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Author Topic: Creation of differents wallets and reset of HD wallet  (Read 70 times)
Becassine (OP)
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April 25, 2023, 08:17:36 PM
Merited by dkbit98 (1)
 #1

Hello,

I still have a lot of questions... Some of them may seem stupid, but never mind ...

If I want to create different wallets with a mnemonic sentence specific to each wallet from an HD wallet, I have to reset the HD wallet each time (for example with a bitbox) ?

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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- Jay -


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April 25, 2023, 08:25:20 PM
Merited by The Sceptical Chymist (4), Becassine (1)
 #2

To create different wallets on HD wallet like electrum you do not need to reset it, all you need to do is find the option to bring out the list of wallets then click on new, this prompts you to either generate a new seed or import a wallet you already have, or create a watch-only wallet with your public key.

What makes HD wallets different is that it contain multiple addresses linked to a single master private key and provides more privacy with change of receiving addresses and change addresses.

I hope I understood your question fully...

- Jay -

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Dr.Bitcoin_Strange
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April 25, 2023, 08:28:02 PM
 #3

You could have still placed this your question on your first thread that you just created not less than thirty minutes ago. https://bitcointalk.org/index.php?topic=5450163.msg62148586#msg62148586
Becassine (OP)
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April 25, 2023, 08:29:11 PM
 #4

To create different wallets on HD wallet like electrum you do not need to reset it, all you need to do is find the option to bring out the list of wallets then click on new, this prompts you to either generate a new seed or import a wallet you already have, or create a watch-only wallet with your public key.

What makes HD wallets different is that it contain multiple addresses linked to a single master private key and provides more privacy with change of receiving addresses and change addresses.

I hope I understood your question fully...

- Jay -

I just have to try again to install electrum ... Thank you very much for your answer. (I have problems to install electrum, despite all the good advice, but I'm not very good I think ...)


You could have still placed this your question on your first thread that you just created not less than thirty minutes ago. https://bitcointalk.org/index.php?topic=5450163.msg62148586#msg62148586

Indeed, I could list all the questions I have. But I'm trying to keep it organized so that other beginners can easily find the answers if they have the same questions.

And I can also find myself in the answers that will be well arranged too  Wink

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April 25, 2023, 09:22:24 PM
 #5

Indeed, I could list all the questions I have. But I'm trying to keep it organized so that other beginners can easily find the answers if they have the same questions.

And I can also find myself in the answers that will be well arranged too  Wink

However, forum etiquette dictate that all related discussions take place in the same thread. So, if you have multiple questions that pertain to related topics, it's preferable to ask them one by one within the same topic rather than creating a new thread for each question.

For instance, let's say I just replied to your second topic, and now I want to reference it. It is not convenient to do so without opening that topic in a new window and manually searching for the relevant parts in the post. On the other hand, I can easily include quotes from other posts within this thread, making it more seamless and accessible to refer back to previous discussions. I hope you understand what I mean.

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April 28, 2023, 08:44:23 PM
Merited by Becassine (1)
 #6

If I want to create different wallets with a mnemonic sentence specific to each wallet from an HD wallet, I have to reset the HD wallet each time (for example with a bitbox) ?
I don't know if I understand correctly, but for hardware wallets you need to reset your device and then import new mnemonic seed phrase each time, yeah I know it can be time consuming.
From my research, I think there is only one hardware wallet that enables use of multiple seed phrases in the same time (Cypherock X1), but this device works in much different ways than other hardware wallets.
Some DIY devices however are offering very nice fast import of seed phrases with simple QR code scan.

I just have to try again to install electrum ... Thank you very much for your answer. (I have problems to install electrum, despite all the good advice, but I'm not very good I think ...)
Sparrow wallet is a good open source alternative, and I think it works just fine in combination with Bitbox and other hardware wallets.
https://sparrowwallet.com/

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