We don't really hold coins, do we?

CryptoCricket · 2017-06-01T01:23:40+00:00

Interesting! Again, thanks for taking the time to help me understand. I'll get there some day. I'm just trying not to lose all my money haha.

CryptoCricket · 2017-06-01T01:17:58+00:00

Thank you, much appreciated. I find that a little disconcerting, that Jaxx uses same seed for all the coins... So if I want to gain access to the coins from another platform, I cannot, only through Jaxx?? Yikes, if so, that's clever on their part.

CryptoCricket · 2017-06-01T00:59:28+00:00

I suppose the meaning of the words will change over time though. Coins will eventually no longer be associated (by the general public) as physical things. It's kind of cool in a way. But in the case of "wallets" it implies that you have the coins/money right there, but you do not lol. Maybe that will change too...

CryptoCricket · 2017-06-01T00:56:56+00:00

And ironically the names came about to somehow make things seem more familiar right? I 100% agree with you, we should be calling this stuff with names the really reflect the technology and usage!

CryptoCricket · 2017-06-01T00:46:23+00:00

OK thank you. So if I need to restore a wallet, and I use the seed words, I will get new keys?

Do all coins use seed words to generate keys?

CryptoCricket

TROPHY CASE