Post
Topic
Board Bitcoin Technical Support
Merits 5 from 1 user
Topic OP
Multibit HD to electrum or BRD ?
by
Mayhys31
on 01/04/2021, 14:15:31 UTC
⭐ Merited by OmegaStarScream (5)
Hi,

A few days ago I could reactivate an old multibit HD wallet (crashed in 2017) on BRD, using password seeds. The balance of BTC is similar in my memory and I could extract all transactions between 2016 and 2017 to verify the balance.

Here is my issue: I have the right balance on BRD(Fast Sync mode) but I cannot transfer it neither exchange it. In Electrum, the balance is completely different (around 100 times less).

When I try to sync BRD with normal sync, arrived around 32% of sync, my balance is divided by 100 like on electrum. I stopped the normal sync on BRD. I reinstalled the BRD wallet and in fast sync, my initial balance reappeared.

Here are my questions:

   •   Why the balance is different between BRD fast sync and electrum ? (I read somewhere that multibit HD had very low low fees )
   •   Is there any risk to loose BTC during sweeping process because of these multibit low fees?
   •   Do I have to adjust fees in BRD or electrum to preserve my balance ?

BRD team answer:

   •   They don't understand why I cannot transfer the BTC
   •   They advice me "normal sync mode" and to wait until final synchronisation, according to them, I have no risk to loose my initial balance (because of fees) during sweeping process.

I am little bit lost. To adjust fees in electrum, it seems i need password keys but they are encrypted in aes.
Every advices are welcome Smiley

Mat