Blockchain & Cryptocurrency Glossary

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Recovery Key

1 min read
Pronunciation
[ri-kuhv-uh-ree kee]
Analogy
Like a spare house key kept with a trusted friend for emergencies.
Definition
A backup key or code distinct from the seed phrase, used to restore wallet access under specified recovery schemes (e.g., social recovery).
Key Points Intro
Recovery keys enable backup via:
Key Points

Alternate restore: Used when primary seed lost.

Split secrets: Combined with seed in Shamir or social recovery.

Restricted scope: May only allow recovery, not full control.

Secure storage: Kept separate from main seed.

Example
A Gnosis Safe social recovery uses a recovery key held by a lawyer to restore access if guardians unavailable.
Technical Deep Dive
Recovery key stored as an additional owner in wallet contract with `recover()` permission. On recovery, new owner key set via guardian or recoveryKey signature.
Security Warning
Compromise of recovery key undermines wallet security; store offline in secure location.
Caveat
Loss of both seed and recovery key makes wallet irrecoverable.

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