The BIP-39 standard, or “Bitcoin Improvement Proposal 39,” is a widely accepted system that defines a standard format for creating seed phrases that are sets of words used for crypto-wallets backup and recovery. Those phrases typically consist of 12 to 24 words chosen from a fixed list of 2048 words.
If you lose access to your wallet, you can recover it by entering the seed phrase (aka. mnemonic/recovery/backup phrase) into a compatible wallet application. The app uses the phrase to recreate the keys, restoring access to your funds.
When safeguarding your seed phrase it is only required to record the first 4 letters of each word, as no two words from the wordlist share the same first 4 letters. They are all you need to fully recover your seed phrase.
It is essential to protect your seed phrase. Store it securely and confidentially with VaultKi’s seed phrase storage solution, the first physical blockchain designed for safety.
