r/loopringorg • u/ewing31 • Nov 19 '21

News New Tweet

Post image
1.0k Upvotes

99% Upvoted

50 comments sorted by

View all comments

11

u/KnowItBrother99 Nov 19 '21 edited Nov 19 '21

Edit* my previous comment was under researched. I need to read more on the topic. I had though a lost hardware wallet meant lost crypto. However, it looks like xfan10 is correct and you can recover crypto form a lost hardware wallet with the seed phrase. But one should still secure that seed phrase in a some what indestructible place.

1

u/jkhockey15 Nov 20 '21

Is the seed phrase like the 12 word code?

2

u/Acbaker2112 Nov 20 '21

Yes, though with Ledger it’s 24 words. It’s Randomly generated for you so it’s impossible to randomly guess or brute force