[jtwebman]

Is this not how crypto wallets work as well for at least most of them they come from seed phrases.

[mhluongo]

New seed phrases are typically 12-24 randomly generated words, not user provided... and when you need to "change a password" in a crypto wallet, you can generate a new private key and move funds.

Check out BIP-39 [0] for more details.

[0] - https://github.com/bitcoin/bips/blob/master/bip-0039.mediawi...