24 word recovery


[email protected] asked 8 months ago

If the contents Nano S can be resoted with the 24 word phrase , then how does the new nano S recognize the 24 word for restoration ? Where does the sync happen in case of a theft or lost ? I am not clear. Please explain

1 Answers
Steven Hay answered 8 months ago

Hey sappmrsd,
 
OK, so do you know about Bitcoin private keys? If not, this article will explain what they are and how they work:
 

What is a Bitcoin Private Key, How to Use It, Keep it Safe!


 
So your seed phrase is just a private key in a human-friendly format, i.e. words. By using this convenient method to restore your private key into a new wallet, the wallet is given access to all the addresses controlled by the old wallet. There’s no sync which occurs, it’s just a case of being able to spend from those Bitcoin address if you have the private key which “unlocks” them.

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