A list of words that backs up a wallet; it can recreate all keys and addresses.
A seed phrase encodes the entropy used to derive a hierarchical set of keys (BIP39/BIP32). Anyone with your seed controls your funds. Store it offline and never share.
"After reinstalling her wallet app, Maria restores access by entering her 12-word seed phrase, which regenerates her keys and balances."
A sequence of words used to generate and recover a private key, typically 12 or 24 words long.
A cryptographic key used to sign blockchain transactions and derive public keys; ultimate proof of control over funds.
A wallet where you control the private keys, without relying on a third party to hold your funds.
All terms and definitions may update as the Cryptionary improves.