I have read and watched instructions on how to connect a Trezor to Daedalus. I have a few questions before I do this, hoping someone knows this backwards/forwards…
- Can you please explain how this makes your Ada safer than just Daedalus alone. Is the idea that now you have a second device which has it’s own passcode, and once Deadalus is paired with a hardware wallet, you can’t first open Daedalus without connecting the device? Once connected, do you still need to use your spending password to send Ada, or you only need your Trezor password, if you have one (it’s optional as you may know.)
- Are things like private keys somehow vulnerable on Daedalus alone, where using an additional hardware wallet eliminates this vulnerability?
- What if my Trezor malfunctions/breaks/gets lost-does this mean I no longer can access my Deadalus wallet? Would I then have to restore my Daedalus Wallet with my key words in order to access it once again without needing the Trezor it was last paired to?
- Is there a way to keep the functionality of Daedalus-like using it to stake/spend, etc, while having Trezor paired to it, where the Trezor’s only function is to serve as security of not being able to access Daedalus without it and nothing more? Like a second padlock.
Lastly, I have found that anyone can open Daedalus on your computer and delete the wallet without first knowing the wallet spending password, which is not requested when deleting the wallet. Is there a good reason for this? If somehow your seed words were lost, and someone happened to just delete your wallet, you’d be done. Thanks for any help with ALL of this!