Save my name, email, and website in this browser for. Disclaimer Join CoinSutra Team. However, they are interrelated. What is Mnemonic Passphrase Was this helpful. Leave a Comment Cancel Reply and you are the one.
These are not as safe as keeping passwords locked away in a vault, but it's better than having them float around in easy-to-hack platforms. All wallet apps rely mostly on the seed phrase for fraud prevention. First, a word phrase is needed any time someone accesses a wallet on a new device, like if someone got a new phone or laptop. Relying on wallet apps to reset a seed phrase if it's lost Unfortunately, if a word seed phrase gets lost, there's no way to "reset" it.
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