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Does restoring a seed on a hardware wallet have any impact on existing hardware wallets using the same seed?

Bitcoin Reddit

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Hi there,

My paranoia is kicking in and I need confirmation from the community.

Let's say hypothetically I have a 2 of 3 multi sig wallet set up with 3 hardware wallets and 3 seeds across 6 locations that I cannot access right now.

I want to generate a single sig receive address for each of the 3 wallets and send a dummy amount of bitcoin to them so I can watch if any of them get compromised.

Am I ok to purchase a 4th hardware wallet, restore the seed from my memory for each wallet one by one with the new device, wiping it each time, in order to obtain 3 receive addresses to send the dummy bitcoin to?

Thank you

submitted by /u/InterestingTooth675
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