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Seed phrase

12 or 24 words that restore an entire wallet. It is a backup of access; whoever gets it gets your crypto.

Category: Security

Where you see this on charliedesk

The secret code that controls your crypto. Whoever knows the private key owns the coins, so it is never shared.

A hot wallet is connected to the internet, fast but more exposed. A cold wallet is offline (hardware), safer for long-term holding.