![]() So my question is: I'm forever tied to restoring the private keys to my utxos in Electrum (offline in an air-gapped PC or online in a hot PC) ? Thanks for reading. I read something about BIP39 but didn't grasp what it meant and why I wouldn't be able to restore the wallet in any other wallet software or app (bluewallet, wasabi, samourai, etc.) ![]() I was just wondering: when, don't know when, I would need to run away from an attacker, dump my pc, and just hodl the seed and the "custom words extension" I will just be able to restore my wallet in an Electrum Wallet, right? ![]() Then, it was restored and my funds were safu there. Next, I did the same process, but after typing in my seed, I clicked to extend it with custom words and typed it. I was happy because that is what I thought would happen. Fact that wallet is not open for months, and BTC is stolen relatively recently. Tried to restore it in Electrum again, without clicking in "extend with custom words" and it was restored, but, since it wasn't restored with the custom words, the "restored wallet" was empty. and he admitted he was using very weak password for Electrum and even not unique one. I think I already know the answer, but I don't know why is it. The path is usually different for each wallet unless it fully follows the BIP44 or BIP49 standards. In that case, select Extend this seed with custom words and enter your password as the last word of the mnemonic seed. The syncing was taking some time so I’ve installed Electrum-LTC (Watching only) and its found my coins but again is asking for a private key so that I can send my litecoins. Some wallets let you extend the mnemonic seed with a password (e.g. Hardware wallets - Electrum supports hardware wallets: Ledger, Trezor, Keepkey. Hello All, I’ve re-synced my original Litecoin Core wallet but encrypted with a passphrase that I do not remember now. Multi-Platform - Windows, Mac, Linux, Android Two Factor Authentication - Supports two factor authentication with Trustedcoin. MultiSignature - Require multiple wallets.Īdd-ons - Support for third-party plugins: Multisig services, Hardware wallets, etc. No Downtime - Decentralized and redundant. No Lock-In - Exportable keys to other clients. Instant - Electrum uses servers to do the heavy lifting with the Bitcoin blockchain. ( SPV)įorgiving - Fully recoverable with your backed up mnemonic seed words. Safe - Encrypted keys never leave your pc. The syncing was taking some time so I’ve installed Electrum-LTC (Watching only) and its found my coins but again is asking for a private key so that I can send my litecoins. The best, cutting edge thin Bitcoin wallet software. Hello All, I’ve re-synced my original Litecoin Core wallet but encrypted with a passphrase that I do not remember now. Mnemonic is also known as seed passphrase, backup passphrase or recovery passphrase and usually contains 12 words or 24 words.
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