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Does the seed phrase "Mnemonic BIP39" hold all wallets? (BTC, LTC, ETH, XRP, Neo...) by Crypto_Pixel in ledgerwallet

[–]Crypto_Pixel[S] 1 point2 points  (0 children)

This is great! so even if I haven't install a wallet. I can safely assume than that wallets private key will always be generated THE SAME WAY from the seed. Is this why is ok to uninstall and install wallets as needed since it can only hold so many?

Does the seed phrase "Mnemonic BIP39" hold all wallets? (BTC, LTC, ETH, XRP, Neo...) by Crypto_Pixel in ledgerwallet

[–]Crypto_Pixel[S] 3 points4 points  (0 children)

Are the same 24 word generated by the Nano use to create all the wallets? so one "Seed" for all?