teachin_bitcoin on Nostr: ...
Dad: Son, what if the Opendime is lost?
Does the Opendime also have recovery words?
Son: Hi Dad,
An Opendime is made to change hands, like cash.
The private key is generated on the device, and without breaking the seal by pushing a pin through the hole marked on the back of the Opendime, there is no way to back it up.
Dad: And if I break the seal?
Son: Then the private key will be revealed in the private-key.txt file and QR code image. There is no way back, and once unsealed, you should move the funds into another wallet.
#Bitcoin
Published at
2024-10-26 21:48:57Event JSON
{
"id": "2fd966eca998c08247cf5fdbcce30a77168a32ab2aa44ebaa874ad918e2ae636",
"pubkey": "e0893162d4045dd1113c6e1c29f70c47bb7461abed042b6c33308fe7d96d2502",
"created_at": 1729979337,
"kind": 1,
"tags": [],
"content": "https://www.teach-me-bitcoin-son.com/media//generated/does-the-opendime-also-have-recovery-words.png\n\nDad: Son, what if the Opendime is lost?\nDoes the Opendime also have recovery words?\nSon: Hi Dad,\nAn Opendime is made to change hands, like cash.\nThe private key is generated on the device, and without breaking the seal by pushing a pin through the hole marked on the back of the Opendime, there is no way to back it up.\nDad: And if I break the seal?\nSon: Then the private key will be revealed in the private-key.txt file and QR code image. There is no way back, and once unsealed, you should move the funds into another wallet.\n\n\n#Bitcoin",
"sig": "1462ef272dca24c92419c78b4fdd06d58dc15e5e8165efd9196bd620b71493914fd99a533e3374c947ddcdfd26e4e3e1f88854628f3fd88f4bab0d018d407221"
}
