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Author Topic: Breadwallet not finding my funds  (Read 1471 times)
JackNicholson
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May 05, 2017, 08:33:22 AM
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Hi everyone,

I am new to Bitcoin, so excuse my ignorance.

I have setup a Blockchain wallet on my iOS device and transfered some funds to it; I am not a big fan of the design thou (they need to optimize for iphone 6<) and read a lot of great stuff about Breadwallet, both in terms of security (decentralized etc.) as well as design.
My issue now is, when trying to put in my 12-word recovery key, it re-syncs (which takes many hours!) - and once it has finished syncing, it says that I have 0 funds and that there have been no transactions. I have tried to re-sync 4-5 times, but still nothing shows up. I even tried downloading Breadwallet on my work-phone, but with the same result.

If I download any other wallet and put in my recovery key I can find my funds and transactions. What am I doing wrong?

If I just set up a new wallet on Breadwallet I can transfer money to it and it seems fine and dandy. That wallet I can delete from Breadwallet and add again (and then re-sync for many hours!) and it will appear with the correct funds and transactions.

Does the 12-word recovery key only work on the same wallet-provider? (and maybe others that use same encryption key or whatever?)


Thank you for your help.

/JN


EDIT: I can transfer funds from my Blockchain wallet to Breadwallet (they have the same 12-word recovery key), but they seem to be two completely different wallets?
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May 05, 2017, 03:46:58 PM
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Does the 12-word recovery key only work on the same wallet-provider? (and maybe others that use same encryption key or whatever?)

EDIT: I can transfer funds from my Blockchain wallet to Breadwallet (they have the same 12-word recovery key), but they seem to be two completely different wallets?
They are probably using different Derivation Paths from the same Seed...

if you go here: https://iancoleman.github.io/bip39/

generate a random 12 word seed... (NOTE: DO NOT put your seed into the online version of that page!) and then in the Derivation Path section, select BIP32 and then blockchain.info as the "Client" you will see they use path m/44'/0'/0'... whereas bitcoin core uses m/0'/0' and multiBit HD uses m/0'/0.

If you change from one client to another, you can see the Derived addresses at the bottom of the page change... even though you're using the same 12 word seed.

So, unless Breadwallet uses the same Derivation Path (apparently it doesn't) or if it allows you to specify the Derivation Path (fairly sure it won't), then you won't be able to just import the seed from blockchain.info... what you'll need to do, is create an offline copy of that BIP39 website (instructions at the bottom of the page)... put in your blockchain.info seed, select BIP32 and blockchain.info... and get a list of all the addresses and private keys... and then import all the keys for those addresses into Breadwallet...

The first section here might explain it better: https://github.com/OmniLayer/omniwallet/wiki/Exporting-Private-Key-from-Blockchain.info-and-Importing-to-Omniwallet.org

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May 05, 2017, 04:05:42 PM
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Are you sure you wrote down your seed correctly?

If yes, try your breadwallet seed on Hive or MultiBit HD (see here why). I've restored a breadwallet seed on a MultiBit HD wallet successfully in the past so you can try and start with that. For more info see this thread
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May 05, 2017, 07:52:51 PM
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Does the 12-word recovery key only work on the same wallet-provider? (and maybe others that use same encryption key or whatever?)

EDIT: I can transfer funds from my Blockchain wallet to Breadwallet (they have the same 12-word recovery key), but they seem to be two completely different wallets?
They are probably using different Derivation Paths from the same Seed...

if you go here: https://iancoleman.github.io/bip39/

generate a random 12 word seed... (NOTE: DO NOT put your seed into the online version of that page!) and then in the Derivation Path section, select BIP32 and then blockchain.info as the "Client" you will see they use path m/44'/0'/0'... whereas bitcoin core uses m/0'/0' and multiBit HD uses m/0'/0.

If you change from one client to another, you can see the Derived addresses at the bottom of the page change... even though you're using the same 12 word seed.

So, unless Breadwallet uses the same Derivation Path (apparently it doesn't) or if it allows you to specify the Derivation Path (fairly sure it won't), then you won't be able to just import the seed from blockchain.info... what you'll need to do, is create an offline copy of that BIP39 website (instructions at the bottom of the page)... put in your blockchain.info seed, select BIP32 and blockchain.info... and get a list of all the addresses and private keys... and then import all the keys for those addresses into Breadwallet...

The first section here might explain it better: https://github.com/OmniLayer/omniwallet/wiki/Exporting-Private-Key-from-Blockchain.info-and-Importing-to-Omniwallet.org

Thank you for your reply - this makes a lot of sense to why my funds will only appear on some clients, if the encryption isn't all the same. I will try to export my fund to an offline copy and see if I can import them into Breadwallet instead. Thanks.
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