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Author Topic: Moving From Bread Wallet to Electrum  (Read 118 times)
jjrr007 (OP)
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December 22, 2017, 01:49:03 PM
 #1

I am trying to switch from the Bread android app wallet for Bitcoins to Electrum.  I have had problems with sending coins to anyone else with the Bread Wallet.  My money is stuck there for now  Cry

I sent some Bitcoins to an exchange from the Bread App.  It shows as being 40% sent now for over a day.  The exchange has not received it.  I have tried to accelerate the transaction, but no luck.  

I wanted to please ask the following:
-Since the coins are still in limbo, should I import or sweep my bitcoin address/private key to Electrum?

-From what I was reading I can generate the private key using this the following instructions from the following post from HCP on this forum.  BTW, thank you HCP for this info!

Quote
Breadwallet uses "standard" BIP39 seeds... https://iancoleman.github.io/bip39/
Enter your seed where is says "BIP39 Mnemonic", click "BIP32" under "Derivation Path", select "Custom" from the "Client" dropdown box... and enter m/0'/0 in the Derivation Path and all your receive addresses and private keys will be generated below.

Are the instructions still OK to get the private key ?

-Do I just need to enter the private key I generated from the above website into Electrum by going to wallet-private keys-sweep?  I do not enter the Bitcoin address from Bread into Electrum or just the private key?

-Has anyone ever tried something like this, maybe from a different wallet (especially interested in moving from Bread)?
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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December 22, 2017, 05:27:12 PM
 #2

Sweeping probably won't work... As a "sweep" is effectively just broadcasting a transaction and sending coins to a specified address.

As you have already attempted to do this and your transaction is stuck, a sweep attempt will most likely be detected as a "double spend" attempt and rejected by most nodes on the network.

If bread wallet does not allow RBF and there was no "change" from the transaction, you will be unable to try CPFP... Besides with fees still up above 700+ sats/byte, fees required will still be very expensive.

The "free" accelerators are almost impossible to use given the huge load on the Bitcoin network... And the pay ones are likely to be prohibitively expensive...


To answer your original query, yes... I believe that can still use the BIP39 tool to extract the private key... Normal warnings about running offline etc apply.

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Satish147
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December 22, 2017, 05:30:38 PM
 #3

I think bread wallet is good compared to Electrum and recently bread wallet completed their crowdsale with hard cap.

EinaiOraCoinDev
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December 22, 2017, 05:58:32 PM
 #4

I think bread wallet is good compared to Electrum and recently bread wallet completed their crowdsale with hard cap.

Huh Huh He did not even asked that.

Just import your seed to Electrum, if they dont allow you to do so. Just import the words, this will make you be able to import your wallet in there.

Just avoid fees, do not even think about sending the money, because it will cost you a whole fortune.
jjrr007 (OP)
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December 23, 2017, 03:55:35 AM
 #5

I am a little unclear. 

Are you saying that I can import my wallet using the seed words only without calculating a private key?  If so, how using Electrom?

Should I import for my situation instead of sweeping?

I think one of the transactions got stuck, because part of that transaction had Bitcoin which I hadn't  received yet.  That transaction was sent using a lower economical transaction fee.  I thought it was received back.  How can I tell if the Bitcoin is actually received back so I don't make the mistake again?  How long does it generally take to receive the money back if it's stuck?
spadormie
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December 23, 2017, 04:02:29 AM
 #6

Well, electrum is a good wallet. You can send many transactions on to that that will only give you a little amount of transaction fee. And that fee is not that big for your wallet. I just don't know if you can't import your key to electrum.




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