Perfectbaby (OP)
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August 23, 2024, 03:51:44 PM |
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I created an Electrum wallet to stake my bitcoin address on this forum but after creation I go the address section and saw series of addresses, I then copied the first address. I am assumed that is the main address, maybe if I decided to import my wallet in other wallet app that is not electrum would the first address show up or it would be randomly filtered out the one with fund inside. If so would it affect me in time to come?
Like I want to be sure, and I had already staked the first address displayed on the electrum wallet, hope that is still right?
I need responds from expert because I hardly pay attention to wallets if not for dealing directly with exchange.
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Charles-Tim
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August 23, 2024, 03:55:56 PM |
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Each address has private key. The private key is important in signing bitcoin message which you used to stake your address on this forum. You can use any of the addresses as long as you have the seed phrase. The seed phrase can generate the keys needed for the signing.
Most BIP39 wallets are not compatible with Electum seed phrase. But you can import BIP39 seed phrase on Electrum wallet.
Although , you can import Electrum seed phrase on Bluewallet which is the only BIP39 wallet that I know that supports Electum seed phrase import. Yes it would work.
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PX-Z
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August 23, 2024, 04:03:24 PM |
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Like I want to be sure, and I had already staked the first address displayed on the electrum wallet, hope that is still right?
That's right, you can choose any address actually since no one knows them, only you. The most important thing is to have a backup of your seed for you to recover it on any compatible wallet (or just on electrum) then you can sign message on later date to prove that you are the real owner of the address you staked on the meta thread.
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Perfectbaby (OP)
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August 23, 2024, 05:39:45 PM |
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Each address has private key. The private key is important in signing bitcoin message which you used to stake your address on this forum. You can use any of the addresses as long as you have the seed phrase. The seed phrase can generate the keys needed for the signing.
Most BIP39 wallets are not compatible with Electum seed phrase. But you can import BIP39 seed phrase on Electrum wallet.
Although , you can import Electrum seed phrase on Bluewallet which is the only BIP39 wallet that I know that supports Electum seed phrase import. Yes it would work.
Can this seedphrase be imported on trustwallet app and I can get my fund stored into the first address I staked. However, if this seedphrase is allowed to import in any app then fine for me.
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Charles-Tim
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August 23, 2024, 07:06:05 PM |
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Can this seedphrase be imported on trustwallet app and I can get my fund stored into the first address I staked. However, if this seedphrase is allowed to import in any app then fine for me.
Like I first posted, Electrum seed phrase is not supported on most BIP39 wallet but you can import BIP39 seed phrase on Electrum. As far as I know you can only import Electrum wallet on Bluewallet. But you can import seed phrase that you generated on BIP39 wallet on another BIP39 wallet. Worth knowing that Trustwallet is a close source wallet and not a reputed bitcoin wallet.
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Zaguru12
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August 23, 2024, 07:48:34 PM |
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I created an Electrum wallet to stake my bitcoin address on this forum but after creation I go the address section and saw series of addresses, I then copied the first address. I am assumed that is the main address, maybe if I decided to import my wallet in other wallet app that is not electrum would the first address show up or it would be randomly filtered out the one with fund inside. If so would it affect me in time to come?
You don’t have anything to worry about because, the address there are all main address as you put it, you can choose just any of them and with the seed phrase all the addresses will be recovered anytime you want. The Main reason why you see many address addresses on that wallet is because electrum just like numerous wallets now are HD wallets that generate multiple private keys and address from one single seed phrase. So if ever Funds are sent to the staked address you can recover using the seed phrase but with electrum seed phrase a bit custom seed phrase you would need to make use of electrum wallet it self or the blue wallet which is actually compatible with the seed phrase. I have heard Also that the sparrow wallet is also compatible with it but i am not sure. The trustwallet though is not compatible with it, but its seed phrase (BIP 39 format) can be imported to electrum. The only way I think you can import an electrum generated wallet into something like trustwallet will be actually using the private key of that address, either through those tools that can convert the seed phrase into private keys, but this is not necessary no need to use trustwallet
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promise444c5
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August 23, 2024, 08:01:09 PM |
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Can this seedphrase be imported on trustwallet app and I can get my fund stored into the first address I staked. However, if this seedphrase is allowed to import in any app then fine for me.
Firstly, you should know that trust wallet is not an open sourced wallet (just as Charles-Tim mentioned)which they claimed to be, they used to be an open sourced wallet long back before they sold their company but the name still stand, you can go through Link if you have time.. Secondly, Trust wallet uses BIP39 seed which means you can import it on Electrum (not advisable though) but doing the opposite is not going to work.. why?? The seed might look like it's Bip39 but Electrum does not generate a BIP39 type of seed instead they use seed version.... You can read to understand btter : https://electrum.readthedocs.io/en/latest/seedphrase.html
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khaled0111
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August 23, 2024, 08:13:01 PM Last edit: August 23, 2024, 10:16:27 PM by khaled0111 |
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The only way I think you can import an electrum generated wallet into something like trustwallet will be actually using the private key of that address, either through those tools that can convert the seed phrase into private keys Using an external tool to do this may compromise the safety of the wallet. Besides, there is really no need to use one as you can export the private key of any of the wallet's addresses directly from Electrum itself. (on mobile, just tap on the address from the addresses list, tap on Tap to show private key then enter your wallet's password). Then you can import it into any other wallet app you want that supports importing bitcoin private keys.
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Perfectbaby (OP)
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August 23, 2024, 08:34:05 PM |
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Can this seedphrase be imported on trustwallet app and I can get my fund stored into the first address I staked. However, if this seedphrase is allowed to import in any app then fine for me.
Like I first posted, Electrum seed phrase is not supported on most BIP39 wallet but you can import BIP39 seed phrase on Electrum. As far as I know you can only import Electrum wallet on Bluewallet. But you can import seed phrase that you generated on BIP39 wallet on another BIP39 wallet. Worth knowing that Trustwallet is a close source wallet and not a reputed bitcoin wallet. Had read about trustwallet being a closed source wallet, this was the reason I changed to download Electrum wallet create my address. Since most of the topic here in this forum has been on a talks about close source, so open source is mostly being taken here where people understand what is running at their ends. Anyway thank you so much for the clarification.
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hosseinimr93
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I have heard Also that the sparrow wallet is also compatible with it but i am not sure.
You can import your electrum wallet file in Sparrow and it will generate your wallet fine, but you can't import a seed phrase that has been generated by electrum in sparrow. The only way I think you can import an electrum generated wallet into something like trustwallet will be actually using the private key of that address
Trustwallet doesn't allow you to import a bitcoin private key. To import a bitcoin wallet in trustwallet, you need a seed phrase.
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Perfectbaby (OP)
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August 23, 2024, 09:47:36 PM |
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I have heard Also that the sparrow wallet is also compatible with it but i am not sure.
You can import your electrum wallet file in Sparrow and it will generate your wallet fine, but you can't import a seed phrase that has been generated by electrum in sparrow. The only way I think you can import an electrum generated wallet into something like trustwallet will be actually using the private key of that address
Trustwallet doesn't allow you to import a bitcoin private key. To import a bitcoin wallet in trustwallet, you need a seed phrase. I think the only way to import private keys to trustwallet is only from when the address is not bitcoin rather Ethereum or binance smartchain, all these allows you to import on trustwallet using private keys but private keys to bitcoin address in trust app doesn't work that way. @hosseinimr93 you are very correct, just tried it out and it doesn't work instead I successfully imported using seedphrase.
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Charles-Tim
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August 23, 2024, 10:06:28 PM |
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I think the only way to import private keys to trustwallet is only from when the address is not bitcoin rather Ethereum or binance smartchain, all these allows you to import on trustwallet using private keys but private keys to bitcoin address in trust app doesn't work that way. @hosseinimr93 you are very correct, just tried it out and it doesn't work instead I successfully imported using seedphrase.
I knew someone that used passphrase on Unstoppable wallet but he has a coin stucked. He could not also see it on Trustwallet. He had no option than to use the private key of the address. He got the private key from Iancoleman but no option to use Trustwallet again for it. Trustwallet was useless for him. The guy later had to use Metamask and manually had to paste the coin smart contract to spend it. I have forgotten some parts of what happened but Trustwallet was so useless.
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Findingnemo
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August 24, 2024, 07:54:40 AM |
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@hosseinimr93 you are very correct, just tried it out and it doesn't work instead I successfully imported using seedphrase.
So you're saying you successfully imported a Bitcoin wallet created on Electrum on Trust wallet? But it isn't possible cause they don't support the Electrum seed since it's not BIP39. Or you're mentioning the way he pointed out for the sparrow wallet?
There's no such thing called main address, you can generate unlimited number of addresses for a seed and the first 20 set of addresses created by Electrum as default but you can always create more whenever you want.
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Perfectbaby (OP)
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August 24, 2024, 08:10:21 AM |
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@hosseinimr93 you are very correct, just tried it out and it doesn't work instead I successfully imported using seedphrase.
So you're saying you successfully imported a Bitcoin wallet created on Electrum on Trust wallet? But it isn't possible cause they don't support the Electrum seed since it's not BIP39. Or you're mentioning the way he pointed out for the sparrow wallet?
There's no such thing called main address, you can generate unlimited number of addresses for a seed and the first 20 set of addresses created by Electrum as default but you can always create more whenever you want. My bad, I imported seedphrase generated from trustwallet to Electrum and it works, but trying the other way round saying invalid numeric.
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