Post
Topic
Board Mycelium
Re: Mycelium Bitcoin Wallet
by
Michail1
on 30/05/2017, 13:36:39 UTC

Good point Smiley
So... should I create a new wallet and back up the seed on a piece of paper?

Still, a person would require my pin code to do transactions, isn't it?


Since your 12 word seed has been online (on your computer), then I would say yes.  I suggest you make another and write it down and put it into a safe.

The pin only blocks a person from getting into the app on that phone.

So, if I knew your seed, I could then restore on my phone.  The PIN is bypassed at that point.
Special note:  The iOS version doesn't even have a pin.  So, those users are even less secure.