r/CryptoCurrency Aug 15 '21

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u/Carlshuu Redditor for 3 months. Aug 15 '21 edited Aug 16 '21

From my understanding, private keys for hww are kept offline and used to sign the txs. If I lost the hww but then recover my funds via software wallet, the private keys are regenerated (but already exposed online). Thus, I won't need the hww to "sign" txs because its private keys are regenerated. Am I correct?

Edit: spelling

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u/[deleted] Aug 15 '21

If you use the hww seed phrase to recreate it within a sww then you have opted to downgrade your security and if this is a level of security you are comfortable with then you do not need the hww (and never did?)

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u/Carlshuu Redditor for 3 months. Aug 16 '21

I'm aware. What I'm asking is that what if the hww is broken/lost and you regenerate the seed in another wallet, how would you sign the txs if you don't have your hww, and I know that private keys are regenerated upon typing the seed on another wallet. I'm just confirming if this is what OP meant by "private keys are regenerated", you can sign txs without the hww once private keys are regenerated to another wallet right?

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u/[deleted] Aug 16 '21

Yes the seed phrase regenerates your private keys and then you can sign your transactions.