⭐ Merited by JayJuanGee (1)
Today I saw a tweet from @Alex Bosworth.
Of course he’s referring to the derivation path.
How this could be addressed in our case?
The first solution would be of using the WIF standard, as suggested by Federico tenga in his article.
Another one it would be to use a common wallet to generate the seed, so that funds are stored in a well known derivation.
I didn’t explicitly mention derivation path as I didn’t want to mess up things. Maybe it’s better to state the obvious? “Don’t use any fancy wallet to generate the seed? I should include a derivation washers”? Might be unintelligible by the person who should get the Satoshi?
Of course he’s referring to the derivation path.
How this could be addressed in our case?
The first solution would be of using the WIF standard, as suggested by Federico tenga in his article.
Another one it would be to use a common wallet to generate the seed, so that funds are stored in a well known derivation.
I didn’t explicitly mention derivation path as I didn’t want to mess up things. Maybe it’s better to state the obvious? “Don’t use any fancy wallet to generate the seed? I should include a derivation washers”? Might be unintelligible by the person who should get the Satoshi?