Original archived Re: Recovery from extended seed without Electrum AND address generation-cold wallet
Scraped on 24/07/2025, 00:36:04 UTC
So it's clear that the PSBT contains the necessary instructions for the master private key (in offline Electrum) where to derive the key (witch the index number is).
The cryptography is impressive!
Interestingly, I put the psbt from my testnet transaction into
https://bip174.org/# and not only did it give me the input address path (ie. m/0'/0/39) but also the output address paths (m/0'/1/1 and m/0'/0/59, sending tBTC into address 59 in the same wallet). This surprises me, as I wouldn't think that would be the way it works. The partially signed transaction already has the output address, and only needs the signing wallet to look up the private key corresponding to the input, right?
Thanks for the link to those threads. Now I have some idea what is going on specifically with Electrum, in addition to what I have learned about the key generation process in general from reading the internet and ignoring the AI summaries.