Seed or Private keys?

[backthespace]

Hi

Do I need to save only my Electrum seed or will my values be more secure if I also store my private keys on paper?
For example, I want to make sure my funds are still available in 5 years from now. What if Electrum by then somehow doesn't exist anymore? Can I access my wallet and funds from another provider using my Electrum seed? Or would another provider only be able to create my wallet with my existing funds if I can provide my private keys?

Sincerely, backthespace

[1715232859]

1715232859

[1715232859]

1715232859

[mocacinno]

Hi

Do I need to save only my Electrum seed or will my values be more secure if I also store my private keys on paper?
For example, I want to make sure my funds are still available in 5 years from now. What if Electrum by then somehow doesn't exist anymore? Can I access my wallet and funds from another provider using my Electrum seed? Or would another provider only be able to create my wallet with my existing funds if I can provide my private keys?

Sincerely, backthespace

Backup the seed on a couple pieces of laminated paper and you're fine
In case electrum ever seizes to exist, you can download the sourcecode of https://iancoleman.io/bip39/, open it on an offline machine, enter the seed and the correct derivation path, and you can derive as many private keys from your seed as you need... Afterwards you can import those keys into most reasonably decent wallets..

[backthespace]

Hi

Do I need to save only my Electrum seed or will my values be more secure if I also store my private keys on paper?
For example, I want to make sure my funds are still available in 5 years from now. What if Electrum by then somehow doesn't exist anymore? Can I access my wallet and funds from another provider using my Electrum seed? Or would another provider only be able to create my wallet with my existing funds if I can provide my private keys?

Sincerely, backthespace

Backup the seed on a couple pieces of laminated paper and you're fine
In case electrum ever seizes to exist, you can download the sourcecode of https://iancoleman.io/bip39/, open it on an offline machine, enter the seed and the correct derivation path, and you can derive as many private keys from your seed as you need... Afterwards you can import those keys into most reasonably decent wallets..

Perfect, thanks for the quick and precise answer.

[Trigzilog]

I'm still confused with the seed. I've tried it in the eth wallet but when I open it there are alot of public add to choose from. is the mnemonic phrase a seed?

[pipoy5]

Do we need password with the SEED? just like the phrases?

[TryNinja]

Do we need password with the SEED? just like the phrases?

No. You only need the password to access your already existent wallet. If you restore it with the seed, you will be able to setup a new password.

[mocacinno]

I'm still confused with the seed. I've tried it in the eth wallet but when I open it there are alot of public add to choose from. is the mnemonic phrase a seed?

The original question was about the alternative bitcoin wallet called electrum. The answers given by me and other members cannot be translated to most other wallets.
If you need to know the answer to your question, you'll have to find the support thread for your wallet (since you're talking about ETH, i assume you're using mist?). Anyways, as a first part of an answer: if you write down PUBLIC addresses, i can assure you that you won't be able to restore your wallet... writing down addresses or public keys is not sufficient for backup purposes.

[coinsensus21]

 Private keys.

[Velkro]

Hi

Do I need to save only my Electrum seed or will my values be more secure if I also store my private keys on paper?
For example, I want to make sure my funds are still available in 5 years from now. What if Electrum by then somehow doesn't exist anymore? Can I access my wallet and funds from another provider using my Electrum seed? Or would another provider only be able to create my wallet with my existing funds if I can provide my private keys?

Sincerely, backthespace

In this case only seed is enough.
If you want look 5 years from now (hodl), you alternatively can backup all private keys that has any bitcoins in it. (this will eliminate need of keeping old copy of electrum to recover from seed)