Custody & Safeguarding
Seed Phrase
A human-readable representation of a private key (typically 12 or 24 words) — losing it loses access to the wallet.
Definition
A seed phrase (or recovery phrase) is a sequence of 12 or 24 dictionary words that encodes a private key. BIP-39 standard. Losing the seed phrase loses access to the wallet permanently; sharing it transfers control. Used for self-hosted wallet backup.