When you create your Blockchain Wallet, a unique master seed is created. of your specific wallet, and is used to derive every individual bitcoin address that to both lock and unlock your wallet — your wallet cannot be accessed without it. The password will let him unlock a small hard drive, known as an IronKey, which contains the private keys to a digital wallet that holds 7, bitcoins. But the cryptocurrency's unusual nature has also meant that many people are locked out of their Bitcoin fortunes as a result of lost or forgotten keys. What happens if my computer crashes, is lost, or stolen? The Importance of a Good Password · FAQ · Getting Started · Buying Crypto.
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