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What is "private keys" and "seed phrases?

What do you know about "private keys" and "seed phrases"?

They are the "passcodes required to restore your wallet".

It's used to restore your wallet.

As long as you have your private key and your seed phrase

you can restore your wallet at any time.

For example, even if you are chased by the government,
or being exiled from your country,
If you remember the seed phrase in your head
You can restore your wallet.

This is not possible with a bank account, right?

In another word,
If someone have this private key or seed phrase,
they can restore your wallet" with this private key or seed phrase.


So, hackers try to use various methods to steal your wallet's seed phrase.


Once your seed phrase is stolen, you are done.
Your money will fall into the their hands . 

You cannot change it, and you cannot continue to use that wallet.
Continuing to use the wallet is like giving money to a hacker.

If your seed phrase is stolen, you should

immediately move your assets to another wallet.

If you act quickly after the hack,
often avoids having all of your money stolen.

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How about the following case?

"You lost your private key/seed phrase."
Unfortunately, this case means you lost money.

It is on the blockchain, but no one can move it.

Make sure your private keys and seed phrases are properly backed up!
There are many ways to manage your private keys and seed phrases.


Hardware wallet

Paper wallet

Metal wallet

Password management apps


There are many ways to do this.
Also, even family, you can't tell someone "private keys" and "seed phrases".
You should take that secret to your grave.

Crypto is decentralized so nobody can protect you.

Protect yourself.



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