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Author Topic: What is different between Sweep and Import private key in Electrum  (Read 960 times)
vfilchef (OP)
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January 30, 2016, 11:25:33 AM
 #1

What is different between Sweep and Import private key in Electrum.
Sorry my English is bad - I am from Bulgaria
ranochigo
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January 30, 2016, 01:20:16 PM
 #2

Sweeping an address allows the client to send all the funds in the address to an address generated by the Electrum seed. You would need to remember the seed and the change will be sent to an address generated by the seed. The new address would then be covered by the seed.


Importing an address makes the client import the address directly, without doing anything to it. When you want to spend the coins, the inputs would be from the imported address and the change will be sent back to the origin. You need to make a backup of your own private key.

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vfilchef (OP)
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January 30, 2016, 07:45:22 PM
 #3

Sweeping an address allows the client to send all the funds in the address to an address generated by the Electrum seed. You would need to remember the seed and the change will be sent to an address generated by the seed. The new address would then be covered by the seed.


Importing an address makes the client import the address directly, without doing anything to it. When you want to spend the coins, the inputs would be from the imported address and the change will be sent back to the origin. You need to make a backup of your own private key.

Thank you very mach.
Did I have have to make transaction from sweeping address to one address in my wallet or Elektrum make this transaction automatically.
ranochigo
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January 31, 2016, 02:42:12 AM
 #4

Sweeping an address allows the client to send all the funds in the address to an address generated by the Electrum seed. You would need to remember the seed and the change will be sent to an address generated by the seed. The new address would then be covered by the seed.


Importing an address makes the client import the address directly, without doing anything to it. When you want to spend the coins, the inputs would be from the imported address and the change will be sent back to the origin. You need to make a backup of your own private key.

Thank you very mach.
Did I have have to make transaction from sweeping address to one address in my wallet or Elektrum make this transaction automatically.
Electrum does this automatically to an address that is generated by the HD seed. You do need the valid private key however.

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vfilchef (OP)
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January 31, 2016, 11:17:22 AM
 #5

Sweeping an address allows the client to send all the funds in the address to an address generated by the Electrum seed. You would need to remember the seed and the change will be sent to an address generated by the seed. The new address would then be covered by the seed.


Importing an address makes the client import the address directly, without doing anything to it. When you want to spend the coins, the inputs would be from the imported address and the change will be sent back to the origin. You need to make a backup of your own private key.

Thank you very mach.
Did I have have to make transaction from sweeping address to one address in my wallet or Elektrum make this transaction automatically.
Electrum does this automatically to an address that is generated by the HD seed. You do need the valid private key however.

Thanks again  Smiley
Can I use several keys in one sweep or I have to sweep them one by one.
ranochigo
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January 31, 2016, 11:36:05 AM
 #6

Sweeping an address allows the client to send all the funds in the address to an address generated by the Electrum seed. You would need to remember the seed and the change will be sent to an address generated by the seed. The new address would then be covered by the seed.


Importing an address makes the client import the address directly, without doing anything to it. When you want to spend the coins, the inputs would be from the imported address and the change will be sent back to the origin. You need to make a backup of your own private key.

Thank you very mach.
Did I have have to make transaction from sweeping address to one address in my wallet or Elektrum make this transaction automatically.
Electrum does this automatically to an address that is generated by the HD seed. You do need the valid private key however.

Thanks again  Smiley
Can I use several keys in one sweep or I have to sweep them one by one.
You can use several keys. Just key all of them into the box. Then press Sweep.

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vfilchef (OP)
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January 31, 2016, 12:37:45 PM
 #7

Sweeping an address allows the client to send all the funds in the address to an address generated by the Electrum seed. You would need to remember the seed and the change will be sent to an address generated by the seed. The new address would then be covered by the seed.


Importing an address makes the client import the address directly, without doing anything to it. When you want to spend the coins, the inputs would be from the imported address and the change will be sent back to the origin. You need to make a backup of your own private key.

Thank you very mach.
Did I have have to make transaction from sweeping address to one address in my wallet or Elektrum make this transaction automatically.
Electrum does this automatically to an address that is generated by the HD seed. You do need the valid private key however.

Thanks again  Smiley
Can I use several keys in one sweep or I have to sweep them one by one.
You can use several keys. Just key all of them into the box. Then press Sweep.

Did this transaction propagated to network with fee and wait confirmation or it is inside to the client.
ranochigo
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January 31, 2016, 01:05:18 PM
 #8

Sweeping an address allows the client to send all the funds in the address to an address generated by the Electrum seed. You would need to remember the seed and the change will be sent to an address generated by the seed. The new address would then be covered by the seed.


Importing an address makes the client import the address directly, without doing anything to it. When you want to spend the coins, the inputs would be from the imported address and the change will be sent back to the origin. You need to make a backup of your own private key.

Thank you very mach.
Did I have have to make transaction from sweeping address to one address in my wallet or Elektrum make this transaction automatically.
Electrum does this automatically to an address that is generated by the HD seed. You do need the valid private key however.

Thanks again  Smiley
Can I use several keys in one sweep or I have to sweep them one by one.
You can use several keys. Just key all of them into the box. Then press Sweep.

Did this transaction propagated to network with fee and wait confirmation or it is inside to the client.
The transaction would just be like any other transaction you would initiate with the wallet clients. I'm not sure about the fee however. You do need to wait for confirmation for the transaction.

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