That's how I would translate it too, which means not everything derives from the seed, but that the seed is a single point of failure, and so is apparently the state chain operator.
But the fact that products were launched on this platform without the product owner knowing what's what shows how little due diligence goes into the development of many of these "Bitcoin" products. So it's not really surprising that these kinds of reports are inconsistent, low quality, and only serve a narrative rather than actually delivering the world class excellence that Bitcoiners deserve.
That's how I would translate it too, which means not everything derives from the seed, but that the seed is a single point of failure, and so is apparently the state chain operator.
But the fact that products were launched on this platform without the product owner knowing what's what shows how little due diligence goes into the development of many of these "Bitcoin" products. So it's not really surprising that these kinds of reports are inconsistent, low quality, and only serve a narrative rather than actually delivering the world class excellence that Bitcoiners deserve.