The passphrase is a type of secret word optionally offered by some Bitcoin and digital currency wallets. Learn about its advantages, and disadvantages, and how to configure your own!
In Bitcoin, securely storing your coins is of utmost importance. One mechanism to add an extra layer of security is the “passphrase.”
But what exactly is a passphrase? How does it differ from a seed? How is it different from other wallet passwords, and how can you add this extra protection to your Bitcoin wallet?
That’s what you’ll find out in this article.
Let’s dive in!
Passphrase vs multisig which is better?
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The answer to this question is in the article 🤠
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Found it
In summary, while multisigs offer greater security than passphrases, a passphrase is easier to set up and use, and it also provides more privacy in transactions on the network.
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Well now I will read it haha
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Passphrase is nice until you pass on. Hopefully you have set everything up for the transfer at that point.
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There is always a dilemma...secure your funds while you are here or make it easier for your family to access the funds when you are gone.
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very low security lol
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