Correct. When you assemble the bits into the key it is a random 256-bit number, which is a private key for #bitcoin or even #nostr

By extension this could be a master private key that generates all your child keys and seed phrases

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Definitely gonna check this out. So if you’re doing multisig with a day 3 different wallets would you need 9 of them? Also, whereas a with a seed plate you could read the words, what would you see with this?