When you open a nano x or private wallet you are given a seed (20 random words). Is that the same as your private key?
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No, that’s the entropy (randomness) that is used to generate a private key. The 12-24 words are simply an encoding of that randomness. Each word represents 11 bits.
Please read this BIP-39 article to get a better understanding: https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki
If you have any questions, feel free to ask and we can walk through it together.
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Thank you for helping out others. I see you helping very often.
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Appreciate the help!
Just doing what I can to help out the community
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