What do you all think about the GS wallet going bye bye? Curious to see some points of view on this. I believe it is due to the SEC trying to shut down the crypto space unless the have their hand in every step of it and gamestop doesn’t care to deal with that drama.

    • MozooZ@lemmy.whynotdrs.orgEnglish
      4·
      1 year ago

      If you have your seed phrase then you can move to any wallet that also does the seed phrase thing.

      “Wallet” is a bit of a misnomer. It should be something more like “viewer” or “spectacles” or “wallet viewer” or something like that. Your coins/tokens/NFTs/etc… live and reside and are found on the blockchain. That’s where they are. They are not “in a wallet.” You GET access to them with your seed phrase - which is a (long, multi-word) password, basically.

      • smallcutfart@lemmy.whynotdrs.orgEnglish
        1·
        1 year ago

        Thanks. I want to know what considerations would be between the two or any other wallets. I remember when I was jumping into loopring and gme, it was all about the L2. How else are people thinking about this?