Author

Topic: Multiple - Hardware Wallet Question (Read 186 times)

legendary
Activity: 2926
Merit: 1386
February 12, 2018, 01:11:16 PM
#8
Can you have two, or three wallets synced up. Example: One on my desktop, one on my work, one on my mobile. Or would you have to send your coins to each wallet so they all have their own balances.

As this question is posed in the title it appears to be a question directed toward "hardware wallets."

As it is posed in the text it is simply "wallets," and appears to relate to software wallets. Since we don't sync hardware wallets with phones.

There are two cases of stand alone software wallets.

(A) where a seed word sequence is used by the wallet to generate all key permutations
(B) where seed words are not used in such a fashion or are not used at all

In the case of (A) you could run into issues where not all of the pieces of software are updated at exactly the same time. Note it may not be your fault; PC software updates are released but not the Android, it's delayed.

There is a further category which is "on-line wallets" such as coinbase. Here if you have logged in to the PC or the phone app everything should be the same exactly.

Also for (A) you lose the identical nature of the database if you import private keys to one of the machines and not the others. Importing keys will cause divergence.

In the case of (B) the two wallets will diverge and will not "sync."

Multiple devices likely increases risk exponentially.

legendary
Activity: 3234
Merit: 5637
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February 10, 2018, 06:00:04 AM
#7
Can you have two, or three wallets synced up. Example: One on my desktop, one on my work, one on my mobile. Or would you have to send your coins to each wallet so they all have their own balances.

If you have hardware wallet then you can use it wherever you want,your private keys are never exposed.So if you have Ledger hardware wallet you can use it at home,on your work or at your friends PC-just start Chrome and use Ledger Bitcoin Wallet app.There is no need to expose your seed and install any additional wallet.
member
Activity: 140
Merit: 35
February 09, 2018, 04:11:58 PM
#6
In addition to what others have already said - if you want to have an all-around solution accessible form anywhere and from any device, you could just as well settle with getting two hardware wallets and importing the same seed to both. You can keep one at home as a backup and just carry the 2nd one around with you.
Jsu
newbie
Activity: 33
Merit: 0
February 09, 2018, 03:11:09 PM
#5
Thanks for the info. Cheers
member
Activity: 114
Merit: 26
Z
February 09, 2018, 02:34:10 PM
#4
Right now I have one on my desktop and backed up on my USB.

Wondering if I go ahead and install a wallet on a different computer and use the backup file will it be synced? Can they stay synced or is it better practice to just sent a coin to a new wallet on my other computer.

If you use the backup file, or seed, or private keys from the original wallet when creating another, they will be clones and will always be synced. A wallet does not hold your coins (the blockchain does), it holds the keys, and you will simply make a copy of them. However, this increases the risk - a successful attack on any of these wallets would provide full access to all coins.
Jsu
newbie
Activity: 33
Merit: 0
February 09, 2018, 01:46:06 PM
#3
Right now I have one on my desktop and backed up on my USB.

Wondering if I go ahead and install a wallet on a different computer and use the backup file will it be synced? Can they stay synced or is it better practice to just sent a coin to a new wallet on my other computer.
staff
Activity: 3500
Merit: 6152
February 09, 2018, 01:41:35 PM
#2
You want to have a hardware wallet sync'd with desktop and mobile? that's definitely possible by using the same seed in your different devices but note that this defeats the whole purpose from using a HW in the first place, your private keys will be exposed to malwares on the phone/computer.
Jsu
newbie
Activity: 33
Merit: 0
February 09, 2018, 01:29:48 PM
#1
Can you have two, or three wallets synced up. Example: One on my desktop, one on my work, one on my mobile. Or would you have to send your coins to each wallet so they all have their own balances.
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