I'm also in a similar situation. Have some IOTA on bitfinex and want to get it off but haven't used the wallet yet. I think I'll wait until the new wallet is out as it is easier to use, there was a blog post about it the other day.
Hopefully someone chimes in with the exact info, but all I know if the IOTA seed is very specific and only allows certain characters and numbers.
Topic: Can someone explain the Iota seed? (Read 244 times)
I want to buy some Iota and to download the wallet and receive coins, you need to generate a seed. Is this the same as a private key for bitcoins?
If that's the private key, then what is the public key? Do we need both for Iota?
Just trying to understand Iota.
Thanks
If that's the private key, then what is the public key? Do we need both for Iota?
Just trying to understand Iota.
Thanks
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