Hi
I am reading everywhere that 2FA wallets use a 24 word seed.
But when I create a new 2FA wallet in electrum it only uses a 12 word seed.
Can anyone explain this to me?
Thanks
2FA comes with two seeds: The original (regular) seed and the 2FA seed.
The regular seed that you see is a regular seed (that gets produced in electrum).
There is also a 2FA seed stored in electrum that is a recovery seed for if the 2FA fails, I'm not sure as to the dynamics of where to find this but this is the 24 word seed that others refer to.
Like HCP said this is all nonsense.
Fact is in previous Electrum versions 2fa wallets had 24 or 25 word seeds. But now it's just 12 words.
In previous versions half the 24 word seed was viewable via the wallet menu > seed after the wallet had been created. So you could view 12 of the words there but they were useless and misleading because they wouldn't restore your wallet. You needed all the seed words i.e. 24 or 25. Maybe this is the source of the jackg's confusion.
In newer versions of electrum the 12 seed words are only shown during the wallet creation process. You can't see them later so you better write them down during the wallet creation process.
Electrum strives to maintain backward compatibility so all types of 2fa wallets can be restored from seed in Electrum.