One-Time Setup

Definition ∞ A one-time setup refers to a configuration process or initialization step that needs to be performed only once for a system or application to become operational. In the digital asset context, this might involve generating a wallet’s seed phrase, configuring a node for the first time, or establishing initial parameters for a smart contract. Subsequent operations do not require repeating this initial procedure. This process is often critical for establishing foundational security or functionality.
Context ∞ The security and correctness of a one-time setup are frequently discussed in guides and news concerning new cryptocurrency projects or hardware wallet initialization. Errors during this initial phase can have lasting security implications, such as compromised private keys or improperly configured network access. Ensuring a secure and accurate one-time setup is paramount for the long-term integrity of digital asset holdings.