Apologies if this is a simple question - a newbie here! I'm trying to understand backups. If I use Electrum to make a back up (including the 12 word seed password), will I then need to use Electrum to restore my BTC/ or can I use a different piece of software (like Exodus?).
What I mean is: are backups/restoring wallets dependent on the software you made the original back up on? or can you restore using any software as long as you have the 12 word seed?
I'm wondering about cold storage of wallets.
THANKS!