A Mnemonic Phrase is also called Seed Phrase, Recovery Backup, Recovery Seed, Backup Phrase, Backup Seed, BIP39 Recovery Seed, for a decentralized wallet. It is a list of words and proof of ownership of your crypto assets. Once someone gets hold of your mnemonic phrase, they can practically take full control of your assets.
A Mnemonic Phrase is simply a randomly generated string of English words which, when entered in the right order, allows a user to recover their private key.
A private key grants total control of a cryptocurrency wallet and all the digital assets it contains. If you misplace your private key or your hardware wallet becomes damaged, having a recovery mnemonic phrase (seed phrase) will allow you to regenerate your private key and get your crypto back. Otherwise, without a backup, your chances of recovering your lost coins are pretty slim.
ELLIPAL Joy is your safest way to generator 12/15/18/21/24-word seed phrase, 100% air-gapped offline, random enough and open source.
ELLIPAL Joy Mnemonic Generator is a useful innovative offline device in the ELLIPAL product line for random generation of a mnemonic phrase.
ELLIPAL Joy Mnemonic Generator is a useful innovative offline device in the ELLIPAL product line - The safest and most random way to generate mnemonic phrase.
ELLIPAL Joy is a offline device that generates random mnemonic phrase.
ELLIPAL Joy strictly follows the BIP39 standard mnemonic phrase and allows users to generate 12/15/18/21/24-word mnemonic phrase. It is compatible with most hardware wallets and hot wallets on the market, such as Trezor wallet and trust wallet.
Using the ELLIPAL JOY to create the most secure mnemonics phrases for your wallet is as simple as 3 buttons.
Just select how many words you want your mnemonic to contain and press the button!
ELLIPAL JOY - Secure, Air gapped, random, opensource.
The mnemonic phrase is a private key that is not encrypted. If someone did get hold of your mnemonic phrase, it is equivalent to taking control of your crypto assets.
- Always make sure that the backup mnemonic phrase is correct, proofread multiple times.
- When backing up your mnemonic phrase, we strongly recommend utilizing physical media, such as writing on the mnemonic phrase card or a metallic board such as the ELLIPAL Mnemonics Metal. You can also keep multiple back-ups of it.
- For security, do NOT take photos of your phrase.
- Make sure the mnemonic phrase is kept in the secure offline locations that no one can get hands-on, such as a safe box.
This is a strong metal device used to store important mnemonics words (seed phrase) and ensure that the backup of your wallet is stored for as long as possible.
ELLIPAL Mnemonic Metal strictly follows the BIP39 standard mnemonics allowing users to store 12/15/18/21/24 words mnemonics. It is compatible to most hardware wallets and hot wallets on the market, like Trust Wallet, Jaxx, Exodus, Ledger Wallet, KeepKey, BitBox, Trezor and many others.
1. What is a mnemonic phrase?
A Mnemonic Phrase is also called Seed Phrase or Recovery Backup for a decentralized wallet. It is a list of words and proof of ownership of your crypto assets. Once someone gets hold of your mnemonic phrase, they can practically take full control of your assets.
The Mnemonic Phrase can be generated under different standards. BIP39/44 is the most widely adopted standard in the crypto space. All BIP39 seed words can be found in this list. ELLIPAL fully supports BIP39 standard.
The Mnemonic Phrase can come in different sets: 12 words/set, 15 words/set, 18 words/set, and 24 words/set, depending on how you choose it when you first create a new wallet. The longer the seed is, the more secure it will be.
2. What is Mnemonic generation (BIP39)?
ELLIPAL follows the BIP 39 mnemonic generation rules.
BIP39 describes the implementation of a mnemonic sentence.
It consists of two parts: generating the mnemonic and converting it into a binary seed. The English-language wordlist for the BIP39 standard has 2048 words, so if the phrase contained only 12 random words, the number of possible combinations would be 2048¹² = 2¹³², and the phrase would have 132 security bits.
The first 4 letters of each word be used to complete the full word. You can search your full word via the this link.
3. If I don't have ELLIPAL Joy, can I create/restore an account in ELLIPAL TITAN?
Yes , You can. ELLIPAL Joy is generated on the same principle as ELLIPAL TITAN. This is further proof of the safety level of ELLIPAL TITAN. If you already have ELLIPAL TITAN, you don't have to buy ELLIPAL Joy. If you are using a software wallet or other hardware wallet, why not increase the security level of your mnemonic phrase and address with ELLIPAL Joy?
4. Can the mnemonic phrase generated by ELLIPAL Joy be used in other wallets?
Yes, If the wallet follows the BIP39 standard mnemonic phrase. ELLIPAL Joy generates mnemonic phrase, you can generate addresses on other wallets by mnemonic phrase. Such as Trust Wallet, Trezor Wallet, etc.
5. How many times can mnemonic phrase be generated?
Unlimited number of times.
6. What if I forget the mnemonic phrase when I am generating?
You can regenerate it. We recommend that you prepare your records before generating them.
7.Can mnemonic phrase be stored in ELLIPAL Joy?
ELLIPAL Joy has no storage function. You need to protect it and store it in a secure place. ELLIPAL Mnemonic Metal will become your indispensable product for protecting mnemonics will become your indispensable product for protecting mnemonic phrase.