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> With an HD wallet you get a 24 word seed (see BIP39) and if anything ever happens to the wallet you just buy a new one and restore from the seed. You can do
by 6nf 9y ago
> With an HD wallet you get a 24 word seed (see BIP39) and if anything ever happens to the wallet you just buy a new one and restore from the seed.
You can do exactly the same with paper wallets, for what it's worth. Think of the paper wallet as you hardware wallet's backup. Store it securely in 2 places and you're ok.
- pmorici 9y agoPaper wallets expose your key though because you need to use a computer and printer to generate and create them.
- txcwpalpha 9y agoYou've never heard of using a pen?
- quickthrower2 9y agoYou can also use dice. Just throw a few dice into a tray and keep them facing the same way. Put them in a safe.
- Ecio78 9y agoThat's fine for storing, the problem is that you need the key to sign any tx, so if you just have the paper wallet you need to import it to a computer or mobile device each time you need to do it while if you have an hw device the key never leaves it