Creating a Wallet
Last updated
Last updated
There are three ways to create a in All For One™:
Each method has its own set of pros and cons. Be sure to pick the method that's right for you.
You can generate a wallet with a backup, the current de-facto standard.
Pros:
Very secure when managed properly
Most common method to create and manage self-custody wallets
Familiar and well understood by crypto veterans
Relatively easy to get started
Cons:
Confusing for those newer to crypto
Seed phrase mismanagement can lead to a total loss
Without a backup, wallet is non-recoverable in the event your device is lost, damaged, or stolen
You can generate a wallet with a backup of multiple shares using the (SSS) algorithm which, when partially recombined, can be used to recover your wallet.