What is the commonly mentioned “25th word”? Many people can’t explain it!
Many hardware wallets offer an optional passphrase feature, allowing you to switch between several wallets on the same device using different passphrases.
The purpose of a passphrase is that even if someone gets hold of your recovery phrase, they still can’t access the wallet that actually holds your assets without knowing the passphrase.
Don’t put all your funds into a single project.
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