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Monday, July 4, 2022

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Crypto FAQ: What is a seed phrase?

Want to learn crypto fundamentals? Welcome to Block by Block. This issue answers: What is a seed phrase?What is a seed phrase?A seed phrase, also known as a recovery phrase or a secret private key recovery, is a sequence of 12-24 words you can use to restore a private key wallet.Why is a seed phrase important?Because it’s the only way to backup a crypto wallet. If you lose the phone, computer, or hardware device you use to access your...
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