Post
Topic
Board Hardware wallets
Re: Trezor wallet firmware update question
by
Husna QA
on 01/11/2024, 21:20:26 UTC
That being said, you should always have your seed words written down on paper and backed up on metal.
I would highly recommend to anybody with a hardware wallet to practice and verify that they can successfully restore their wallet with their analog mnemonic recovery words backup. I don't know how many users do and practice this actually. Of course you can practice wallet recovery with any wallet you use, it's not limited to hardware wallets.
-snip-

As o_e_l_e_o has suggested in several of his posts,

-snip- You can create multiple wallets, practice writing down seed phrases and restoring from them, practice making transactions between your wallets, notice the difference in size between legacy transactions and segwit transactions. -snip-
-snip-
double check everything, and practice restoring your wallet from your back ups to ensure they are correct.

it's best to do a simulation to practice restoring the wallet using the seed phrase/private key that was previously backed up before actually storing assets in a wallet.

I myself have experienced getting stuck while updating the Trezor T firmware and managed to restore it using the backup seed phrase.