Re: Do I need a wallet on my computer if I have a Trezor or Keep Key ?
I'm trying to understand how these work. From what I understand so far the Trezor or KeepKey contain a "private key" that's used to sign a transaction.
I watched a couple of videos but most just show how the devices operate and don't give a high level view of what each actually does.
Can someone explain to me how this works in a few more words. Does the Trezor or KeepKey generate a wallet address for example. Also I understand if I lose either then I can restore if I know a set of words. But how does that actually work?
I watched a couple of videos but most just show how the devices operate and don't give a high level view of what each actually does.
Can someone explain to me how this works in a few more words. Does the Trezor or KeepKey generate a wallet address for example. Also I understand if I lose either then I can restore if I know a set of words. But how does that actually work?
Here is a link to the Trezor User Manual. You should read it carefully.
rcscholey
If I can figure out how to use a Trezor, you can too.
I may be explaining this poorly, but the Trezor needs to be hooked-up to a computer, but the "real work" (and, hence the secure functions) are done within the device itself.
Once you are set up properly, you can even use the Trezor on an infected computer.
I agree with "BitcoinNewsMagazine", read the instructions carefully! But, you will likely be happy with a Trezor. I am.