Quote from: o_e_l_e_o on Today at 04:08:28 PM

Quote from: Stalker22 on Today at 03:45:22 PM

As far as I understand, you don't have to use Electrum to recover addresses from backup seed phrase.

So we need to make sure we aren't mixing up individual private keys and seed phrases here.

Individual private keys can be imported in to any piece of software which allows you to import individual keys and supports the correct address type. This is pretty much any wallet for P2PKH (1) and P2SH (3) addresses, but there a still a few wallets which do not support P2WPKH (bc1) addresses.

BIP39 seed phrases can be imported in to any other BIP39 supporting wallet (which is almost all of them), again with the caveat that it will derive the correct address type for you. Electrum seed phrases can only be imported back in to Electrum and one or two other wallets which accept Electrum seed phrases, although it is easy to extract the private keys from an Electrum seed phrase even without one of these wallets.

I got it, chief. Wink

Individual private key => Single address
Mnemonic seed phrase => Multiple individual adresses/private keys

Is it ok to call BIP39 supporting wallet also a HD wallet (Hierarchical Deterministic Wallet) or does it refer to something else?