Post
Topic
Board Hardware wallets
Re: [ESHOP launched] Trezor: Bitcoin hardware wallet
by
cor
on 23/02/2016, 12:33:58 UTC
The Bitcoin Report interviewed me about TREZOR, it may be interesting for people new to bitcoin or not familiar much with Trezor or the concept of a hardware wallet.

I'm explaining the basics of Trezor security and mentioning new developments & plans for the future, e.g. TREZOR Password Manager.

https://youtu.be/YbrBJbBQR0k

Does your recovery seed still work if you generate new addresses/ accounts all the time?

Of course. The recovery seed is a representation of the master private key from which all subsequent new addresses /keys are generated. This is the main advantage of a hierarchical deterministic wallet - whenever you reconstruct the wallet from a backup, you get the same tree structure of private keys..



Also what happens if Satoshi labs goes out of business and the web page goes down?


http://doc.satoshilabs.com/trezor-faq/threats.html#what-happens-if-the-satoshilabs-shuts-down