Mnemonic Phrase
By CoinGecko | Updated on Mar 03, 2020
A mnemonic phrase (also known as mnemonic seed, or seed phrase) is a list of words used in sequence to access or restore your cryptocurrency assets. It should be kept secret from everyone else. It is a standard in most HD wallets.
Related Terms
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Individuals who are passionate about Bitcoin, and are dedicated in spreading knowlege about Bitcoin
Do Your Own Research (DYOR)
An advice for investors to do their own research on the coins they wanted to invest in
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
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