What is the so-called “25th word”?
If you enter the extra password incorrectly, the wallet won’t show an error—it will simply open another empty wallet.
BIP-39 supports setting an optional password (passphrase) in addition to the recovery phrase, often called the “25th word.”
The most important thing to keep in mind when managing your funds: if you’re not confident you can manage two backups properly, an extra password can actually increase the risk of losing your coins. Use one only if you’re up to the task.
$BTC 73442.53 (-1.86%)
If you enter the extra password incorrectly, the wallet won’t show an error—it will simply open another empty wallet.
BIP-39 supports setting an optional password (passphrase) in addition to the recovery phrase, often called the “25th word.”
The most important thing to keep in mind when managing your funds: if you’re not confident you can manage two backups properly, an extra password can actually increase the risk of losing your coins. Use one only if you’re up to the task.
$BTC 73442.53 (-1.86%)