Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: williamevanl on July 10, 2017, 01:39:32 AM



Title: Dumb questions
Post by: williamevanl on July 10, 2017, 01:39:32 AM
So in the Tezos ICO they have you provide a password with your email and from that you get a word list and a public key. It says to not lose that password because it's used to encrypt your wallet. Is the password used to generate the word list? How is that even used?

Thanks!


Title: Re: Dumb questions
Post by: Bengu92 on July 10, 2017, 01:52:47 AM
So in the Tezos ICO they have you provide a password with your email and from that you get a word list and a public key. It says to not lose that password because it's used to encrypt your wallet. Is the password used to generate the word list? How is that even used?

Thanks!
Thanks a lot for my information as a beginner to be more understanding than the previous one