Update README.md

Author: fudgebucket27

README.md

@@ -1,6 +1,6 @@
 # LoopringSmartWalletRecoveryPhraseExtractor
 ## What is this?
-This is a tool to extract the Recovery Phrase for a Loopring Smart Wallet via the Loopring Migration QR Code.
+This is a tool to extract the Recovery Phrase and L1 Private Key for the OWNER wallet of a Loopring Smart Wallet via the Loopring Migration QR Code. 
 
 ## Important
 DO NOT SHARE ANYTHING GENERATED BY THIS TOOL OR THE LOOPRING QR MIGRATON CODE WITH ANYONE AT ALL
@@ -24,9 +24,9 @@ DO NOT SHARE ANYTHING GENERATED BY THIS TOOL OR THE LOOPRING QR MIGRATON CODE WI
 
 4. Enter your Loopring App Passcode into the second prompt. DO NOT SHARE THIS PASSCODE WITH ANYONE AT ALL!!!
 
-5. Your recovery passphrase should then be displayed. DO NOT SHARE THIS WITH ANYONE AT ALL
+5. Your recovery passphrase for the OWNER wallet should then be displayed. DO NOT SHARE THIS WITH ANYONE AT ALL
 
-6. You can import this recovery passphrase into metamask. The 1st account created by the import is your OWNER wallet of your Loopring Smart Wallet. You can then extract the L1 private key for the OWNER wallet to use to sign requests for your Loopring Smart Wallet with the Loopring API that need ECDSA. You can use this L1 Private Key of the OWNER wallet with Loopring Airdrop tools like [Maize](https://github.com/cobmin/Maize) for your Loopring Smart Wallet. DO NOT SHARE THE L1 PRIVATE KEY WITH ANYONE AT ALL. A MALICIOUS USER COULD DO A WITHDRAWAL/TRANSFER OF YOUR ASSETS FROM LOOPRING LAYER 2 INTO ANY LOOPRING LAYER 2/ETHEREUM LAYER 1 ADDRESS WITH IT.
+6. Your L1 Private key of the OWNER wallet will then be displayed. You can use this L1 Private Key of the OWNER wallet to sign requests for your Loopring Smart Wallet with the Loopring API that need ECDSA. You can also use this L1 Private Key of the OWNER wallet with Loopring Airdrop tools like [Maize](https://github.com/cobmin/Maize) for your Loopring Smart Wallet. DO NOT SHARE THE L1 PRIVATE KEY WITH ANYONE AT ALL. A MALICIOUS USER COULD DO A WITHDRAWAL/TRANSFER OF YOUR ASSETS FROM LOOPRING LAYER 2 INTO ANY LOOPRING LAYER 2/ETHEREUM LAYER 1 ADDRESS WITH IT.
 
 # Credits
 Huge thanks to Folays in the Loopring discord for the original process which I converted into C#. Here's his [post](https://discord.com/channels/488848270525857792/700743843921920073/1089542488240439498) where he figured this out!