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RE: Hidden options in Ledger nano s. (Secret/multiple wallets)

in #cryptocurrency7 years ago

@debugger: so i have a nano and did set it up, got my passphrase and a pin. Now, i already have some coins on that wallet. in order to create a second one, can I just add without risking to loose my funds already on the ledger? And something else, maybe you can help me with: i have BTC, ETH, LTC and komodo on my ledger, and i can't add more apps. is there a way to add more apps like ripple or do I have to buy another ledger cause there isn't enough space?

Thanks for answering (in case you need donation, let me know)

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Yes. Just keep your seed word backup in a safe place.
Adding a second wallet is like adding a word after your current seed. so backup that word too.
Cant remember how many apps it can run.

So if I have my seed, I can just reset the ledger and create a new seed, am I right in my understanding here? Or do I only need to add a 25th word to the seed, and then I have to wallets, one with 24 recovery and one with 25 recovery passphrase?

You already have a 24 seed, second wallet adds a word to that seed.
https://ledger.groovehq.com/knowledge_base/topics/advanced-passphrase-options