Bitcoin Forum

Other => MultiBit => Topic started by: GoatMasterUK on November 05, 2017, 09:39:26 AM



Title: Another recovery issue
Post by: GoatMasterUK on November 05, 2017, 09:39:26 AM
Hello!

So, I have my wallet words from Multibit HD. I am unable to log in with my password, when I try to recover my password with the built in recovery it doesn't work (I've waited an hour).
I have the 'rolling-backup' folder with files in it. Though a wallet recovery doesn't work (It says that it creates the wallet, then it failed to create the wallet'.
Tried reinstalling , downgrading.. I also have the .wallet.aes file. Though I cannot get the 4 recovery tools listed on some of these posts to work. (Obviously followed the instructions and the python scripts do nothing)

Is it possible for me to transfer my wallet with just the words?


Title: Re: Another recovery issue
Post by: Lucius on November 05, 2017, 12:01:19 PM
Hello!

So, I have my wallet words from Multibit HD. I am unable to log in with my password, when I try to recover my password with the built in recovery it doesn't work (I've waited an hour).
I have the 'rolling-backup' folder with files in it. Though a wallet recovery doesn't work (It says that it creates the wallet, then it failed to create the wallet'.
Tried reinstalling , downgrading.. I also have the .wallet.aes file. Though I cannot get the 4 recovery tools listed on some of these posts to work. (Obviously followed the instructions and the python scripts do nothing)

Is it possible for me to transfer my wallet with just the words?

There is no support for MultiBit and you should stop using it.Since you have your seed words the simplest solution is to download Electrum wallet(maybe not latest 3.0 version because there are some problems) and then just do the following steps :

1.In Electrum go to File - New/Restore - click next(you can change name of the wallet)
2.Use option standard wallet
3.Use option "I already have a seed"
4.Enter your seed words.
5.After that click on Options and pick Bip 39 seed.
6.For derivation path type : m/0'
7.Select new password for your wallet.


Title: Re: Another recovery issue
Post by: GoatMasterUK on November 05, 2017, 01:14:58 PM
Thank you; sorted my issue out! Multibit is now uninstalled!


Title: Re: Another recovery issue
Post by: HCP on November 07, 2017, 08:19:40 AM
NOTE: using wallets generated from BIP39 seeds longterm in Electrum is NOT recommended. The main reason for this is that you are unable to extract your "wallet words" should you lose the copy that you have. This is because Electrum does NOT store the actual wallet words in the wallet file like it does with Electrum generated (non BIP39) seeds. Instead, Electrum simply stores the "xprv" in the wallet file.

It would be wise to create a standard Electrum wallet with an Electrum generated seed... and move all your coins to that if you intend to use Electrum going forward.