The term mnemonics are often associated with mnemonic phrases that allow digital asset holders to retrieve their lost crypto wallets. Mnemonics comprises a group of 12 to 24 words, that are used in a sequence to retrieve or access crypto wallets.

Mnemonic phrases add another layer of security, acting as a two-factor authenticator while accessing a crypto wallet. Mnemonic phrases are also known as seed extension or seed phrases or simply recovery seed.