Shamir’s Secret Explained: Distributing a Seed Phrase Into Multiple Parts

When an individual first joins the cryptocurrency economy and obtains their first bitcoins, at times the process can be daunting. Most veterans will often tell newcomers that they need to secure their coin’s private keys in order to enjoy sovereign ownership. However, most people are not taught how to keep their 12-24 word seed phrase in another useful way by utilizing a method called “Shamir’s Secret.”

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