BIP 39 stands for Bitcoin Improvement Proposal 39.
When you hear BIP 39, think of mnemonic phrases or seed phrases. It's either you choose to think of mnemonics or you choose to think of seed phrases.
Initially for Bitcoin, BIP 39 was and still is a proposal, as the name suggests, outlining the standards for creating and backing up a cryptocurrency wallet using a mnemonic (memory-friendly) phrase. That's a definite definition.
Think of it as a strategy to ensure that private keys are easily stored and easily committed to memory if need be.
2
3 reads
CURATED FROM
IDEAS CURATED BY
Web3 Tutor⛓️ Demo Trader🩺 Web3 Hacker In-view♟️ Dr. In-view🥋 Web2Web3 Researcher☯️ CowryWise & Bitget Ambassador🫂 SMM (GIDA)🕺 News Writer (DiutoCoinNews)🛡️ Cover Enthusiast🦯
I asked someone to write about it so that I can learn it, but he didn't, so I did.
“
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates