SLIP39, also known as Shamir’s Secret Sharing for Mnemonic Codes, is an advanced method for securing cryptocurrency seed phrases. This protocol allows users to split their seed phrase into multiple shares, enhancing security and providing redundancy. SLIP39 is particularly useful for those who want to distribute their seed phrase across different locations or among trusted […]
I. Introduction Just picture this: You’ve recently delved into the fascinating world of cryptocurrencies. You’ve got some Bitcoin, maybe a little Ethereum, and you’re keeping it all in a shiny new digital wallet. But do you ever wonder where your coins really are? If you think they’re stored in your digital wallet, well, you’re not […]
I. Introduction A wave of digital transformation has been sweeping across the globe and the world of finance hasn’t been immune. At the heart of this transformation are cryptocurrencies – digital or virtual currencies that use cryptography for security. Bitcoin, Ethereum, and a multitude of others now populate this crypto-universe, with their decentralized control distinguishing […]
Introduction Cryptocurrencies are digital or virtual currencies that utilize cryptography for security and operate on a decentralized network called blockchain. The first and most popular cryptocurrency, Bitcoin, was introduced in 2009 by an anonymous individual or group known as Satoshi Nakamoto. Since then, thousands of cryptocurrencies have been created, each with its unique features and […]
Want to check which wallets support the BIP39 mnemonic recovery seed phrase? Read the article below to find out. Jump straight to the list Contents: What is BIP39 In the past, bitcoin and other cryptocurrency wallets were created and accessed using private keys. The private key has many characters and consists of letters and numbers, […]
For your convenience, we designed a printout of full BIP39 Wordlist. You can use this to safely check all your seed phrase words offline, safe from hackers. If you marked any words with a pen on your copy, destroy the paper sheet safely so no one can try to guess your seed phrase. Print ready […]
What is BIP39? With the introduction of BIP39, the whole process of generating and accessing bitcoin and other cryptocurrency wallets was simplified. This was to simplify process of creating recovery seeds for your wallet and restoring it. BIP39 comes from Bitcoin Improvement Proposal no. 39. With BIP39 recovery phrase (also called mnemonic phrase), user can backup and recover […]
Understanding BIP39: Mnemonic Phrases and Secure Cryptocurrency Wallets Introduction Background on BIP39 (Bitcoin Improvement Proposal 39) As the world of cryptocurrency continues to expand, securing digital assets has become a critical concern for users. One of the most important developments in this area is BIP39, or Bitcoin Improvement Proposal 39. Introduced in 2013 by developers […]
