Quote from: ETFbitcoin on Today at 09:12:31 AM

Quote from: takuma sato on Today at 04:41:28 AM

Quote from: ETFbitcoin on November 21, 2023, 10:23:54 AM

--snip--

I see a problem with this:

Quote

This is one of the most noticeable differences. With descriptor wallets, you cannot export the private key for one address. This is because a child private key combined with the parent public key can be used to compute the parent private key (and hence all other child private keys). This is a risk inherent in BIP 32's unhardened derivation. As such, descriptor wallets disallow the export of child private keys in order to mitigate the risk of accidentally exposing the parent private key.

But you shouldn't be exporting individual private keys anyways. The wallet does not use just one private key, so having an individual child private key is really not that useful.

If you want to export a private key that contains a reasonable amount to carry on a phone and import it into the phones Electrum wallet or whatever, then with the new format you wouldn't be able to do this, because apparently you will not be able to export individual private keys due the new format.

I get your point. But importing Bitcoin private keys to another device/wallet usually isn't recommended. Just create new wallet on your phone and send some Bitcoin to it.

Look at the fees, not really great to waste money on fees when you are looking at current rates, and we aren't talking settling big amounts, but small amounts to use on a phone number, so it's really not worth it. Importing and exporting private keys could be reasonable if were you hold your keys is an airgapped device, and you could use a QR code reader so nothing is leaked, and we are talking private keys that don't hold some huge amount so it shouldn't be a problem. I'll need to evaluate what is the best way. At least I've seen an achow interview where he says they will keep support for old wallets for at least 3 years, beyond that you'll have to convert the format