ledger basic 24words | Bitcointalksearch.org

denetci

sr. member

Activity: 490

Merit: 278

Quote from: DWT on October 12, 2017, 08:43:15 AM

Quote from: HCP on October 12, 2017, 07:51:58 AM

You found the website.... so maybe try reading through some of the FAQs in the support section: https://ledger.zendesk.com/hc/en-us/articles/115005214469-Are-my-coins-stored-securely-

Basically, the seed is randomly generated when you initialise the device... it is only ever contained within the device and the only time it is displayed is on the devices screen when you first set it up and confirm it.

It certainly isn't pre-programmed... and everytime you reset/wipe the device you generate a new seed.

Perfectly clear and documented thank you HCP

it is totally safe friend, do not worry. many thanks to our french friends (ledger dev team).

DWT

newbie

Activity: 43

Merit: 0

Quote from: HCP on October 12, 2017, 07:51:58 AM

You found the website.... so maybe try reading through some of the FAQs in the support section: https://ledger.zendesk.com/hc/en-us/articles/115005214469-Are-my-coins-stored-securely-

Basically, the seed is randomly generated when you initialise the device... it is only ever contained within the device and the only time it is displayed is on the devices screen when you first set it up and confirm it.

It certainly isn't pre-programmed... and everytime you reset/wipe the device you generate a new seed.

Perfectly clear and documented thank you HCP

HCP

legendary

Activity: 2086

Merit: 4363

You found the website.... so maybe try reading through some of the FAQs in the support section: https://ledger.zendesk.com/hc/en-us/articles/115005214469-Are-my-coins-stored-securely-

Basically, the seed is randomly generated when you initialise the device... it is only ever contained within the device and the only time it is displayed is on the devices screen when you first set it up and confirm it.

It certainly isn't pre-programmed... and everytime you reset/wipe the device you generate a new seed.

DWT

newbie

Activity: 43

Merit: 0

Yes thank you Omega, I got it ! Yet.. where does this phrase come from ? as it is presented as built-in and Ledger says << PRIVACY : Your private keys are never held or known by Ledger or a third party: they are hard locked in the Secure Element. With Ledger Nano S, your wallet remains decentralized, you are your own bank. >> (re: https://www.ledgerwallet.com/products/ledger-nano-s ) - well! I'm glad to hear this, but must it be beleived on words ?! I can't find any description of the creation of the 'phrase' (is there a random generator inside the key ? or has it been pre-manufactured in Ledger's office before mailing it to me ?)

OmegaStarScream

staff

Activity: 3500

Merit: 6152

The 24 words are a recovery phrase that help you recover your funds in case your hardware wallet got lost or no longer working for some reason. You should keep them safe though, whoever access to these words, have access to the funds.

DWT

newbie

Activity: 43

Merit: 0

Just considering my NanoS just arrived. A question arises. There is a 24wordsSecretPhrase preset .. who? or what did created it ?

Topic: ledger basic 24words (Read 416 times)