What is Seed Phrase?
Let's find out Seed Phrase meaning, definition in crypto, what is Seed Phrase, and all other detailed facts.
The seed phrase (recovery phrase, backup seed phrase, or mnemonic phrase) is a randomly generated string of words obtained cryptographically from the wallet's private key. It's used by crypto wallet users to reclaim ownership and access to their cash on the blockchain, which means that anyone with your seed phrase might possibly move your funds to another wallet address.
It is matched with 12, 18, or 24 words (depending on the user's preference) from the BIP39 Wordlist (a list of 2,048 English words). This sequence can also be turned into a mapped number sequence that gives the user access to his wallet and a public-private key pair.
The software in a crypto wallet is meant to produce these phrases, which users are then expected to remember. This means that if the hardware fails, or if it's lost or stolen, they can always reinstall the wallet software and use the seed phrase to regain access to their funds.
Since storing seed phrases on devices connected to the internet is considered to be untrustworthy, a user should keep a copy of the seed phrase offline. The best way to do that is by writing down the phrase and storing it in some secure place, such as a safe.
Private keys can be safely stored in hardware (cold) wallets without the security issues associated with hot wallets. However, your seed phrase's security mostly depends on the way you choose to hide it.
Security tokens are provided by a specific security token service. They can be issued on a blockchain that’s either for <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-public-blockchain/">public or <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-private-blockchain/">private use, also known as permissionless and permissioned blockchains.<\/p>\n<p>It's important to note that <strong>STOs and <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-initial-coin-offering-ico/">ICOs should never be mixed up<\/strong>. That is because ICOs, unlike STOs, are genuine coins of a cryptocurrency that is completely digital.<\/p>","definition":"a type of public offering sold in security token exchanges or other cryptocurrency exchanges.","status":"published","meta_title":"What is Security Token Offering? Definition & Meaning | Crypto Wiki","meta_description":"Security Token Offering meaning: Security Token Offering - is a type of public offering sold in security token exchanges or other cryptocurrency exchanges.","meta_keywords":null}" :model="{"id":684,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency_wallet#Seed_phrases","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-11-26T14:54:46.000000Z","slug":"what-is-seed-phrase","title":"What is Seed Phrase?","section":"S","keyword":"Seed Phrase","content":"<p>The <strong>seed phrase <\/strong>(recovery phrase, backup seed phrase, or mnemonic phrase) is a randomly generated string of words obtained cryptographically from the wallet's <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-private-key-secret-key/">private key<\/strong><\/a><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-private-key-secret-key/">. It's used by <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-wallet/">crypto wallet<\/strong><\/a> users to reclaim ownership and access to their cash on the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-blockchain/">blockchain, which means that <strong>anyone with your seed phrase<\/strong> might possibly move your funds to another wallet address.<\/p>\n<p>It is matched with 12, 18, or 24 words (depending on the user's preference) from the <strong>BIP39 Wordlist<\/strong> (a list of 2,048 English words). This sequence can also be turned into a mapped number sequence that gives the user access to his wallet and a public-private key pair.<\/p>\n<p>The software in a crypto wallet is meant to <strong>produce these phrases<\/strong>, which users are then expected to remember. This means that if the hardware fails, or if it's lost or stolen, they can always reinstall the wallet software and use the seed phrase to regain access to their funds.<\/p>\n<p>Since <strong>storing seed phrases on devices connected to the internet is considered to be untrustworthy<\/strong>, a user should keep a copy of the seed phrase offline. The best way to do that is by writing down the phrase and storing it in some secure place, such as a safe.<\/p>\n<p>Private keys can be safely stored in <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-hardware-wallet/">hardware (cold) wallets<\/strong><\/a> without the security issues associated with <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-hot-wallet/">hot wallets<\/strong><\/strong><\/a>. However, your seed phrase's security mostly depends on the way you choose to hide it.<\/p>","definition":"a randomly-generated unique string of 12 to 24 words that provides access and control to the user\u2019s funds on-chain.","status":"published","meta_title":"What is Seed Phrase? Definition & Meaning | Crypto Wiki","meta_description":"Seed Phrase meaning: Seed Phrase - a randomly-generated unique string of 12 to 24 words that provides access and control to the user\u2019s funds on-chain.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? 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