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RE: The Only Bank I’ll Ever Need (or so I hope 🤞)

in #crypto7 years ago
  1. Can you explain what the 24-word Recovery Seed is?

  2. Do you mean a key (that's 24 letters long)?

  3. And if it's a standard, random mix of letters and numbers, won't you lose access to that key if it's stored on the Ledger, and you depend on the Ledger for your keys?

I would like to see recovery options in place, much like Steem has a recovery system in place. That's the major thing that is keeping me away from other cryptocurrencies.

If you cover other cryptocurrencies, their strengths, and made comparisons with Steem, it would help me discover if my biases are correct, or if I'm just blind.

Thanks for all that you do.