Title: myTrezor and future offline? Post by: BadAss.Sx on May 21, 2016, 02:46:08 PM I have a Trezor and made a wallet online on mytrezor.com. But what happens when the site goes offline for some reason? I don't have a private key as far as i know. Anyone an idea?
Title: Re: myTrezor and future offline? Post by: defcon23 on May 21, 2016, 02:57:03 PM easy : in this case , you can import your entire trezor wallet in Mycellium , or in Electrum without any problem.
( you can indeed do that with your trezor seed ) Title: Re: myTrezor and future offline? Post by: BitcoinNewsMagazine on May 21, 2016, 03:18:43 PM I have a Trezor and made a wallet online on mytrezor.com. But what happens when the site goes offline for some reason? I don't have a private key as far as i know. Anyone an idea? You did write down the seed for your Trezor and keep in a safe place right? If your Trezor is lost you need that seed phrase to recover. If myTrezor.com is down briefly for maintenance you can always fire up a new installation of Electrum, select new wallet and hardware wallet, then Trezor and manage your bitcoin in Electrum. If you have lost the seed to your Trezor you should buy a new one, set it up and send your bitcoin from the old Trezor to new one. See the Trezor user manual (http://doc.satoshilabs.com/trezor-user/index.html). Most Trezor users own more than one just in case of loss or breakage. Title: Re: myTrezor and future offline? Post by: BadAss.Sx on May 21, 2016, 04:05:35 PM Of course i have my seed :) but if i lost it (for instance) i do not have to buy a new Trezor, isn't?
Title: Re: myTrezor and future offline? Post by: BitcoinNewsMagazine on May 21, 2016, 07:07:08 PM Of course i have my seed :) but if i lost it (for instance) i do not have to buy a new Trezor, isn't? If you lost your seed you best buy a new Trezor then send your bitcoin from the old Trezor to the new one before something unfortunate happens like theft or loss. Storing bitcoin on a Trezor for which you lost the seed is high risk. Not worth it. Title: Re: myTrezor and future offline? Post by: AussieHash on May 22, 2016, 04:11:28 AM Of course i have my seed :) but if i lost it (for instance) i do not have to buy a new Trezor, isn't? If you have your recovery words you can restore it via a BIP 32/39/44 compatible software wallet including Multibit HD or mycelium (http://support.ledgerwallet.com/knowledge_base/topics/how-to-restore-my-backup-without-a-ledger-wallet), or on another Hardware wallet including Ledger / KeepKey. Title: Re: myTrezor and future offline? Post by: BadAss.Sx on May 22, 2016, 02:47:54 PM Thanks! i know enough now :)
Title: Re: myTrezor and future offline? Post by: BitcoinNewsMagazine on May 22, 2016, 04:51:32 PM Of course i have my seed :) but if i lost it (for instance) i do not have to buy a new Trezor, isn't? If you have your recovery words you can restore it via a BIP 32/39/44 compatible software wallet including Multibit HD or mycelium (http://support.ledgerwallet.com/knowledge_base/topics/how-to-restore-my-backup-without-a-ledger-wallet), or on another Hardware wallet including Ledger / KeepKey. Trezor has a secure recovery process. If you type your complete seed into a computer to recover into any other wallet you risk exposing the seed to a keylogger. Make sure your computer is free of malware. |