Ethereum: we are studying the possibility of using the same initial phrase in several hardware wallets
When it comes to managing cryptocurrency assets, one of the most important aspects is ensuring that all connected devices and wallets have access to the same passphrase. This ensures seamless operation, allowing you to easily switch between different accounts or devices without worrying about losing or duplicating your wallet. However, there is a common myth about hardware wallets and their compatibility with multiple passphrases: Can I use the same passphrase in two Ledger hardware wallets?
Short Answer
Yes, it is possible to use the same passphrase in multiple Ledger hardware wallets.
Why it works
When you set up a new wallet on your first device, you choose a unique passphrase for that particular account. However, it does not automatically affect other devices connected to the same computer or network. Every time you connect a new device to your Ledger wallet, it generates a new passphrase, which is then stored in the corresponding hardware wallet.
Why this is not a problem for most users
For most users, using multiple devices connected to one account in different wallets is not a serious problem. The key takeaway is that each new device connection will generate its own unique seed phrase.
What you need to know
To take full advantage of this feature:
- Make sure you have at least two Ledger hardware wallets: this will allow you to create separate accounts on different devices and use the same passphrase.
- Connect several devices to one computer or network. This ensures that each device will generate its own unique seed phrase, which avoids potential conflicts.
Real life example
Let’s say you have two Ledger X10+ hardware wallets:
Device A: connected to the main computer.
Device B: connected to the phone via Bluetooth.
Using the same passphrase on both devices will ensure seamless account management and avoid duplication or conflicts.
Thus, using the same passphrase in multiple Ledger hardware wallets is a viable option for managing cryptocurrency assets. By understanding how each device generates its own unique passphrase, you can effectively use these devices to access different accounts without worrying about duplicate passphrases.
