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Board Development & Technical Discussion
Re: Expected Evolution of Blockchain in the near future? Bitcoin stays on top?
by
BA_Solutions
on 13/12/2017, 21:14:37 UTC
Quote from: Maxnetlabs on December 12, 2017, 12:44:20 PM
Quote from: kaygie on December 11, 2017, 04:13:51 PM
Quote from: Chaka321 on December 11, 2017, 04:10:54 PM
The Lightning network is such an important component in understanding the value of Bitcoin. The Bitcoin network today will just become a backup security system if a payment channel on the lightning network goes wrong. Learn about the future of money as much as you can. This is a great video explaining how it works:

https://www.youtube.com/watch?v=8zVzw912wPo

thanks for ssharing the link to that video I haven't seen it yet an it is really interesting quite help for me but still in doubt about the future of coins.

The future looks bright if we see the current growth of bitcoin and in blockchain technology. The only thing is either both blockchain and bitcoin will keep their value maintain or not


IMO this is not true since Blockchain as an technology has far more applications than digital money(BTC's)has.

i.e. ownership of data
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Topic
Board Beginners & Help
Re: Seed Functionality in restoring wallets
by
BA_Solutions
on 05/10/2017, 14:28:28 UTC
Quote from: BTCGOLD on October 03, 2017, 06:18:35 PM
Quote from: BA_Solutions on October 03, 2017, 08:01:24 AM
Hi Everyone,

Newb here, and orientating around this forum at the moment.

I've read some posts about restoring your wallet by using your passphrase combination in conjunction with seed (words). I'm wondering how does this restoration actually work, and what does the seed do exactly in this process?

Is the seed a (unique) combination of words that, together with your passphrase, provide you all the info you need to restore a wallet on any device? Like seed + password combination?
Or how does this string of information fit in the process? Or how is it used in the process of actually restoring a wallet?

Thanks in advance for any responses.

Cheers




When you had a similar problem you did not need, unfortunately I do not have information on what it depends. If you can handle this problem, tell me how to do it. I am curious that I would like to get some return for recovery.


Not sure what you mean by that but are you strugling with a restore of something? are you trying to restore a wallet with your seed? I guess any problems with it are wallet related.
What wallet/issue are you talking about?
Post
Topic
Board Beginners & Help
Re: Seed Functionality in restoring wallets
by
BA_Solutions
on 03/10/2017, 09:06:43 UTC
Thanks!

I will be taking a a look at that reference url. Does it also happen like this when you have like a 20-word seed collection associated with a hardware wallet?

Post
Topic
Board Beginners & Help
Seed Functionality in restoring wallets
by
BA_Solutions
on 03/10/2017, 08:01:24 UTC
Hi Everyone,

Newb here, and orientating around this forum at the moment.

I've read some posts about restoring your wallet by using your passphrase combination in conjunction with seed (words). I'm wondering how does this restoration actually work, and what does the seed do exactly in this process?

Is the seed a (unique) combination of words that, together with your passphrase, provide you all the info you need to restore a wallet on any device? Like seed + password combination?
Or how does this string of information fit in the process? Or how is it used in the process of actually restoring a wallet?

Thanks in advance for any responses.

Cheers