MultiversX Tracker is Live!

Does restoring a seed on a hardware wallet have any impact on existing hardware wallets using the same seed?

Bitcoin Reddit

More / Bitcoin Reddit 95 Views

Hi there,

My paranoia is kicking in and I need confirmation from the community.

Let's say hypothetically I have a 2 of 3 multi sig wallet set up with 3 hardware wallets and 3 seeds across 6 locations that I cannot access right now.

I want to generate a single sig receive address for each of the 3 wallets and send a dummy amount of bitcoin to them so I can watch if any of them get compromised.

Am I ok to purchase a 4th hardware wallet, restore the seed from my memory for each wallet one by one with the new device, wiping it each time, in order to obtain 3 receive addresses to send the dummy bitcoin to?

Thank you

submitted by /u/InterestingTooth675
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments