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Author Topic: Importing a wallet to Sparrow Wallet  (Read 131 times)
Neiv (OP)
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January 26, 2024, 09:12:25 PM
 #1

Hi all. I have a few questions about the import feature in Sparrow Wallet.

1. I had been storing all of my BTC in Trust Wallet and wanted to switch over to Sparrow Wallet. Most of the tutorials I viewed stated File > New Wallet > New or Imported Software Wallet > entering the seed words, creating Keystore, etc. But out of curiosity I instead selected File > Import Wallet > key words > Discover Wallet, and successfully imported the BTC. My question is, Do these two operations achieve the same result? Should I have done it this way or the other way?

2. Apropos of #1 above, after I imported the wallet to Sparrow, I then checked Trust Wallet and it's still showing the same about as before. Does the BTC now live in two wallets? If I wanted to empty Trust Wallet, would I have had to create a new wallet in Sparrow first and then use the send or receive feature?

3. Apropos of #2 above, Is my Trust Wallet seed phrase secure enough (since it was created while online), or should I redo it by creating a new wallet in Sparrow Wallet app offline and then sending the BTC from Trust Wallet to Sparrow Wallet?

Thanks in advance!
Zaguru12
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January 26, 2024, 09:17:58 PM
 #2

1. Since you were able to import the seed and right address and balance are showing then yes you got it right.

2. Yes both wallet will definitely reflect your balance, because the seed phrase can be in multiple wallets at same time and all can do anything to the coins there. You need to create a new seed phrase on sparrow and then move all transactions there through sending them.

3. My advice is to create a new wallet on sparrow but definitely on an airgapped device for two reasons. First the wallet has gone online which means it might have been compromised without you knowing and the hacker can still have access to it even if you import to sparrow wallet and delete trust wallet

Secondly trust wallet is never advisable because it is closed source so are the seed phrase generate from them because we don’t know how it is saved maybe the wallet has the seed phrase through back door you wouldn’t know. So the best is to generate a new seed phrase using an open source wallet.

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Charles-Tim
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January 26, 2024, 09:21:34 PM
 #3

Trustwallet is a close source wallet. Even if you import the seed phrase into Sparrow, still create a new wallet on Sparrow and send your coins there. You can send it from the Trustwallet seed phrase wallet that you import to the wallet that you created  newly on Sparrow, or you can send it from Trustwallet to the wallet that you created newly on Sparrow.

2. Apropos of #1 above, after I imported the wallet to Sparrow, I then checked Trust Wallet and it's still showing the same about as before. Does the BTC now live in two wallets? If I wanted to empty Trust Wallet, would I have had to create a new wallet in Sparrow first and then use the send or receive feature?
Your coins are stored on the bitcoin blockchain and not on any wallet. If you spend from Trustwallet, you will also see it on Sparrow as they both synchronize with the block. I am referring to the Trustwallet seed phrase that you import on Sparrow.

3. Apropos of #2 above, Is my Trust Wallet seed phrase secure enough (since it was created while online), or should I redo it by creating a new wallet in Sparrow Wallet app offline and then sending the BTC from Trust Wallet to Sparrow Wallet?
Like I meant above, create new wallet on Sparrow and send your coins to address or addresses that the newly Sparrow wallet generates for you.

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January 26, 2024, 09:22:10 PM
 #4

1. I had been storing all of my BTC in Trust Wallet and wanted to switch over to Sparrow Wallet. Most of the tutorials I viewed stated File > New Wallet > New or Imported Software Wallet > entering the seed words, creating Keystore, etc. But out of curiosity I instead selected File > Import Wallet > key words > Discover Wallet, and successfully imported the BTC. My question is, Do these two operations achieve the same result? Should I have done it this way or the other way?

2. Apropos of #1 above, after I imported the wallet to Sparrow, I then checked Trust Wallet and it's still showing the same about as before. Does the BTC now live in two wallets? If I wanted to empty Trust Wallet, would I have had to create a new wallet in Sparrow first and then use the send or receive feature?

3. Apropos of #2 above, Is my Trust Wallet seed phrase secure enough (since it was created while online), or should I redo it by creating a new wallet in Sparrow Wallet app offline and then sending the BTC from Trust Wallet to Sparrow Wallet?
1. I don't know Sparrow Wallet's options.

2. Bitcoin "lives" on the blockchain. In this scenario, both wallets can access your Bitcoin.

3. I would not trust "Trust Wallet" and create a new seed in a new wallet.

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Neiv (OP)
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January 26, 2024, 09:42:29 PM
 #5

1. Since you were able to import the seed and right address and balance are showing then yes you got it right.

2. Yes both wallet will definitely reflect your balance, because the seed phrase can be in multiple wallets at same time and all can do anything to the coins there. You need to create a new seed phrase on sparrow and then move all transactions there through sending them.

3. My advice is to create a new wallet on sparrow but definitely on an airgapped device for two reasons. First the wallet has gone online which means it might have been compromised without you knowing and the hacker can still have access to it even if you import to sparrow wallet and delete trust wallet

Secondly trust wallet is never advisable because it is closed source so are the seed phrase generate from them because we don’t know how it is saved maybe the wallet has the seed phrase through back door you wouldn’t know. So the best is to generate a new seed phrase using an open source wallet.

Thanks to all who replied! Appreciate the quick responses!
satscraper
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January 27, 2024, 10:21:44 AM
Last edit: January 27, 2024, 10:36:21 AM by satscraper
 #6

Hi all. I have a few questions about the import feature in Sparrow Wallet.

1. I had been storing all of my BTC in Trust Wallet and wanted to switch over to Sparrow Wallet. Most of the tutorials I viewed stated File > New Wallet > New or Imported Software Wallet > entering the seed words, creating Keystore, etc. But out of curiosity I instead selected File > Import Wallet > key words > Discover Wallet, and successfully imported the BTC. My question is, Do these two operations achieve the same result? Should I have done it this way or the other way?


Doesn't matter what way you choose if the final result (i.e. addresses) are correct.




2. Apropos of #1 above, after I imported the wallet to Sparrow, I then checked Trust Wallet and it's still showing the same about as before. Does the BTC now live in two wallets? If I wanted to empty Trust Wallet, would I have had to create a new wallet in Sparrow first and then use the send or receive feature?


Any wallet is just a tool to manage your  UTXOs stored by blockchain. Thus you may use any number of wallets (with same set of private-public key pairs)  to manage your UTXOs.

You have to create new wallet ( with different set of private-public key pairs) and send UTXOs to addresses relevant to this wallet if you wanna prevent your old Trust wallet from managing your stash.


3. Apropos of #2 above, Is my Trust Wallet seed phrase secure enough (since it was created while online), or should I redo it by creating a new wallet in Sparrow Wallet app offline and then sending the BTC from Trust Wallet to Sparrow Wallet?

Thanks in advance!

I would advocate new SEED (generated by Sparrow offline).
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January 27, 2024, 02:30:38 PM
 #7

As said above: a wallet is a tool to interact with the blockchain. It doesn't store your coins but it stores your wallet seed (from which the public and private keys are derived). The wallet use this keys to get your balance (sum of related UTXOs) and to sign transactions and broadcast them to the network.
So, it doesn't really matter which wallet you use as long as it has your seed. But if you want to switch to different wallet app for security reasons then you have to create a different wallet (new seed) then move your coins to it.

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Charles-Tim
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January 27, 2024, 09:01:51 PM
 #8

3. Apropos of #2 above, Is my Trust Wallet seed phrase secure enough (since it was created while online), or should I redo it by creating a new wallet in Sparrow Wallet app offline and then sending the BTC from Trust Wallet to Sparrow Wallet?

Thanks in advance!

I would advocate new SEED (generated by Sparrow offline).
You are right about this. The seed phrases generated offline are the most secure seed phrases. But we need to ask OP what he actually wants. If OP thinks he can create the seed phrase offline and use the wallet online, there is no point in generating the seed phrase offline and only little amount of coins should be stored on the addresses the seed phrase generates. But if he wants to use it as a paper wallet or wallet on an airgapped device, then generating the seed phrase offline is the safest way.

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