ObservantOne Posted July 9, 2017 Share Posted July 9, 2017 I have been hearing about people having problems with the jatchili client, so I haven't taken that plunge yet. I purchased two ledger nano s wallets, but I haven't set them up because I cannot wrap my head around the 24 word seed needed to secure the Nano S wallet. If there are 7 wallets on the nano (BTC, ETH, XRP etc.), and each wallet requires it's own unique 24 word seed, how is it that the nano can retrieve ALL of your wallets with one 24 word seed!? This makes me think that the secret keys for all of the wallets on the nano are stored someplace. If XRP cannot be removed from the ledger, then would that mean that any wallet you use (cold/offline/air-gapped) is just a method of securing the secret key in order to authorize transactions? The Jatchili client was suggested. If I understand this correctly, when you create a wallet, you create a specific identity on the ledger with it's own secret/public key. When you "transfer" the xrp on the ledger, you are really authorizing the xrp to be "owned" by the new wallet. Is this correct? Chan_Maddanna 1 Link to comment Share on other sites More sharing options...
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