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Author Topic: 2FA confusion  (Read 312 times)
hosseinimr93
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April 14, 2022, 10:30:40 PM
 #21

but you can still import it in other wallet provider like TrustWallet using the Seed phrase and you don't need the 2FA OTP even if you set up a 2FA in Electrum.
You can't do that.
The seed phrase electrum generates for a 2FA wallet is different from common seed phrases. It's a backup for two master private keys and works in a different way.

Note that even a seed phrase generated by electrum for a standard wallet can't be imported into trustwallet.
Trustwallet uses BIP39 standard while electrum uses its own algorithm for generating a seed phrase.

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nakamura12
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April 14, 2022, 10:54:54 PM
 #22

You can't do that.
The seed phrase electrum generates for a 2FA wallet is different from common seed phrases. It's a backup for two master private keys and works in a different way.

Note that even a seed phrase generated by electrum for a standard wallet can't be imported into trustwallet.
Trustwallet uses BIP39 standard while electrum uses its own algorithm for generating a seed phrase.
You are right but I only pointed out that the seed phrase generated by Electrum can be imported in other wallet provider which is compatible with Electrum's used algorithm for generating seed phrase in Electrum (I don't know any site that is compatible with Electrum's seed phrase when you import a wallet). It is true that Trustwallet use BIP39 and Electrum use it's own algorithm where seed phrase generated in Electrum can't be imported in Trustwallet. Sorry for using Electrum and Trustwallet as an example which I realized that other people won't get what I wanted to say or explain. Thanks for pointing out.

hosseinimr93
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April 14, 2022, 11:04:36 PM
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 #23

(I don't know any site that is compatible with Electrum's seed phrase when you import a wallet)
The seed phrase generated by electrum for a standard wallet can be imported into bluewallet.
The seed phrase generated by electrum for a 2FA wallet can't be imported into any other wallet.

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Charles-Tim
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April 15, 2022, 07:50:46 AM
 #24

I don't know any site that is compatible with Electrum's seed phrase when you import a wallet
Electrum is an open source project which can ensure its continuity, it is the most recommended light client wallet on this forum, Electrum incompatible seed phrase on BIP39 wallet is as a result of version number included to generate keys and addresses which also check seed integrity as Electrum seed phrase must produce a valid version number. It is the best in my opinion.

I have imported seed phrase generated on Electrum wallet on Bluewallet countless number of times and it was successful, but just for experiment purpose, I have not seen a need or a valid reason I should import Electrum seed phrase on any other wallet. Although, Bluewallet is also a good open source wallet.

If you still want BIP39 seed phrase to be used by Electrum, Electrum wallet still support the importation of seed phrase generated from BIP39 wallets. You can generate a BIP39 seed, import it on Electrum, check the BIP39 option on Electrum and choose the derivation path of your choice as seen below.

Legacy (p2pkh) for bitcoin addresses that starts from 1
p2sh-segwit (p2wpkh-p2sh) for bitcoin addresses that starts from from 3
Native segwit (p2wpkh) for bitcoin addresses that starts from  bc1

But I will recommend you to use a reputed and open source BIP39 wallet like Bluewallet, Mycelium or html file of Incoleman BIP39 tool for the seed phrase generation unlike using a close source wallet like Trsutwallet which are not advisable at all.

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