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Is it possible to log into my seed from one computer (light node) and at the same time log in from another computer or from android wallet?

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Yes. Iota is a decentralized protocol. There is no central server managing any kind of session.

When you execute a transaction on one client, you do the pow to attach it to the tangle (it usually take a few seconds). Once the transaction is attached : the transaction is now a tip and is broadcasted on the network. The transaction will be visible in other client very soon (delay mainly depends of the network topology)

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  • And what happens if I do a transaction on one computer? When do I see it on the second computer?
    – Vrom
    Dec 10, 2017 at 8:17
  • @vrom see my edit
    – ben75
    Dec 10, 2017 at 8:25

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