If seed phrase not important why make it so much entropy. Seed phrase long passphrase short (multi words but still memorable) makes more sense
A passphrase is still a multi-signature, but much easier to manage, and you should treat its backup in the same way as a multi-signature.
Multi-signatures are overrated and passphrases are underrated.
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Discussion
Where am I saying that the seed is unimportant?
My apologies my friend, the part saying we donβt have to worry about seeds got stolen gave me that impression. We definitely should worry if seeds got exposed whether we use passphrase or not.
Don't worry π, you're right that it's poorly worded. What I meant to say is that if you don't have a passphrase and someone steals your seed, it's game over.
A strong passphrase of more than 128 bits completely mitigates this. Obviously, you'll have to change your seed.
I agree passphrase is underrated, everyone should use un-passphrased wallet as a fake account and leave some shitcoins there.