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It's possible you've already heard about it. It doesn't matter if it's called Recovery Phrase, Seed Phrase, or 24 Words. Your private keys are solely backed up by your 24-word recovery phrase. Your PIN code is unique to your physical device, but your Recovery phrase is tied to your private key and hence to your funds. Even if you switch to an other device, it remains the same. And if it's detected...
Your Recovery Phrase Of 24 Words
Nov 15, 2022
109 Aufrufe
To process electronic payments, Internet commerce has come to rely almost entirely on financial institutions acting as trusted third parties. While the system is adequate for most transactions, it suffers from the inherent flaws of the trust-based model. Because financial institutions cannot conduct completely irreversible transactions, they are not really possible. Avoid mediating conflicts. The ...
Electronic Payments
Nov 16, 2022
132 Aufrufe
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