I have scrolled through the new website and have found the following image:
As far as I understand the way to receive my keys for NEO, Eth, … is to enter my 12 secret words. The same 12 words are used for every blockchain. This process is nearly the same as setting up a ledger nano S.
There I received 24 words, installed the apps I need and got for every blockchain the private keys, generated out of these words.
With this I wanted to ask:
- Does nash and ledger use the same algorithm for generating the keys?
- When nash offers the option to enter 24 words, would I have access to my coins stored on the ledger?
- If they use different algorithms, can nash integrate the algorithm from ledger to offer this?