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Contents
- Confirm your Digital Vault setup
- Add an Asset to Digital Vault
- Choose your Wallet type
- Prepare to generate a new Seed Phrase
- Configure and generate Seed Phrase
- Vault12 Guard uses entropy for Seed Phase generation
- Initialize or import Seed Phrase into your wallet
- Name your Asset, and store it in your Vault
- Your Vault distributes a Backup of your Asset to your Guardians
Vault12 Help
How to generate a Seed Phrase with Vault12 Guard.
Here we demonstrate how to generate and store a Seed Phrase in Vault12 Guard for use in initializing your crypto wallet. Once stored, your seed phrase is automatically backed up, and is protected by your chosen Guardians.
August 31 2024
In this guide, we wIll show you how to use Vault12 Guard to generate a new Seed Phrase, and then automatically back it up.
Once that's done, your Seed Phrase can be used to initialize your choice of Wallet.
Before you complete any of these steps, you probably want to check out our Wallet Guides, where we offer guidance in choosing security options for the most popular wallets, including details about how to initialize your wallet or import a Seed Phrase (if supported by that wallet).
To generate a Seed Phrase in the Guard app and use it to initialize your wallet, you will need to complete the following steps:
- Using Guard, create and set up a Digital Vault.
- Add an Asset to your Vault, e.g., "Add Web3 Wallet."
- Still in the app, configure and generate a Seed Phrase.
- Save the Seed Phrase or backup code into your Vault.
After these steps, you can confirm in Guard that your new Asset's automatic Seed Phrase backup was successful.
Confirm your Digital Vault setup
In order to back up a Seed Phrase, you must have a working Digital Vault. If you have not created a Digital Vault and assigned Guardians to protect it, please follow these instructions first.
After you have created a Vault, from Guard's Home screen, add an Asset to your vault by tapping on "Add a Web3 Wallet."
Add an Asset to Digital Vault
Alternatively, you could start from Guard's "My Vault" screen, by tapping the Add an Asset button, or the [ + ] button in the upper right corner, and then choosing Web3 Wallet.
Choose your Wallet type
On the next screen, you will be able to choose the wallet vendor that you are using (or plan to use). By identifying the wallet vendor, it is easy for you to distinguish multiple seed phrases and private keys that you may accumulate in your Vault in the future.
When you select a wallet type, you can choose from all major vendors of software and hardware wallets.
Prepare to generate a new Seed Phrase
For this example, we've selected the Metamask wallet type. To generate a new Seed Phrase, Under "Advanced options," choose to "Generate seed phrase."Configure and generate Seed Phrase
You'll be asked to choose how many words will be in your generated backup code. It's important to note that not all wallets support all of these options, so check your wallet documentation to decide which option is best for you. In general, the more words there are in the seed phrase, the more secure it will be.
Back to our example, our Metamask wallet is ready for a 12-word seed phrase.
Vault12 Guard uses entropy for Seed Phase generation
Once you select the word count, tap on the "Continue" button and Vault12 will start generating your unique seed phrase.
Initialize or import Seed Phrase into your wallet
Once the Seed Phrase is generated, Vault12 Guard will auto-populate the Asset Seed Phrase word-by-word form with your Seed Phrase for Vault storage and backup with Guardians.
Now your new Seed Phrase is ready to enter into your Web3 wallet. (You can use your new Seed Phrase for this now, or create your Web3 wallet at any later time.)
Copy each word from Vault12 into your wallet screen consecutively, and click the checkbox next to each word after it is entered into your wallet to keep track of your progress. Double-check your entries - it is critical to not make an error in this step.
To learn more about Vault12's research into random number generation (on Apple iOS devices in particular), see this blog post on How to get true randomness from your Apple device.
Name your Asset, and store it in your Vault
Once you have entered all of the words and clicked the "Done" and "Continue" buttons, you have the option to give your Wallet's Asset a unique name (otherwise it will be stored with the name of the Wallet vendor chosen before).
If you already set up the Guardians for your Vault, there will be a choice between creating an Asset Backup using your Guardians only, or "Guardian Backup + local copy." Having a local copy might be convenient in case you need regular and prompt access to this seed phrase, however choosing "Guardian Backup only" is more appropriate for cold storage and higher security needs.
Finally, press the "Add to Vault" button, to store the Asset.
Your Vault distributes a Backup of your Asset to your Guardians
After you tap "Add to Vault," the app will bring you to the main "My Vault" screen, showing you the newly added Asset. You can check the status of the backup by tapping on the Asset.
After the Seed Phrase is stored in your Vault, it will be encrypted, split, and distributed to your Guardians. In case you choose not to store a local copy, the asset will be locked after distribution to Guardians is complete.
By default, your Asset will remain locked. To unlock and access your Seed Phrase, check out this article.
Once unlocked, your Asset's Seed Phrase will be temporarily displayed so that you can enter it into a new wallet.
Note: The asset will automatically lock after 2 hours.
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Vault12 Help
How to generate a Seed Phrase with Vault12 Guard.
Here we demonstrate how to generate and store a Seed Phrase in Vault12 Guard for use in initializing your crypto wallet. Once stored, your seed phrase is automatically backed up, and is protected by your chosen Guardians.
add assetadd to vaultautomatically back upconfigure backup codeconfirm digital vaultgenerate backup codeimport walletinitialize walletrandomnessseed phraseunlock assetvault12 dashboardwallet vendorword countcryptocurrencycryptosecuritydigital vaultgenerate phrase trust wallettrust wallet phrase generator
August 31 2024
Inheritance: Get ready today.
Vault12 Digital Inheritance is the first solution to offer a simple, direct, and secure way to ensure cryptocurrency, NFTs, and other Web3 digital assets can be inherited by future generations.
Digital Inheritance enables investors to designate an individual or a mobile device as a guardian that will inherit their entire portfolio of digital assets (seed phrases, private keys, digital art and other secrets) inside a secure digital Vault once the time comes, eliminating undue risk and the need to continually update an inventory or issue updated instructions which result in privacy leakage.
Decentralized Secure Backup.
Designed to be used alongside traditional hardware, software, and online wallets, Vault12 helps cryptocurrency owners, professional crypto traders, and high-net-worth investors safeguard their digital assets without storing anything in the cloud or in fact, any one single location. This increases protection and decreases the risks of loss.
The Vault12 Guard app enables decentralized secure backups, and provides legacy inheritance for all your web3 digital assets, including NFTs, wallet seed phrases, secrets like keys, PIN codes, DAO project keys, and digital art.
Collectors, ensure your Art is protected for the future.
Whether your digital art is suitable for a phone, or represents much higher resolution multimedia, make sure that you have backed up a copy in case the resource link is disrupted in the future. Digital art can easily be added to the Vault either via the mobile app or via the desktop utility. Once you have stored your artwork in your Vault, it will also benefit from inheritance once you activate that in your app.
Creators, do you have creative security?
As a creator, you can use Vault12 to safeguard not just your NFT and crypto wallets but also your original digital artwork. Project creators will always have to deal with multiple wallets - inventory, treasury, as well as future royalty wallets.
Vault12 safeguards your project assets, increasing protection and decreasing the risks of loss whilst ensuring that everything is ready to be passed onto future generations when the need arises. This is creative security.
Learn
Step-by-step guides for setting up your digital Vault and adding assets, inheriting and restoring Vaults. Vault12 Guard helps you inherit and back up all assets stored in your Vault, including Bitcoin, Ethereum, crypto, private keys, seed phrases, digital wallets, and essential home & family data.
Vault12 Digital Inheritance is the first solution to offer a simple, direct, and secure way for all types of investors to ensure that all of your digital assets can be accessed by future generations.
The Vault12 platform provides protection, backup resilience, and security to your digital assets. Vault12 Digital Inheritance enables you to designate a beneficiary (an executor, trustee, or other chosen beneficiary) who can inherit the entire portfolio of digital assets that you choose to store in your Vault. There is no need to continually update an inventory or to issue updated instructions.
Add a legacy contact for your crypto.