Your seed is your private key to your Siacoin balance, and it can also be used to unlock your wallet. The default setting is for your seed to double as your wallet password, but you also have the ability to set a custom password if you’d like. Because your seed is so long, it can function as an effective line of defense against someone gaining unauthorized access to your wallet. This isn’t the whole picture though, and there are other things you should consider before deciding whether to use your seed or a custom password to get in and out of your Siacoin wallet.