Term
Backup
A redundant copy of critical wallet data (seeds, descriptors, keys) stored to recover funds if a device is lost.
Type:
wallet
security
1
definition
Wallet backups often include a seed phrase, passphrase (if used), and sometimes descriptors. Secure storage and periodic recovery tests are essential to ensure funds remain accessible.
2
caution
- Protect backups from theft, loss, and damage (fire/water)
- Keep offsite copies and avoid single points of failure
Related Terms
Seed Phrase
→A list of words that backs up a wallet; it can recreate all keys and addresses.
wallet
security
Extended Public Key (xpub)
→A master public key in HD wallets used to derive many child public keys/addresses without exposing private keys.
wallet
hd-wallet
Shamir's Secret Sharing
→A cryptographic method to split a secret into multiple shares so any threshold subset can reconstruct it.
security
wallet
All terms and definitions may update as the Cryptionary improves.