"Not your keys, not your coins!"
The Secret Phrase is VITAL to understand. You need to know this, before doing anything else with your crypto wallet.
Maiar is a non-custodial wallet. That means, the assets that you own in this wallet are actually your own, and Maiar or Elrond have no control over them.
But this means you have the responsibility of keeping your wallet safe; you do that by keeping your Secret Phrase safe.
📜 The Secret Phrase is a unique list of 24 words that is generated with your crypto wallet.
🔑 These words are the key, the password to your wallet. You must never share them with anyone, as anyone who has access to them has access to your wallet.
📲 These words are also vital for restoring your wallet, in case your device gets lost or destroyed. Storing your Secret Phrase in a secure place and not losing access to it, means you can always restore and re-import your wallet in Maiar.
That is mainly the only time you will have to use the 24 words.
⚠️ Elrond & Maiar will never contact you and ask you for your Secret Phrase. Anyone asking you for it is trying to steal your money.
🔐 Do an encrypted backup to iCloud or Google Drive. Also write the words down, in order, and store them somewhere secure, like a safety deposit box.
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⛰️ Abous us:
We are your partner for simplified staking on the Elrond Blockchain.
Carpathian Stake is a team of experienced developers and blockchain enthusiasts who develop decentralized applications and passionately believe that staking should be simple.
By focusing only on the Elrond blockchain we aim to be go-to partner for eGLD staking.
No technical skills, no servers. No problem.
