Hello everyone! In today's 100 Days Challenge in the crypto world, we will talk about mnemonic phrases, which are key to protecting asset security in the cryptocurrency world. A mnemonic phrase is a simple string of words used to back up and restore your wallet; remembering these words is equivalent to owning your crypto assets. So, what is a mnemonic phrase? How should it be properly stored? What risks should be noted? Let's find out together!
Your Asset Key 🔑
Think of the mnemonic phrase as the 'master key' to your safe; regardless of how many safes you change, as long as you have this key, you can open the world of your assets. Therefore, keeping the mnemonic phrase safe is equivalent to protecting your property.