RE: "Insufficient space" on Ledger Nano S Cold Wallet

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"Insufficient space" on Ledger Nano S Cold Wallet

in cryptocurrency •  7 years ago 

thanks for the explanation, I guess it makes sense in a way still scary to remove a wallet where you have coins in.

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7 years ago by

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      ·  7 years ago 

    If I uninstall a wallet to make room for another currency, while the wallet is removed can I still receive payments from the wallet which has been removed?

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        ·  7 years ago 

      the blockchain is decentralised. Payments are done on the blockchain, not on a wallet. You can always accept payments. The wallet is a way to access your account on the blockchain, it uses the keys that are stored on the Ledger.
      Even the keys are technically not stored on the Ledger, they are generated from your 24 word seed. This allows you to restore your keys on a different Ledger in case you lost yours.

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