When your daughter finds a cool new play phone in your office nostr:npub132ertlsrunh600cph2au55ssmel2cqdt5mnrpxfand5ych4nmp8q50zmdh
what happens when a hardware device breaks ? Is the coin lost ?
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Not if you have a backup of the seed.
OK, so hardware device is backed by a seed phrase?
The seed is loaded on the hardware device. If the device is lost, the seed is lost if you don’t have the seed backed up.