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Blockchain & Web3
Q17 / 100
What is a "seed phrase" (mnemonic phrase) used for in crypto wallets?
Correct! Well done.
Incorrect.
The correct answer is A) A sequence of words that can be used to derive and restore a wallet's private keys
A
Correct Answer
A sequence of words that can be used to derive and restore a wallet's private keys
Explanation
A seed phrase encodes the master private key data in human-readable words, allowing a wallet to be backed up and restored on any compatible device.
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