https://bitcoinmagazine.com/technical/testing-your-bitcoin-custody-setup
The link above talks about testing the self custody setup. But there is a "note" at the end which am trying to understand the rationale behind. Below is the text and the note for quick reference.
SINGLE SIG RECOVERY CHECK Perform recovery phrase check on your hardware wallet with your seed phrase in hand.
“The big scary”: On purpose enter your PIN incorrectly three or sixteen times to reset your hardware wallet.
Disconnect, then reconnect your hardware wallet to your wallet software to verify it recognizes it as a “brand new” device with zero balance.
Re-enter your seed phrase into your hardware wallet, and verify the wallet software now confirms the same satoshi balance of your UTXOs.
*Note: It is recommended after confirming this process works to not utilize the recovered wallet as your main wallet.
I did everything in this but I have indeed utilised the recovered wallet. Is that an issue? Why shouldn't I be utilising the recovered wallet?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments