bip39 seedphrase

bip39 seedphrase

An additional passphrase that a user can set up as part of a cryptocurrency wallet with their seed phrase. If set up, the user must have the passphrase in addition to the seed words in order to spend cryptocurrency. Increases security in the event a seed phrase is compromised.

Related term: seed phrase

The CryptoCurrency Security Standard (CCSS) has been updated to version 9.0. See the updated CCSS here.

Systems certified under 8.1 are still valid.