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Author Topic: You can use Electrum and Breadwallet at the same time.  (Read 87 times)
Ayanamirs (OP)
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December 24, 2017, 06:02:14 PM
 #1

https://www.youtube.com/watch?v=E-KcY6KUVnY

Note: The above video is from Multibit but this approach works for Bread Wallet too. Both MultibitHD and Bread use bip39 seed mnemonics and m/0′ for the derivation path. That’s a zero and a single quote.

If this is not working for you then make sure that, once you’ve entered the seed and checked bip39 in options, there is no message about failed checksums next to the options button. A failed checksum means that you’ve entered the wrong seed so double check what you’ve typed in. Also make sure you enter the correct derivation path m/0′ in the step after that. Electrum won’t stop you from creating a bip39 wallet with an incorrect seed or derivation path so you need to be mindful of this yourself.

https://bitcoinelectrum.com/restoring-your-multibithd-wallet-in-electrum/

https://bitcoinelectrum.com/restoring-your-standard-wallet-from-seed/

https://breadapp.com/

With Electrum you can have RBF and CPFP, good for stuck/pending transactions.

RBF = Replace by fee (increase the fee of your sending transaction)

CPFP = Child pay for parents (increase the fee of your receiving transaction)
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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December 25, 2017, 01:40:48 AM
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This is not a particularly recommended thing to do. It exposes you twice for very little reason.

If you prefer a wallet, use that one and uninstall the other wallet. You're twice as likely to end up with a vulnerability stealing your coins either malware or software issues that accidently get created.

If you want to, take the risk if there's a benefit you can see to doing it, but I wouldn't recommend it, especially with high amounts.
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