Wallets are designed in such a way that a simple dozen words can be used to reconstruct thousands of addresses. But how?
“Not your keys, not your coins”. This is one of the advantages of cryptocurrencies, not banks. But hackers have since evolved to the point of disrupting no less important networks such as Multichain, Poly Network, Atomic… In most cases, it's the investors who pay the piper. When a new bitcoin security device like BIP39 Colors arrives, they have no choice but to pay attention.
What is a seed? Is it possible for someone to guess it? What are the chances of that happening? What is the seed used for?