DefineDeFiWeb3 Glossary

Seed Phrase

A list of 12 or 24 random words that acts as the master password to your crypto. Anyone with these words can access all your funds.

Example

Words like 'apple river mountain...' that you write down and store safely. Lose them and you lose access to your crypto forever.

Related Terms

Core Concepts

πŸ”Common Misconceptions

βœ—Customer support can help me recover my seed phrase
βœ“There is no customer support in decentralized crypto. Anyone claiming to help recover your seed phrase is a scammer.
βœ—12 words is less secure than 24 words
βœ“12 words (128-bit entropy) is already astronomically secure - more combinations than atoms in the universe.
βœ—I should memorize my seed phrase
βœ“Human memory is unreliable. Always have a physical backup, even if you also memorize it.

⚠️Risks & Warnings

  • β€’NEVER enter your seed phrase on any website - 100% of requests are scams
  • β€’Screenshots, photos, and digital copies can be stolen by malware
  • β€’Cloud storage (iCloud, Google Drive) can be compromised
  • β€’Anyone who sees your seed phrase can drain your entire wallet
  • β€’No customer support exists - there's no way to recover a lost seed phrase

πŸš€Getting Started

  • 1Write your seed phrase on paper or metal (fireproof/waterproof)
  • 2Store copies in multiple secure, separate physical locations
  • 3Never type it into any website or share it with 'support'
  • 4Consider a bank safety deposit box for one backup
  • 5Test your backup by recovering to a new device before funding heavily
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