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> was kind of weird already considering that people did have money in it already. Wallets are signing software with various pretty interfaces. Wallets can sign
by landemva 4y ago
> was kind of weird already considering that people did have money in it already.
Wallets are signing software with various pretty interfaces. Wallets can sign messages to access things on-chain. Wallets don't store gold coins actually in the wallet.
Someone testing recoverability can take the recovery phrases and put them in a different wallet on a different continent. Both old and new wallets will show the coins and will be able to sign messages.
- RjQoLCOSwiIKfpm 4y agoOh I was fully aware of that, but nevertheless I do not consider it a wise decision to abandon the wallet development: I would say the probability is 100% that a non-zero percentage of users will not be able to figure out how to migrate to a different software and thus lose their money. Also, as said elsewhere, for the billion dollars they got handed they could at least provide the most basic set of software. If you're a cryptocurrency project that would be a wallet.