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Cryptocurrency wallets are fundamental tools for anyone involved in digital asset holding and investment. These wallets store private keys, which are essential for accessing funds on the blockchain. Private keys function similarly to passwords, but losing them can result in permanent loss of access to your funds. Given that a private key is a lengthy […]
Key Takeaways Introduction As cryptocurrencies continue to gain popularity, the need for secure storage solutions for private keys and seed phrases has become paramount. One innovative approach to enhancing the security of crypto assets is the Shamir backup method, sometimes called Multi Share Backup. This article will discuss what Shamir backup is, how it works, […]
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 […]
If you’re serious about safeguarding your cryptocurrency investments, securely storing your seed phrases is absolutely essential. Your seed phrase is the master key to your crypto wallet – if it falls into the wrong hands, your digital assets could be stolen in an instant. But if you lose your seed phrase, your crypto is gone […]
Introduction In the world of cryptocurrencies, security is of utmost importance. One of the key components in securing your digital assets is protecting your wallet’s seed phrase. But did you know that you can add an extra layer of security to your wallet by using a BIP39 passphrase? A BIP39 passphrase is an optional phrase […]
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 There is one crucial element that keeps your coins and tokens safe and secure: the seed phrase. It’s a mainstay of the cryptocurrency industry and for good reasons, which we’ll cover below. This blog post will walk you through the ins and outs of seed phrases, their importance, and how they work to safeguard […]
Are seed phrases and private keys the same? Are they different? How they protect my coins? We have all the answers. If you would like to know the answer to these common questions: Below you will find a simple but complete answer. We will not dive deep into technical aspects of blockchain, instead, we will […]
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 […]
