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The passphrase is twelve random words generated by the wallet. All private keys used to prove ownership of funds and make transactions are generated based on this secret phrase. The phrase will help restore access to the account if the device is lost or broken.

It is important to keep the passphrase completely secure because anyone who gets hold of it will be able to steal funds by entering it on your device. It is NOT recommended to store it by any digital means, such as:

• A text file on a computer;
• a draft on an email;
• file sharing;
• cloud storage;
• image;
• a flash drive or other storage device.

Anything on the Internet can be hacked. The best solution is to write down the phrase manually on paper or print it out.

It is advisable to have several copies hidden in different places – this will reduce the risk of loss in a fire or flood. Check several times that you have not made any spelling mistakes and have written down the words exactly in the order in which they were given.

The wallet does not store the mnemonic phrase on its servers, it is stored in encrypted form on the mobile device where it is installed. This gives the owner of the private keys full control over their funds. It also gives a security guarantee in case the servers are hacked – an intruder will not find any information there that gives access to the user’s coins.

This imposes a certain responsibility on the user: if he loses the secret phrase and loses the phone or forgets the password, he can never regain access to the coins.