Post
Topic
Board Electrum
Re: Electrum new wallets => Seed Type: Segwit
by
DireWolfM14
on 12/12/2022, 17:40:05 UTC
I would say there is one little advantage on legacy addresses.  You can easily verify a signed message from a legacy address using any Software.

Honestly, I think this is a horrible reason to choose legacy over segwit addresses.  It's also unlikely that the core dev team will implement a method for signing and encrypting messages with Taproot addresses, but that won't prevent me from using Taproot exclusively as soon as I can.   

I recommend familiarizing yourself with GnuPG for signing and encrypting messages, it's a far more practical tool for this use case.


Code:
make_seed(128,"","standard")

Electrum will also allow to create 24 word seed phrases with the same command just by changing the nbits field:

Code:
make_seed(256,"","segwit")