GoneGone on Nostr: INTERESTED IN ADVICE: #bitcoin #plebchain When I set up my initial wallet, I used ...
INTERESTED IN ADVICE:
#bitcoin #plebchain
When I set up my initial wallet, I used Electrum to generate the seed. I orange pilled a friend and helped her set up a wallet (with seed from Electrum) and tried to import her new (Electrum) seed into Trezor.
It didn’t work and I have since learned that Electrum uses a slightly different BIP protocol other than BIP-39. You can import it into another wallet, maybe because those wallets are programmed that way. But maybe hardware wallets (Trezor at least) won’t work with it.
QUESTION: I’m wondering if it makes sense to get a regular BIP-39 seed and transfer to new wallet. I don’t like this idea and I’d rather not. But I’m wondering if it’s dangerous, could I get stuck somehow in the future not being able to access my wallet without Electrum? Seems like a potential serious vulnerability.
THOUGHTS?
Published at
2024-01-18 20:55:05Event JSON
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"pubkey": "85fd21bee9e2c53819cd176e268dd003063b2a25c8135d3d91c99a8de0e82634",
"created_at": 1705611305,
"kind": 1,
"tags": [
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"content": "INTERESTED IN ADVICE: \n#bitcoin #plebchain\n When I set up my initial wallet, I used Electrum to generate the seed. I orange pilled a friend and helped her set up a wallet (with seed from Electrum) and tried to import her new (Electrum) seed into Trezor.\n It didn’t work and I have since learned that Electrum uses a slightly different BIP protocol other than BIP-39. You can import it into another wallet, maybe because those wallets are programmed that way. But maybe hardware wallets (Trezor at least) won’t work with it. \n QUESTION: I’m wondering if it makes sense to get a regular BIP-39 seed and transfer to new wallet. I don’t like this idea and I’d rather not. But I’m wondering if it’s dangerous, could I get stuck somehow in the future not being able to access my wallet without Electrum? Seems like a potential serious vulnerability.\n\nTHOUGHTS?",
"sig": "7dd89327a299de67ead73cd6110b933a8781ea5acbd3c352a002861267cc4b772480cb85ad67d1bdc4c12630e8b371cf31e15d529f0b4d6ba3ad10981f68e671"
}