The Crypto Password Recovery Process

Any crypto investor's main goal is to keep their hard-earned coins secure while retaining sole access to their assets. Hence, cryptocurrencies are attached with various security features such as private keys and mnemonic passphrases to secure digital assets. The main concept behind blockchain technology is increased decentralization of the system. This means that in most instances, the coin holder has sole custody of the password features and thus sole access to their assets. So what happens when one loses their…