Post
Topic
Board Bitcoin Discussion
Re: BIP39 Offline tool to generate paper wallet
by
hosseinimr93
on 17/05/2024, 21:57:53 UTC
I'm thinking should OP also add the Electrum version if his using electrum and the deprivation path because I read about such somewhere.
Electrum uses a fixed derivation path when deriving addresses from a seed phrase that has been generated by itself.

Even if you have a BIP39 seed phrase, most wallets use standard derivation paths and you sill don't need to write down the derivation path.
You only need to write the derivation path, if your seed phrase is BIP39 and your wallet uses an uncommon derivation path for generating addresses.