Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Re: How to know whether the wallet is deterministic wallet or not?
by
TryNinja
on 27/05/2019, 13:58:05 UTC
⭐ Merited by pooya87 (1)
I do not know much just in learning stage so, clearing my doubt. Blockchain.info was a non deterministic and I read that passphrase also introduce risk of loss when both of these disadvantage are there in Blockchian.info why were or are users using it. Does it have some positive side as well?

Sorry, if I have miss understood.
Are you asking why people use Blockchain.info? It’s used by users who don’t know much and prefer a simple web interface (that can be accessed anywhere) at the cost of the most security other wallets may offer.