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Walley protects your wallet through two distinct credentials: a passkey and a recovery phrase. Understanding what each one does, how each one is stored, and what to do if either is lost is essential to maintaining access to your funds. Because Walley is non-custodial, no one else holds copies of these credentials — their security is entirely your responsibility.
If you lose access to both your passkey and your recovery phrase, your wallet access is permanently and irrecoverably lost. Walley has no mechanism to restore it.

Your Two Credentials at a Glance

PasskeyRecovery Phrase
What it isA device-bound cryptographic key using the WebAuthn standardA 24-word BIP-39 seed phrase tied to an Ed25519 key pair
Where it livesInside your device’s secure hardware enclave; bound to a specific deviceWritten down by you and stored offline; generated client-side
How you use itBiometric (Face ID / fingerprint) or device PIN to authorize wallet actionsUsed together with your Party Hint to restore wallet access when your passkey is unavailable
Can it be extracted?No — browser-side signing keys are non-extractable within the active browser contextNo — generated and imported entirely client-side; never transmitted to Walley’s servers
What it protectsDay-to-day wallet access and transaction signingUltimate backup; the only recovery path if your passkey device is lost
If lostUse your recovery phrase to regain accessCannot be regenerated — if lost along with your passkey, access is permanently lost

Your Passkey

A passkey is a WebAuthn credential stored in your device’s secure hardware. When you authenticate to Walley, your device uses your biometric or device PIN to unlock the passkey and sign the authentication challenge — your biometric or PIN never leaves your device.

How passkeys work

  • Device-bound: Your passkey is tied to the specific device on which it was created. It cannot be extracted, copied, or transferred.
  • Non-extractable: The private key material within the passkey is held inside the device’s secure enclave and cannot be read by the browser, Walley’s servers, or any other application.
  • Biometric or PIN authorization: Approving wallet actions requires your biometric or device PIN — adding a physical layer of protection even if someone else has access to your device.

What to do if you lose your passkey device

1

Locate your recovery phrase

Retrieve the physical copy of your 24-word recovery phrase from wherever you stored it safely.
2

Open Walley on a new device

Navigate to the official Walley application on your replacement device.
3

Select 'Restore Wallet'

Choose the recovery option on the new device. Enter your 24-word recovery phrase and your Party Hint when prompted — both are required to complete recovery. This creates a temporary session on the new device.
4

Register a new passkey

Once restored, register a new passkey on the replacement device so you can resume normal, biometric-protected access.
Recovery via your phrase establishes a temporary session only — the recovery phrase will be required again for each subsequent session until a new passkey is registered. Register a new passkey promptly after restoring access to return to full security.

Your Recovery Phrase

Your recovery phrase is a 24-word BIP-39 mnemonic that encodes the Ed25519 key pair underlying your wallet. It is generated entirely within your browser — it is never sent to Walley’s servers or stored anywhere outside your control.

How the recovery phrase works

  • Client-side only: Generation and import happen exclusively in your browser. Walley never transmits or stores your phrase.
  • The ultimate backup: It is the only credential that can restore access to your wallet when your passkey is unavailable.
  • Requires your Party Hint: Recovery requires both your 24-word phrase and your Party Hint — a short identifier tied to your on-ledger party. You will need both at the time of recovery, so store them together.
  • Creates a temporary session: Using your recovery phrase grants access for the current session only. You must register a new passkey or re-enter the phrase for each subsequent session.
  • Full wallet access: Anyone who holds your recovery phrase has complete access to your wallet and funds. Protect it accordingly.

How to store your recovery phrase safely

1

Write it down immediately

When your phrase is generated, write all 24 words on paper — in the exact order shown — before closing the screen.
2

Record your Party Hint alongside the phrase

Note your Party Hint on the same paper as your recovery phrase. Both are required to restore access — keeping them together ensures you have everything you need in an emergency.
3

Store it offline

Keep the written phrase and Party Hint entirely offline. Do not photograph them, type them into any app, or store them in any digital format.
4

Secure the physical copy

Place your phrase and Party Hint in a fireproof safe, safety deposit box, or another secure location only you can access.
5

Consider a second copy in a separate location

A duplicate stored in a different secure location protects against fire, flood, or physical theft at a single site.
Never share your recovery phrase with anyone — including Walley support. No legitimate service will ever ask for it. Treat any such request as a phishing attempt.

Credential Loss Scenarios

You can restore access. Navigate to the Walley app on a new device, select Restore Wallet, and enter your 24-word recovery phrase together with your Party Hint when prompted. After restoring, register a new passkey on the replacement device immediately.
You can continue to access your wallet normally using your passkey. However, you have lost your only recovery option. If you subsequently lose your passkey device, access will be permanently lost. Generate and securely store a new backup as soon as possible — consult the Walley interface for guidance on backing up your phrase.
Access to your wallet is permanently lost. Walley is non-custodial and holds no copies of your credentials. There is no recovery path, no support escalation, and no technical mechanism that can restore access. This outcome is irreversible.
Treat this as an active security emergency. If possible, immediately move your assets to a new wallet whose credentials only you control. Do not delay — anyone with your phrase has full access to your funds right now.

Summary

  • Passkey = your everyday credential, device-bound and non-extractable.
  • Recovery phrase = your backup, offline-only and never shared.
  • Both lost = permanent, irrecoverable loss of wallet access.
Keep both credentials secure, independent, and never digital. You are your own security.