Keys stay. Coins ride.
The coins live on the ledger. The wallet holds the secret keys that sign “send this.” Lose the keys and the coins are still there — you just cannot move them. Share the keys and someone else can.
Practice only
Wallet setup · step 1 of 8
Tap the right thing on each screen. Nothing here makes a real wallet.

The coins live on the ledger. The wallet holds the secret keys that sign “send this.” Lose the keys and the coins are still there — you just cannot move them. Share the keys and someone else can.
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