mnemonic phrase

A mnemonic phrase is a set of words that is used to restore access to a cryptocurrency wallet. It is a kind of password or key that allows you to access funds on the wallet. Mnemonic phrases are used in various blockchains, such as Bitcoin, Ethereum, and others. How does a mnemonic phrase work? When you create a cryptocurrency wallet, you are provided with the mnemonic phrase. This phrase consists of 12 or 24 words that are randomly selected. These words represent a "compressed" form