Post
Topic
Board Electrum
Merits 2 from 2 users
Topic OP
Electrum new wallets => Seed Type: Segwit
by
bitmover
on 11/12/2022, 22:37:56 UTC
⭐ Merited by pooya87 (1) ,dkbit98 (1)
I recently discovered that in newer Electrum versions you are not able to generate Legacy addresses anymore from a fresh wallet.

They somehow invented a "Seed Type: Segwit"
 
When I created a new wallet using their own seed standard (not bip39), I noticed that they didn't ask me which derivation path ( I wasn't able to choose Legacy). So I tried to import that new Seed into a new Electrum wallet. Look what I found:



This Seed has a "type: segwit"  it cannot generate, from electrum, legacy addresses.

I found this so weird.

We are seeing the obsolescence of Legacy addresses. Maybe they will be rare someday and not generated by most new software.