Tag: seed
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SLIP39: An Easy and Powerful Way to Secure Your Wallet Backup
When you hold bitcoin in self-custody, your backup is the master key to your wallet. It represents all your private keys and allows you to restore access to your funds if your device is lost, damaged, or inaccessible. Most wallets today use the BIP39 standard, which generates a 12 or 24-word seed phrase to secure…
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What are BIP 39 seed phrases?
The Bitcoin Improvement Proposal or ‘BIP’ 39, was introduced in 2013 with the aim of creating a common standard for easy and safe wallet backups. Today, almost every Bitcoin wallet is compatible with BIP 39 seed phrases, and as such it is important for users to understand what they are and how to use them.…
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How can BIP 39 passphrases help secure your bitcoin?
Passphrases are a feature of BIP 39, the standard that describes how to convert raw wallet seeds into easy to read seed phrases. What is a passphrase? A passphrase is an extra word used to encrypt your BIP 39 seed phrase. This ‘word’ can be any string and may contain lower or upper case letters,…
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