Ledger nano s security question | Bitcointalksearch.org

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

Yes. But if you want, you can have additional passphrases in order to protect yourself against theft.

That way even if someone is right there pressuring you to give up information, the majority of your coins could remain safe provided that you protect your privacy.

Quote from: milly.willy on December 13, 2017, 11:44:13 AM

Or the 24 word seed is all they need and they can just create another PIN?

If they want, they can even export the seed to another wallet which is compatible with it and they wouldn't have any PIN at all.

TryNinja

legendary

Activity: 2758

Merit: 6830

If someone steal your Ledger Nano S, they will need either:

a. The PIN to unlock the wallet.
or
b. The seed, so they can reset the device and restore the wallet with it.

If you have the seed, you don't really need the PIN, as you can: reset the wallet, restore it and setup a new PIN.

Quote from: milly.willy on December 13, 2017, 11:44:13 AM

Or the 24 word seed is all they need and they can just create another PIN?

That's right.

milly.willy

newbie

Activity: 5

Merit: 0

Hi,

Just a quick question. If my ledger nano s gets stolen does the theft need to know my PIN AND my 24 word seed to access my coins? Or the 24 word seed is all they need and they can just create another PIN? I was just wonder if they would need PIN AND the seed or just the seed.

Thanks

Topic: Ledger nano s security question (Read 150 times)