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The process of recovering lost bitcoins or private keys from a wallet/backup

5 votes
3 answers
4k views

Can I "duplicate" a wallet using a backup phrase (12 words)?

My understanding is that a wallet isn't a wallet at all*, it doesn't hold my coins, but it's a key store; my coins are of course "stored" as records of the events on the blockchain. Imagine I have bit …
Luke Puplett's user avatar