Post
Topic
Board Altcoin Discussion
Re: Most newbies don't know this
by
cytpoway121
on 01/02/2023, 18:53:33 UTC
I just found out that even if you open 100 ETH addresses using Metamask, once your key is been compromised all the 100 ETH addresses are gone, but in case of Trust wallet each addresses has different recovery seed ..

If you don't know this before you should know now, please take note, some people are using Metamask multiple wallet addresses and they don't understand the risk involved.

You have missed out on 1 distinct point; since i didn't notice a clear answer in that regard; i will address it here. There is a distinct feature between metamask and trust wallet.

  • For MetaMask, the first wallet you create; you get a 12 word seed phrase, and for subsequent accounts you get a private key that controls each accounts
  • For Trust Wallet, [/b]You can create up to 10 accounts; and for all 10 wallet accounts that you create; you get a distinct 12 different seed phrases for all 10 accounts

So please make sure, as you create more wallets on MetaMask, keep their private keys and store them securely too. Your Seed phrase = Your Money