24 secret words not forward compatible - lost assets!
from Michael
In 80%(!) of the cases the 24 secret words generated with the tpay1 wallet generate a different(!) address in newer wallets and dont(!) show wallets assets. In effect lossing access to your wallet! The 24 secret words are NOT a safe & secure way to maintain access to future access to your assets. This has seriously rocked my confidence in the Toncoin and staking. If the 24 secret words are not rock solid, what about the smart contracts?
Is public/private keys that the Atomic Wallet use a more future proof way of storing assets in Toncoin? If there is a safe way, Please point me to technical documents.
š Answer on TON Overflow
Jul 15, 2023, 10:20 PM
24 secret words are not forward compatible - lost assets
from Michael
Of 80% of 24 secret words generated with tpay wallet can not be used to gain access to your assets when imported in newer wallets. In effect losing access to your assets. (This the second time I post this question. First got deleted. I will expand if this message also does not get deleted)
š Answer on TON Overflow
from Michael
Of 80% of 24 secret words generated with tpay wallet can not be used to gain access to your assets when imported in newer wallets. In effect losing access to your assets. (This the second time I post this question. First got deleted. I will expand if this message also does not get deleted)
š Answer on TON Overflow
Jul 15, 2023, 10:26 PM