A @mnemonic-seed is a set of 25 words that can be used to restore your account anywhere. Keep these words safe and do not share them with someone else. You can use this seed to restore your account, even if your computer crashes.
A @mnemonic-seed is a set of 25 words that can be used to restore your account anywhere. Keep these words safe and do not share them with someone else. You can use this seed to restore your account, even if your computer crashes.
For a lightweight wallet, you give your view key to a node, who scans the blockchain and looks for incoming transactions to your account on your behalf. This node will know when you receive money, but it will not know how much you receive, who you received it from, or who you are sending money to. Depending on your wallet software, you may be able to use a node you control to avoid privacy leaks. For more privacy, use a normal wallet, which can be used with your own node.
Monero is not magic. If you use Monero but give your name and address to another party, the other party will not magically forget your name and address. If you give out your secret keys, others will know what you've done. If you get compromised, others will be able to keylog you. If you use a weak password, others will be able to brute force your keys file. If you backup your seed in the cloud, you'll be poorer soon.
