When I switches phones and easily transferred my wallet to my new device, I realized the loopring app still works and updates actions on the old phone when connected to WiFi obviously. Is this a good back up plan to in case current device gets nuked in some way? Satchel.loopring.eth

  • geman777@alien.topBEnglish
    1·
    1 year ago

    Can’t hurt. When ever i can’t find my phone the first thing i think about is my loopring wallet; its nice to have the piece of mind that even with a phone lost in the couch you have a backup in your closet or whatever. Obviously if I ever really lost my phone though im confident i would be able to recovery but more options the better.

  • the77helios@alien.topBEnglish
    1·
    1 year ago

    Dont answer DMs… or even post your wallet.

    But yes, both phones have the key encrypted in your phone. I have a similar situation and I put the old phone in my safe and turned it off

    Similarly… if someone finds that phone and accesses it, it could be a risk. So up to you