuntary access to the recovery seed phrase. One way to protect the recovery seed is by using a passphrase.

What is a Passphrase?

Often, the pass phrase is also referred to as the 25th…

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