My mnemonics on greenaddress contain 24 words !!!!! Is anything wrong?
How can I know my private keys?
If I know my private keys I gain access to my bitcoins outside greenaddress too. Am I right?
Can anyone explain it to me?
Regards.
That's fine. Many wallets use 12 words, but some use 24. They do basically the same thing internally.
Don't do the bitaddress.org thing; it's too error-prone to deal with private keys individually.
How GreenAddress works normally is that when someone sends you money, they send to a 2-of-2 multisig requiring a signature from both your private keys and GreenAddress's own private keys. This allows GA to apply extra account protections such as 2-factor-authentication, which you normally can't do if you have a software wallet. But it means that you can't spend your money with
just your private keys if you don't take additional steps. Therefore, for maximum trustlessness with GreenAddress, you should do one of these things:
- Create a 2of3 account in settings, and use just that account. Then you will be able to spend your money with EITHER [your original 24-word mnemonic AND GA's cooperation] OR [your original 24-word mnemonic AND your additional 24-word mnemonic given to you when you create the 2of3 account].
- Enable sending nLockTime transactions to your email in the settings. This will allow you to spend your BTC with just your private keys after an up-to-90-day wait time.
Again, it's better not to use a Web wallet at all, but GA plus one of those two additional measures is
OK.
hello sir my money is in mycellium android wallet, is it fine? just leave like that?