Hello,
does the 24 words recovery seed restore all my crypto currencies on my ledger nano s?
When I set up my ledger for the first time the only application installed was Bitcoin I think.
Later I installed LTC, ETH, DASH.
Now I don't know if I can also restore these altcoins on my ledger.
I've read in a chatroom that I can restore all. But how does the nono S know the private key of LTC, ETH for example if the seed was generated before i installed the LTC and ETH apps?
It uses same seed as for BTC. I mean by this that it takes same mnemonic / seed (those 24 words) and from them it generates diffenerent private keys for different coins. These seeds are often used by HD wallets and by the wallets that support many coins such as ledger. It makes it easy to backup multiple private and public keys with mutliple crypto currencies.