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'''The [[private key]]''' provides access to only one specific address of the coin, while the '''seed-phrase''' gives full control over all addresses of [[coin]]s that were generated in the wallet. In simple words, the seed phrase contains all the private keys from all the addresses in the wallet at once. The process of extracting a private key from a seed-phrase is quite simple. '''Keep your seed-phrase in a safe place!''' If someone gets access to it, it is equivalent to losing the wallet. Besides, you can’t change it. | '''The [[private key]]''' provides access to only one specific address of the coin, while the '''seed-phrase''' gives full control over all addresses of [[coin]]s that were generated in the wallet. In simple words, the seed phrase contains all the private keys from all the addresses in the wallet at once. The process of extracting a private key from a seed-phrase is quite simple. '''Keep your seed-phrase in a safe place!''' If someone gets access to it, it is equivalent to losing the wallet. Besides, you can’t change it. | ||
== See also == | |||
* {{l|https://decimalchain.com/blog/seed-phrase-education/|Seed-phrase education on Decimal official blog}} | |||
[[Category:Commoninfo]] | [[Category:Commoninfo]] | ||
[[Category:Crypto security]] | [[Category:Crypto security]] | ||
{{interwiki|ru=Seed-фраза}} |