Template:Prevention:Individual:Keep Multiple Backups: Difference between revisions
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Ensure that more than one copy of your seed phrase is kept, and that each copy is in a distinct location. For example, you may keep a backup copy in a bank vault. A common scheme is to split the 24 word seed phrase into 3 sets of 16 words each, such that any two of the sets are needed to unlock the wallet. | |||
Revision as of 23:26, 9 April 2023
Ensure that more than one copy of your seed phrase is kept, and that each copy is in a distinct location. For example, you may keep a backup copy in a bank vault. A common scheme is to split the 24 word seed phrase into 3 sets of 16 words each, such that any two of the sets are needed to unlock the wallet.