<p>I tried it. It works independent from the company.</p>
<p>I downloaded the exodus client and was able to restore my wallet there.</p>
<p>The only risk with a web-wallet like blockchain.com is, that the company could theoretically access to funds and withdraw them from my wallet, if they go bankrupt.</p>
<p>So it seems a better approach for use an offline wallet and transfer the funds to a new exodus wallet or something similar.</p>

CC BY-SA 4.0
2022-02-12T12:51:57.083Z
2022-02-12T12:51:57.083Z
Alex
<p>So I have some funds on an blockchain.com wallet. Actually it's multiple wallets (some ETH, some BTC)</p>
<p>I followed <a href="https://support.blockchain.com/hc/en-us/articles/209564506-Make-a-Wallet-Backup" rel="nofollow noreferrer">the backup procedure</a> and wrote 12 English words on a sheet of paper.</p>
<p>There is <a href="https://bitcoin.stackexchange.com/questions/54586/how-can-i-recover-a-blockchain-info-wallet-from-a-17-word-phrase">an answer about password recovery</a> but it still needs the company to be existent.</p>
<p>Will there a way to recover the wallets from those passwords or is this just a fancy way of password recovery?
If not, what's a better way to backup the wallets?</p>
<p>EDIT: If found <a href="https://support.blockchain.com/hc/en-us/articles/115001298143-Your-Secret-Private-Key-Recovery-Phrase-The-Failsafe" rel="nofollow noreferrer">some background</a> about how it seems to work.
It seems to work using BIP44 / BIP39. But this leads to more questions:</p>
<ol>
<li>Is this only working for my bitcoin wallet, not for ETH?</li>
<li>Is also the wallet address encoded in the words or only the passphrase?</li>
</ol>

<wallet><blockchain.info><ethereum><backup>
Restore blockchain.com wallet(s) in case the company goes away?
Alex
# Restore blockchain.com wallet(s) in case the company goes away?

(Asked by: username_0 on 2022-02-12)

So I have some funds on an blockchain.com wallet. Actually it's multiple wallets (some ETH, some BTC)

I followed [the backup procedure](https://support.blockchain.com/hc/en-us/articles/209564506-Make-a-Wallet-Backup) and wrote 12 English words on a sheet of paper.

There is [an answer about password recovery](https://bitcoin.stackexchange.com/questions/54586/how-can-i-recover-a-blockchain-info-wallet-from-a-17-word-phrase) but it still needs the company to be existent.

Will there a way to recover the wallets from those passwords or is this just a fancy way of password recovery?
If not, what's a better way to backup the wallets?

EDIT: If found [some background](https://support.blockchain.com/hc/en-us/articles/115001298143-Your-Secret-Private-Key-Recovery-Phrase-The-Failsafe) about how it seems to work.
It seems to work using BIP44 / BIP39. But this leads to more questions:

1. Is this only working for my bitcoin wallet, not for ETH?
2. Is also the wallet address encoded in the words or only the passphrase?

**Tags:** wallet, blockchain.info, ethereum, backup


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## 1 answers

### Answer by username_0 on 2022-02-12. Score: 2

I tried it. It works independent from the company.

I downloaded the exodus client and was able to restore my wallet there.

The only risk with a web-wallet like blockchain.com is, that the company could theoretically access to funds and withdraw them from my wallet, if they go bankrupt.

So it seems a better approach for use an offline wallet and transfer the funds to a new exodus wallet or something similar.


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