Quote from: naska21 on November 02, 2019, 09:17:35 AM

Quote from: Tibu on September 04, 2019, 02:11:58 PM

snip

Looked through the wallet's features and this raised two questions: a) whether it has the ability to generate new addresses after each spending or it possesses only one address that circulates inside? b)what can you tell about backuping?

Hello,
Here is some clarifications regarding your questions:
a) yes, the satochip wallet is fully BIP32 compliant (Hierarchical Deterministic Wallet). A new address is generated after each spending. This is done through the Electrum wallet client (using the satochip plugin). From the user perspective, it works exactly as with a classic electrum wallet, except that the keys are stored securely on the smartcard.
b) Regarding backuping: during the wallet creation with Electrum, the seed is shown on the screen and must be confirmed by the user. THIS IS THE ONLY TIME the seed is visible to the user and the only opportunity to do a backup of the seed! After that, it is no more possible to export the seed or any private key from the Satochip.

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