u/Mirrormaster85

▲ 6 r/TREZOR

Opinion: if you know what you are doing, storing the Wallet backup/recovery seed digitally can be a better solution than writing it down.

Dont get me wrong, I understand that for a lot of users the best option to not loose their crypto is to write it down and put it in a safe.

But, a physical copy can be stolen, damaged, destroyed or get lost.

So, for me personally, I think that storing the 20 words in an (offline) password manager (like a Keepass database) or a Veracrypt file that is only used for the seed and has 2FA and then properly backing up that file is much safer then writing it down and putting it in a few 100 dollar safe in my house.

As long as I make the initial file where I store the seed on a computer that is safe and use a proper backup strategy (encrypted on your NAS, on your person and in 2 different cloud locations), the chances of the seed getting stolen or lost is much smaller then when keeping it in your house?

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u/Mirrormaster85 — 4 days ago

Using the 12-word seed in another wallet doesnt work? (Atomic). I guess it should since its BIP39?

Since Exodus is supposed to use a BIP39 seed that generates all the private and public keys I decided to generate a wallet inside Atomic wallet (it supports Midnight coin) using my 12-word seed from Exodus.

No crypto showed up and when I generated receive addresses other addresses where generated than in Exodus?

Shouldn't they be the same when generated from the same seed? I would like to be not reliant on Exodus but be able to use my seed with other wallet software as well.

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u/Mirrormaster85 — 5 days ago

My ETH withdrawal has been pending since April 11th, dont get a reply on my support tickets

According to the bot the account is in the process of being closed however the app or website doesnt show anything. We are talking about €2500,- in Etherium. Who to contact or what to do? Thanks

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u/Mirrormaster85 — 5 days ago