Post
Topic
Board Electrum
Re: How to get a Taproot address?
by
Pmalek
on 09/11/2024, 09:16:23 UTC
However, Electrum can still generate seed phrases (Electrum seed type, https://electrum.readthedocs.io/en/latest/seedphrase.html) using the console to create wallets with Legacy address types, https://bitcointalk.org/index.php?topic=5338687.msg57048278#msg57048278.
I see no benefits in creating a legacy wallet in 2024. It's good to know that you could in case you needed to. But even if you must send bitcoin to an old legacy address, the wallet you are sending from doesn't have to be legacy. And if you are using a service that only makes payments to legacy addresses, forcing you to use them, it might be time to look for an alternative. If they couldn't make time to add support for segwit, who knows what else they have overlooked that might affect you personally.