crrdlx on Nostr: Seed phrases are bip-39. This is new and developing still and so backup is under ...
Seed phrases are bip-39. This is new and developing still and so backup is under construction for some wallets, as I understand. But to your point...you couldn't back up a token that has had been lost (lost phone). When your wallet falls into the river and washes our to sea, your cash money is gone. I'm not completely sure if this, but I think it's right. I think that's the whole point...you own the token (or not). Hope that helps. If you fins out I'm wrong please let me know!
Published at
2024-05-15 01:00:19Event JSON
{
"id": "cda0a9f525497f25e24db28ef91fed2a362c46eb306594eb12e2c98bcc346f4e",
"pubkey": "005bc4de41cfcb580f71cad6ae8909a976568633a4f6a93c6b7fd5bfef11e1a2",
"created_at": 1715734819,
"kind": 1,
"tags": [
[
"e",
"9a7dec2d5d4c8d7bea4c368db65a94fd24f60000a6bbc08625c98633e39d3667",
"wss://offchain.pub/",
"root"
],
[
"e",
"114d0469b40e37b8f30e61fd5b2828aed409c0a23d1e73501669785f8d6bd6c5",
"wss://offchain.pub/",
"reply"
],
[
"p",
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],
"content": "Seed phrases are bip-39. This is new and developing still and so backup is under construction for some wallets, as I understand. But to your point...you couldn't back up a token that has had been lost (lost phone). When your wallet falls into the river and washes our to sea, your cash money is gone. I'm not completely sure if this, but I think it's right. I think that's the whole point...you own the token (or not). Hope that helps. If you fins out I'm wrong please let me know! ",
"sig": "0f13012e739f8b93e9758e1424e80df548d66e1b8cb60bd55ded8efa771098d578e89bca55e3c8bf2de8bcc647390b3c801aca442e6a564c0fd4e0af2c5b67ec"
}