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Topic: Private Key 🔑 of Ethos and Trust Wallets (Read 96 times)

newbie
Activity: 15
Merit: 0
August 08, 2018, 12:53:56 PM
#2
In the case of Ethos (I presume Trust should work similarly) you may derive your private keys from your 24-word passphrase using a BIP39 recovery tool which can be found here (https://support.ethos.io/support/solutions/articles/35000082707-how-to-use-the-bip39-recovery-tool) and is also provided by other parties independently of Ethos.
Having reconstructed your private keys (run the tool offline for extra security) you could then use them in several other wallets of your choice to access your funds.
newbie
Activity: 38
Merit: 0
Trust and Ethos Wallets have made access to cryptocurrencies easy because it enables one to hold his portfolio on his mobile phone.
However, the private keys are not do obvious. In the event that the companies shuts down (or some unfortunate incident occurs),  how do we get access to the cryptocurrencies we stored in the wallets?
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