Learn about Seed Phrase $MOON Dev (-10 nL) 2 nL 4 nL 8 nL 👍Tip 2 nL To Share and +4 nLEARNs Login with NEAR Q1: What is a seed phrase primarily used for in the context of cryptocurrency? To verify the user's identity To encrypt data on the blockchain To recover all the private keys from your wallet To perform transactions on the blockchain Correct! Wrong! Q2: How does Seed Phrase look like? 4 digit pin code Set of 12-24 English words Weird set of 64 letters and numbers Correct! Wrong! Q3: What is the purpose of splitting a seed phrase into multiple parts and storing them separately? To make it easier to remember the words To prevent unauthorized access by requiring multiple parts to reconstruct the phrase To comply with blockchain regulations To increase internet connectivity issues Correct! Wrong!
