{"id":19195,"date":"2024-12-04T17:29:05","date_gmt":"2024-12-04T15:29:05","guid":{"rendered":"https:\/\/forklog.com\/en\/phantom-wallet-simplifies-onboarding-by-eliminating-seed-phrases\/"},"modified":"2024-12-04T17:29:05","modified_gmt":"2024-12-04T15:29:05","slug":"phantom-wallet-simplifies-onboarding-by-eliminating-seed-phrases","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/phantom-wallet-simplifies-onboarding-by-eliminating-seed-phrases\/","title":{"rendered":"Phantom Wallet Simplifies Onboarding by Eliminating Seed Phrases"},"content":{"rendered":"<p>Phantom developers have introduced a feature allowing users to create a cryptocurrency wallet using just an email address and a four-digit PIN.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">It\u2019s never been easier to onboard your friends and family to crypto.<\/p>\n<p>Starting today, new users can sign up for Phantom with just an email and a 4-digit PIN. <a href=\"https:\/\/t.co\/aUHx0QQkKw\">pic.twitter.com\/aUHx0QQkKw<\/a><\/p>\n<p>\u2014 Phantom (@phantom) <a href=\"https:\/\/twitter.com\/phantom\/status\/1864023040813842437?ref_src=twsrc%5Etfw\">December 3, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to them, recording or memorizing a seed phrase when creating a new wallet is a lengthy and confusing process for most people.<\/p>\n<p>To avoid inconvenience, users sometimes resort to potentially risky actions, such as taking a screenshot of the secret word combination. A piece of paper with notes can be lost along with access to the wallet.<\/p>\n<p>Instead, Phantom has opted to follow the path of many traditional Web2 services by implementing registration via email or through Google and Apple accounts. A four-digit PIN is used to access the wallet.<\/p>\n<p>The feature is <a href=\"https:\/\/phantom.app\/learn\/blog\/deep-dive-log-in-to-phantom-with-email\">built<\/a> on a non-custodial key management protocol. The seed phrase has not disappeared; it is hidden from the user and stored locally on their device. Backups of the phrases are kept on Phantom&#8217;s servers in encrypted form, and key backups are distributed among Juicebox network participants.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cNo party, except the user, will ever be able to recover the seed in decrypted form,\u201d the developers emphasized.<\/p>\n<\/blockquote>\n<p>The feature is already available in Phantom applications.<\/p>\n<p>Back in November, some users of the Phantom app for iOS lost access to tokens due to an update.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Phantom developers have introduced a feature allowing users to create a cryptocurrency wallet using just an email address and a four-digit PIN. It\u2019s never been easier to onboard your friends and family to crypto. Starting today, new users can sign up for Phantom with just an email and a 4-digit PIN. pic.twitter.com\/aUHx0QQkKw \u2014 Phantom (@phantom) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1480,57],"class_list":["post-19195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-apps","tag-wallets"],"aioseo_notices":[],"amp_enabled":true,"views":"91","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19195"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/19194"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}