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Is it possible 2 maintain a single Multibit HD wallet on two devices? Assume a laptop and phone. My first thought is to install MB HD on the second device and create a new wallet using the original wallet words. TKS, Regards,
Mutibit HD - Maintain a wallet on 2 devices
Answers
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Yes with an HD wallet you can use as many devices as you like.
However you may want to ask yourself why you are doing this. More devices = more possible attack surfaces.
Using different HD wallets has the benefit of the losing one (to a keylogger, etc) not causing loss to your Bitcoin in the others.
Why not keep a small amount of BTC in your mobile HD wallet for everyday use and have a little more in a seperate laptop HD wallet and the majority in a seperate cold storage HD wallet?
Yes, I have considered and understand your concerns. The wallet(s) would only hold a small amount. I am looking into other storage methods, such as paper wallets, but am concerned about the seemingly difficulties of importing them into software wallets. – Sandy – 2016-06-03T01:52:07.830