Hello, I'm a new Electrum user, coming from Multibit classic. What I did in Multibit classic as an extra layer of security was backing up the whole AppData\Roaming\Multibit folder into an encrypted .zip file (and deleting the original files afterwards) I know that cold storage is the most secure option but it takes a lot of time to do all the steps required for sending coins, not to mention that I need an extra offline computer for this purpose. Would a similar encrypted backup of AppData\Roaming\Electrum work?
yes but you could also just set a password in electrum to encrypt the wallet and then use file menu > save copy to backup the wallet file. you don't really need the whole data directory.
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seed option is greyed out for watch-only wallets and 2fa wallets. is your wallet a 2fa wallet?
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gtk about the mini private keys
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Don't ever use that private key you posted again. It's related address has received 0.25393524 BTC. The last withdrawal from it was on 2017-05-20.
That private key is not his. It is the one from the wiki article I've linked above. He posted it here to tell me that his key was in that format (WIF).
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Hi, I restored a wallet in Electrum by using the private key but I cant click on Master Public Keys because its greyed out and I dont know why, also I cant sign a transaction with a watching only wallet because theres no send button, please help
master public keys are a feature of deterministic wallets. a wallet with imported private keys is not a deterministic wallet. a wallet with imported private keys is not a watch-only wallet. you should be able to sign messages with such a wallet. however if it is truly a watch-only wallet with no private keys then you can't sign messages because you need the private key for that. I need an help here, I just downloaded the electrum application the APK version in which I have equally generated my public master key and other details my question is in the process of importing into another wallet, will that not be a challenge of sending as the one op is asking, and is it compulsory I import only on electrum? You should create your own thread but the answer to your question is that, yes, you should use the same wallet software on every device.
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A user with a similar problem found that his paper wallet's private key was in compressed format, and needed to be in uncompressed format before electrum would accept it.
Both compressed and uncompressed private keys are supported by Electrum. In fact electrum's own private keys are compressed. Perhaps you mean something else by compressed and uncompressed private keys? The private keys themselves are not compressed or uncompressed. It's the public keys that are compressed or uncompressed. The private keys are encoded in a slightly different way to signify that the compressed or uncompressed public key should be used. The page below explains it but the gist of it is that uncompressed private keys begin with 5 and compressed ones with L or K: https://en.bitcoin.it/wiki/Private_key#Base58_Wallet_Import_formatI don't know whether electrum supports things like mini private key. It does not support bip38 private keys. Those have to be decrypted prior to use in electrum.
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It doesn't take a bare private keys as it implies in the wallet. I need to figure out how to convert these things around. I saw the guide but assumed the formatting wasn't necessary
It takes keys in wallet import format which is what you posted above and which i linked to above too. The problem is that you are typing them in incorrectly. Check again that you are getting it all exactly right. If you still can't get it to work try again in a day or so (we sometimes notice details we missed after taking a break). Alternatively if you have a web cam you could try scanning in the QR code for the private key. You can try clicking on the little qr code icon in the bottom right of the field on the keystore screen. IT doesn't work for me but might work on your system.
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You're missing the point I can't create a "watch only wallet" which it should allow me to Either way it's grey well your post was far too long and not very clear about what you wanted to do. i thought you wanted to create a wallet you could spend from. a watch-only wallet will not allow you to spend from. i'm just stating that so there is no misunderstanding going forward. to create a watch-only wallet begin the process of creating a new wallet by using file >new/restore or just running electrum if you have no wallet already then select "watch bitcoin addresses" and after that it becomes self-explanatory. so instead of selecting "standard wallet" you select "watch bitcoin addresses".
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addresses aren't accounts. there are no accounts in bitcoin. don't fixate on individual addresses. your electrum wallet consists of many addresses and you look at the wallet as a whole not at individual addresses. you will find your wallet balance in the bottom left of the electrum window and your transaction history on the history tab.
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Sorry you are right. I tried it myself and it only displays one private key. Even restoring from the xprvs+xpub. There is a risky way to get your address specific private keys. You can download this webpage and run it offline: https://bip32jp.github.io/english/Enter your xprv in "BIP32 Extended Key" and scroll down to "Derivation path" and set it to custom. If your address is the first in the list of address in electrum then you enter "m/0/0" (without quotes) in the "custom path" field, if it is the second then enter "m/0/1" and so on. You'll have to do that for each of the xprvs. I'm still not sure how this will help you claim your funds. p2sh addresses also involve a redeem script which you can create with the createmultisig command i gave you before.
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I restored it from my seed, so now it shows "This wallet is was restored from seed, and it contains two master private keys. Therefore, two-factor-authentication is disabled." when I click Trustedcoin.
what happens when you right click on an address and select private key? you should get two address specific private keys.
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Mhm, in my restored wallet it only shows one.. I'll see if I can find the other one. If anyone else has ideas, please shoot when recovering your wallet you have to choose not to continue using trusted coin as a cosigner when it asks you that question. did you do that?
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you don't have just one private key. you have 3 behind each address. you need 2 out of 3 to spend money from an address. when you restore your wallet it will contain 2 out of 3 and they will be displayed if you right click on an address and choose private key.
but ultimately it depends on what software you are using to sweep these addresses. does it support multisig addresses? if it doesn't then your tokens are lost.
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I do have 2 out of 3 master private keys now, so in theory it should be possible. On what site would I combine these master private keys to generate the multisig addresses? I have generated addresses out of both of them seperately, but haven't found a site where I can put in multiple master private keys yet. It's worth a try for sure.
When you restore your wallet in electrum it generates the multisig address. Does that not help? You can also generate the address on the command line using the createmultisig command. electrum help createmultisig
You will need any combination of the 3 public or private keys behind that address (the address specific ones not the master ones). You can right click on the address in your restored wallet and get most of that info there.
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i copy it from the area it appear on the electrum wallet and paste it to confirm and give me the same problem.
how did you do this? electrum doesn't allow you to copy paste that. did you check the wordlist that pooya posted above? are all the words in your seed in that list and spelled correctly? where did you download tails os from? what website?
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Hi, I restored a wallet in Electrum by using the private key but I cant click on Master Public Keys because its greyed out and I dont know why, also I cant sign a transaction with a watching only wallet because theres no send button, please help
master public keys are a feature of deterministic wallets. a wallet with imported private keys is not a deterministic wallet. a wallet with imported private keys is not a watch-only wallet. you should be able to sign messages with such a wallet. however if it is truly a watch-only wallet with no private keys then you can't sign messages because you need the private key for that.
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these are multisig addresses with more than one private key behind them. you only have one in your wallet. another one is with your co-signer trustedcoin. the third is encoded in the seed mnemonic that you were shown during the wallet creation process and which you were supposed to write down.
we've had a few posts here from users wanting to claim various alt-coin "air drops" i.e. altcoins handed out to existing bitcoin holders. they've had to generate signatures using 2 out of the 3 private keys behind their multisig addresses and then submit those on websites. Is something like this possible for your ICO?
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I have only addresses start with "3" in Electrum. How can I create address starts with "1"?
You must have created a multi-signature wallet as multi-signature addresses start with a 3. You will have to create a new normal wallet if you want addresses that begin with a 1. The electrum documentation explains multi-signature wallets. http://docs.electrum.org/en/latest/multisig.htmlNo, I didn't. I have the default wallet. you have either a multisig or 2fa wallet. what does it say in the window title bar? default_Wallet is just the file name. the wallet type will be given in the title bar too. you need to create a new standard wallet which you can do by following this guide: https://bitcoinelectrum.com/creating-an-electrum-wallet/ .
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