Mnemonic Phrase
A mnemonic phrase is a series of words that you can use to recover or access your cryptocurrency wallet.
More terms under M
- Mining as a Service (MaaS)Mining as a Service (MaaS) lets people pay to use mining hardware owned by companies, so they can earn cryptocurrency without having to buy or maintain the…
- MinnowA minnow is someone who has a small amount of money invested in cryptocurrency.
- MintingMinting is the process of creating new coins and adding them to the market, often using a method called proof-of-stake.
- MnemonicsMnemonics are memory tools that use letters or associations to help you remember things. In cryptocurrency, this often refers to a mnemonic phrase, which is a…
- Mobile WalletA mobile wallet is an app on your phone that lets you store, send, and receive cryptocurrency.
- Modular Proof VerificationModular proof verification is a method that allows a separate service to check the accuracy of zero-knowledge proofs (ZK proofs), which are complex and costly…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.