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Seed

By CoinGecko | Updated on Mar 03, 2020
Seed (or seed keys / phrase) are used in deterministic wallets to allows users to easily remember, backup, and restore a wallet. This scheme is used in most bitcoin wallets that implement BIP 32.

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Related Terms

Cryptocurrency Act of 2020
The Cryptocurrency Act of 2020 is a bill which aims to clarify which federal agencies would regulate which type of crypto assets.
Hashrate
Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time.
Leverage
It is an investment strategy to gain potential return of the investment by borrowing the money
Central Ledger
Central data repository of a company or bank
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