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Author Topic: importing priv keys into Breadwallet  (Read 4432 times)
calkob
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November 21, 2015, 10:00:16 PM
 #1

Hi all

i just imported a paper wallet private key into bread wallet app for IOS.  should i now consider that address compromised and not use it again? does anyone know if breadwallet stores that private key now?
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November 21, 2015, 10:10:00 PM
 #2

Hi all

i just imported a paper wallet private key into bread wallet app for IOS.  should i now consider that address compromised and not use it again? does anyone know if breadwallet stores that private key now?
Breadwallet should store that private key. You should move all of the Bitcoin stored in that address to another address. Although the address is probably safe, it is good practice to not reuse addresses. Each address should really only have 2 transactions ever, one going in, and one going out.

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November 21, 2015, 10:23:08 PM
 #3

breadwallet has a function called 'import private key', but in reality it just sweeps the funds to a newly generated address instead of importing it. So yes, it's possible to use the address again, but keep in mind that it's always better to use a new address for every payment, see here why.

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November 21, 2015, 10:43:07 PM
 #4

If the private key has been online, consider it compromised, period. It's the best security practice.
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November 21, 2015, 10:51:10 PM
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Thanks for that  Wink  great link 1000000
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