Brain Wallet

A brain wallet is a term used to describe a crypto private key or seed phrase that is committed to memory by its owner. This approach allows users to safeguard their assets against online hacks and physical theft. However, relying solely on brain wallets can be risky, as there is a possibility of forgetting or losing the key or phrase, particularly in the event of the owner’s passing. It is generally recommended not to solely depend on brain wallets as a secure method of storing cryptocurrencies.