Sentences with phrase «mnemonic phrase»
A mnemonic phrase is a set of words that helps you remember something important, like a password or a sequence of numbers. It's like a cheat code for your memory. Full definition
For the Ledger Nano S, this means you will be generated a 24 - word mnemonic phrase which is used to create and restore your wallet.
blokt.com
Generates a new empty wallet based on a unique mnemonic phrase (a list of words from its own dictionary).
The researcher goes on to explain that — once installed — the shady copycat requires users to fill in their private key (or 12 - word mnemonic phrase) to log in.
It is also very important to keep a backup of your private key and / or keep the mnemonic phrase required to recover your wallet.
It is also very important to keep a backup of your private key and / or keep the mnemonic phrase
Where will you hide the hardware wallet and the mnemonic phrase?
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This will involve typing in an email address for transaction notifications, and noting down a mnemonic phrase that can be used as a backup in case CoPay is accidentally deleted from your computer.
HD wallets were also created, and they generate an initial phrase known as a seed or mnemonic phrase.
There is fake @myetherwallet on Google Play that requires user's private key or mnemonic phrase to log in.
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There is no need to log in to Rahakott with your e-mail address, telephone number or an username: you simply enter a mnemonic phrase.
Mnemonic Phrase a fancy version of your private key, that is actually used to derive multiple private keys.
When Barterdex app loads, users are given a twelve - word mnemonic phrase and asks you to copy the information like any other private wallet seed.
After writing down the mnemonic phrase, users are greeted with a window that displays a portfolio data, and recently visited markets.
Lee has designed a simplified system that enables a way they can safely distribute the mnemonic phrase between two other trusted individuals or two vaults.
The Safewords system is pretty straightforward and a unique way to safely store a mnemonic phrase for any cryptocurrency that uses 12 - 24 word seeds.