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What happens when your hardware fails or is destroyed? Or someone just forces you to give up the info?
by Leader2light 9y ago
What happens when your hardware fails or is destroyed?
Or someone just forces you to give up the info?
- makemoniesonlin 9y agoYou store the seed phrase securely as well somewhere, and if the hardware wallet fails, you can still access your coins.
- fermienrico 9y agoSo then the chain continues: You need another hardware wallet to secure the seed phrase? As someone said earlier in this thread - Hardware wallets are simply another computer that stores your private key. There is nothing inherently different about its "Hardware".
- glitch003 9y agoThe seed phrase is 24 words. You write it on paper, you don't need another hardware wallet to secure it. You can import that seed phrase into any number of wallet programs if you lose your hardware wallet.