$59,091.88 2.53%
BTC · 3d

Thought I knew what I was doing...guess I don't.

So my son is dabbling. I explained the concept of a hardware wallet...and the importance of securing seed words. He asked a question I couldn't answer (googling included). How does your wallet 'know' that your seed words represent all your tokens? Let's say you set up a brand new hardware wallet and generate your seed words. A couple of days later you buy n number of tokens on different chains. How do the seed words represent all that? He's concerned (bless him) that they must be stored on a database somewhere. I couldn't give a straight answer...other than my reddit knowledge tells me so.
Go to self.Bitcoin
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