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⭐ Merited by vapourminer (1)
As hosseinimr93 said, your derivation path must start with 84' for native SegWit (Bech32) addresses. Native SegWit addresses start with bc1q.
Try these derivation paths:
m/84'/0'/0'
or
m/84'/0'/0'/0'
By the way, did you happen to use any step-by-step guides or tutorials while setting up Electrum with your KeepKey hardware device? It can be useful to retrace all your steps to find out what exactly is happening (perhaps you used an additional passphrase, or you chose a different account on your KeepKey device ...)
It worked ! ! m/84'/0'/0' worked the addresses are the same. Wow, what an effort! Many many thanks,
⭐ Merited by vapourminer (2)
It seems you all agree that the addresses should be the same, but they are not. I created a new wallet with the same bit39 seed, this time using keepKey derivation path: m/44'/0'/0' but without using a keepkey. Result: the addresses are different.
So I do not know what to think, but lacking any other new idea, it seems the only way to recover a keepkey hardware wallet with a broken keepkey is using another new keepkey which may or may not be available in the long term future. So I would be comfortable using it only for small amounts. But I would keep most of my funds in a standard Electrum hot-cold arrangement without hardware wallet; in fact I tried to verify the seed recover and in this case, without hardware wallet the verification works and I find the money.
Also this matter cannot be overly complicated, because, in general when something is too complicated it is easier it breaks somewhere, when you more need it. Simple stuff is more solid. So the standard Electrum hot-cold arrangement is very simple and easier to trust.
In fact, the purpose of this verification thread was exactly to understand how much this hardware wallet chance can be trusted. For that I asked help to you who are so much more knowledgeable than me. So again many thanks for your very valuable help.
So I do not know what to think, but lacking any other new idea, it seems the only way to recover a keepkey hardware wallet with a broken keepkey is using another new keepkey which may or may not be available in the long term future. So I would be comfortable using it only for small amounts. But I would keep most of my funds in a standard Electrum hot-cold arrangement without hardware wallet; in fact I tried to verify the seed recover and in this case, without hardware wallet the verification works and I find the money.
Also this matter cannot be overly complicated, because, in general when something is too complicated it is easier it breaks somewhere, when you more need it. Simple stuff is more solid. So the standard Electrum hot-cold arrangement is very simple and easier to trust.
In fact, the purpose of this verification thread was exactly to understand how much this hardware wallet chance can be trusted. For that I asked help to you who are so much more knowledgeable than me. So again many thanks for your very valuable help.
what you would need to do is not import the seed or any private keys..
instead you would have to import the MASTER PUBLIC KEY not the sending transactions singular public key
dont follow the other peoples advice about importing private keys or seeds
i have not used electrum myself but may wallets just scan for the first address of possibilities until you press a button to check the next possibility. some wallets also dont scan the blockchain for all addresses, and some dont scan/rescan until you re-open the wallet software so it can update its position and realise it need to scan the blockchain
so simply find the MASTER PUBLIC KEY on your cold wallet. only import the MASTER PUBLIC KEY into electrum
https://bitcoinelectrum.com/creating-a-watch-only-wallet/
then check the history tab as well as the receive tab
if nothing shows up try to resync the wallet(usually simply restart the app) or
https://bitcoinelectrum.com/frequently-asked-questions/#electrum-is-stuck-at-synchronizing-what-can-i-do-to-fix-this
instead you would have to import the MASTER PUBLIC KEY not the sending transactions singular public key
dont follow the other peoples advice about importing private keys or seeds
i have not used electrum myself but may wallets just scan for the first address of possibilities until you press a button to check the next possibility. some wallets also dont scan the blockchain for all addresses, and some dont scan/rescan until you re-open the wallet software so it can update its position and realise it need to scan the blockchain
so simply find the MASTER PUBLIC KEY on your cold wallet. only import the MASTER PUBLIC KEY into electrum
https://bitcoinelectrum.com/creating-a-watch-only-wallet/
then check the history tab as well as the receive tab
if nothing shows up try to resync the wallet(usually simply restart the app) or
https://bitcoinelectrum.com/frequently-asked-questions/#electrum-is-stuck-at-synchronizing-what-can-i-do-to-fix-this
franky1, many thanks, this is easy to do and even I did it and the satoshis show up, but this proves nothing related to my aim, because this test would work with any seed I wanted to import into the cold wallet. But I am not interested in any seed, I am interested only in the seed created by KeepKey hardware wallet. For that to be verified a transaction should somehow be present both on the Electrum-Keep-Key hot wallet and the cold wallet generated from the Keep-key seed and this is apparently impossible to do.
In other words all that matters in this case is generated by the Electrum-keepkey hot wallet, so the public key that matters is the public key of this wallet. But if I import this public key into the cold wallet (generated from the hot wallet seed) there is no sense whatsoever.
The only other possibility mentioned in this thread is that I imported a wrong seed into the cold wallet. I checked twice and think highly unlikely, but tomorrow I may try again.
The only other way to check this verification is to send the money to an address of the "hot" wallet, rather than of the cold wallet as I did, then export the master public key of the cold wallet to a third wallet (hot) a see if the transaction appears. I do not see that other chances appeared in this thread.
But again, many thanks to all for helping me see a bit more in this matter that is certainly not trivial.
At least this is what I understand from this thread, with the kind help
You can your transactions ID in transaction history of your address. Any block explorer should display that.
I found a page where it tells that this transaction has 80 confirmations and is confirmed.Either you are importing a wrong seed phrase or the addresses you are looking for had been generated on an uncommon derivation path.
Provided that you are generating the addresses on the same derivation path, your seed phrase should generate the same addresses with the same order.
I used the same settings for both Electrum wallets, with the exception that the first "hot" is a hardware wallet, so it does not have a private key and the second "cold" is a seed imported wallet and so it has a private key. This may involve the difference mentioned by @franky1, and for that the addresses may be different. At least that is what I understood from @franky1 post.Provided that you are generating the addresses on the same derivation path, your seed phrase should generate the same addresses with the same order.
Create a new wallet and select "Import Bitcoin addresses or private keys" and enter your address.
Take note that with importing your address, you create a watch-only wallet and you won't be able to spend your fund from that. A watch-only wallet is used for checking transaction history and creating unsigned transaction.
yes, thanks, I checked this, but this way I understand you create a new wallet, you are not importing the address that received the sats into the hot wallet with the same seed. Take note that with importing your address, you create a watch-only wallet and you won't be able to spend your fund from that. A watch-only wallet is used for checking transaction history and creating unsigned transaction.
If you want the fund to be spendable, you should import you private key, instead.
I just wanted a verification that the seed works without a hardware wallet. But I understand that this verification is just impossible without exposing the private key.many seed wallets need to "activate" addresses they use
by this i mean you ask your (cold)wallet to supply you an address of the seed as a receiver address
however due to cold status it has no blockchain to check for a list the amounts/balances of.
if it was hot that made the tx and requested the receiver address from seed, it then triggers the wallet to scan the blockchain for any transactions that use that receiving address.
now here is the thing, because a seed is not a privkey for 1 address but a phrase for many many thousands of addresses ..most wallets dont scan the blockchain for all possible addresses of the seed. each address you intend to use you need to activate in the wallet to tell the wallet to start searching for balance info when you make payments or request addresses to receive payments
this is why you need to trigger the actual hot wallet to actually watch for the receiving address so it can scan for the transactions
basically the hot wallet has been told to watch the sending address via you importing a single pubkey of sending address but has not been triggered to also watch the receiving address because the hot wallet has not been given the receiving address to watch. because you are only handing the hotwallet public keys and as your OP mentions, you only sent it the public key of the sending address and dont want to send it every receiving address each time. thus the hot wallet does not have the public address of receiving coins because you have not told it the receiving address to watch
by this i mean you ask your (cold)wallet to supply you an address of the seed as a receiver address
however due to cold status it has no blockchain to check for a list the amounts/balances of.
if it was hot that made the tx and requested the receiver address from seed, it then triggers the wallet to scan the blockchain for any transactions that use that receiving address.
now here is the thing, because a seed is not a privkey for 1 address but a phrase for many many thousands of addresses ..most wallets dont scan the blockchain for all possible addresses of the seed. each address you intend to use you need to activate in the wallet to tell the wallet to start searching for balance info when you make payments or request addresses to receive payments
this is why you need to trigger the actual hot wallet to actually watch for the receiving address so it can scan for the transactions
basically the hot wallet has been told to watch the sending address via you importing a single pubkey of sending address but has not been triggered to also watch the receiving address because the hot wallet has not been given the receiving address to watch. because you are only handing the hotwallet public keys and as your OP mentions, you only sent it the public key of the sending address and dont want to send it every receiving address each time. thus the hot wallet does not have the public address of receiving coins because you have not told it the receiving address to watch
Very interesting, many thanks
the easiest option is to re-use addresses where you get payments from yourself and others to a specific same address repeatedly thus its always scanning just one address you imported to watch, thus not needing to import public key per payment
Does anyone know how to import single addresses into Electrum? Well, in my case into the "hot" ElectrumYou say that you checked the transaction on the blockchain explorer, but in fact you checked the balance of the address. You need the TXID to find the transaction on the blockchain explorer. If your transaction was confirmed on the network, you should have its TXID.
Tried to google for TXID but all results point to blockchain explorer and in the transaction page of it I can find no mention of TXIDWhat do you mean by that? When you import your seed into a new wallet, it asks you which script type, i.e. which type of wallet you want. If you choose the wrong one, you will get a completely different set of addresses in your wallet.
Both "cold" and "hot" wallets have the same bc1 addresses of course. But instead of testing with transactions, and potentially losing money, why not simply compare the addresses in your "hot" wallet and your "cold" wallet to see if they match?
That is the first thing I checked. But the set of addresses are totally different, at least looking at the beginning. So I thought that different wallets may mix the addresses randomly, but the same be able to receive the transaction, for that I tested with real money.First many thanks to all, trying to clarify this matter
That's 0.00040000 BTC or 40,000 satoshi, not 40 satoshi.
ThanksWhat exactly did you do?
You have a BIP39 seed phrase and you tried to import that into electrum to make sure your wallet can be recovered. Am I right?
YesYou have a BIP39 seed phrase and you tried to import that into electrum to make sure your wallet can be recovered. Am I right?
If so, you should create a new wallet and select "Standard wallet" and then "I already have a seed". Click on "Options" and check "BIP39 seed" and enter your seed phrase.
In the next step, you must specify the script type. Select "legacy", if your addresses start with 1, p2sh-segwit, if they start with 3 and native segwit, if they start with bc1.
That is what I did, I selected bc1In the next step, you must specify the script type. Select "legacy", if your addresses start with 1, p2sh-segwit, if they start with 3 and native segwit, if they start with bc1.
Are you sure you sent 40 satoshi? That's smaller than the dust limit and such a transaction should be rejected by the nodes.
The dust limit is 294 satoshi for segwit addresses and 546 satoshi for legacy addresses and you can't make a transaction creating smaller outputs.
The dust limit is 294 satoshi for segwit addresses and 546 satoshi for legacy addresses and you can't make a transaction creating smaller outputs.
I am not sure, but this is what blockchain explorer writes about this transaction:
Quote
This address has transacted 1 times on the Bitcoin blockchain. It has received a total of 0.00040000 BTC $12.14 and has sent a total of 0.00000000 BTC $0.00 The current value of this address is 0.00040000 BTC $12.14.
Total Received
0.00040000 BTC
$12.14
Total Sent
0.00000000 BTC
$0.00
Total Volume
0.0004 BTC
$12.14
Transactions
1
Total Received
0.00040000 BTC
$12.14
Total Sent
0.00000000 BTC
$0.00
Total Volume
0.0004 BTC
$12.14
Transactions
1
Your seed phrase is all you need. If you import your seed phrase in a new wallet and select the correct script type and derivation path, you should see the same addresses.
No I did nothing about script type and derivation path. So in the lack of these settings, is there no way the [Suspicious link removed]ives and the verification can work?
Dear friends
After getting hot Electrum/hardware KeepKey working, I wanted to verify if I can load the same seed on an independent installation.
So I loaded the same Bip 39 seed on another cold computer, not connected to internet and without hardware wallet, only using Electrum.
Then I sent 40 sat to a receiving address of this last cold computer hoping that the amount would appear on the first hot computer. The transaction is confirmed by bitcoin explorer, but nothing appears on the hot wallet and I wonder why.
I know this is not the standard canonical way of setting a cold and hot Electrum wallets, moving the public key from the cold to the hot wallet. But this is not what I want to do. I am calling the wallets hot and cold just to identify how they are connected to internet, but they are not supposed to work together. The first Electrum/KeepKey wallet is already complete in itself and does not need the second.
I just want to verify that the seed really works on an independent installation without a hardware wallet and I supposed that in this case we should be able to use the same addresses. Otherwise how can we access the bitcoins?
What am I doing wrong?
Best
After getting hot Electrum/hardware KeepKey working, I wanted to verify if I can load the same seed on an independent installation.
So I loaded the same Bip 39 seed on another cold computer, not connected to internet and without hardware wallet, only using Electrum.
Then I sent 40 sat to a receiving address of this last cold computer hoping that the amount would appear on the first hot computer. The transaction is confirmed by bitcoin explorer, but nothing appears on the hot wallet and I wonder why.
I know this is not the standard canonical way of setting a cold and hot Electrum wallets, moving the public key from the cold to the hot wallet. But this is not what I want to do. I am calling the wallets hot and cold just to identify how they are connected to internet, but they are not supposed to work together. The first Electrum/KeepKey wallet is already complete in itself and does not need the second.
I just want to verify that the seed really works on an independent installation without a hardware wallet and I supposed that in this case we should be able to use the same addresses. Otherwise how can we access the bitcoins?
What am I doing wrong?
Best
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
[/quote]
I think synereo is planning on switching from omni to ethereum. I'm not sure if they could switch to rchain or not..but if it were possible to switch to rchain would this solve the underlying problem?
[/quote]
It will happen some day, but this will not fix Dor.
Synereo should get rid of him, but is there some governance system to allow that? I do not know. He will probably leave the ship before it sinks. After that the project may be saved
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
so rchain is just supposed to more secure and scaleable?
Well the problem is: Which features should have the foundation of the future crypto development, allowing other applications to build on it? Can Ethereum fulfill these requirements since lots of cryptos are already based on Ethereum, but PoS is not even operative after years?
It is very difficult to list these features and their importance because they project into a future that does not yet exists. Rholang, the new language to program Rchain and its contracts is very powerful, but at the same time secure, and easy which is a very difficult combination to achieve. This will open a lot of doors.
There are two independent venture companies seeding many new applications on Rchain such as secure permanent identity impossible to forge. I see far lower risk now.
For me it is a way to help build a future I like.
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
Quote
Wow so many negative comments about this project. I'm loving these low prices. I will buy all the AMP myself lol. I see people are promoting the Rchain. I went to check it out and it seems the message board there is also filled with negative comments. Can anyone tell me what is better about Rchain? What are the differences? They dont seem to have any product like synereo does. Rchain has a huge market cap compared to AMP but what have they accomplished? Synereo project seems similar to steemit imo..Just way more user friendly. I honestly would like to know where a better project can be found. I see so many coins with huge market caps but no product just vaporware.
After living of investments after more than 20 years I can tell that the most important part of any project is people.
Great people make flourish even mediocre projects, but people like Dor Konforty are able to destroy even the best ideas because they lack honesty, moral values and capacity.
This is by far the most important thing in investments.
When Greg Meredith and Dor Konforty separated in the mess typical of such things I tried to meet the people and understand what was going on. Greg seemed a visionary, a typical inventor, but with the added discipline and experience of directing projects at Microsoft for many years. I liked this combination and took a big risk because at that time Rchain had nothing except Greg and his visions. Dor kept all the money.
Greg's point was that you cannot build a castle without solid foundations. He was trying to do that, the mathematical, structural and security foundations that lacked in most crypto project.
I helped him because it is something of value, even if it is very difficult. Dor did not mind about that, he wanted to do something fast to make money fast.
If you do not solve the real problems of the people, your investment is wasted.
Now Rchain risk is much lower they raised more than $ 10 million and they have lots of high level developers working full time. Great people attract other great people. It is a natural law. But the contrary is also true: Dor wil get surrounded by people like him.
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
A very long time since I was reading here about the scam Dor Konforty organized to get a financing using the name of Greg Meredith, hiding that he was not willing to support him in the monumental effort to create Rchain.
But today I wanted to look at the Synereo chart and must confess was really happy to see the complete disaster it is. Being stupid and arrogant at the same time is a lethal combination, specially doing it in public.
We should remember this name Dor Konforty. It reminds me another miserable John Sculley, who did not think twice before kicking Steve Jobs out of his own company, Apple. Then he destroyed the company and finally abandoned it. Then Steve Jobs had to come back and rebuild it. What a shame!
Will the same happen here, with the Synereo project finally built on Rchain? Who knows, but it would be the legitimate conclusion.
But today I wanted to look at the Synereo chart and must confess was really happy to see the complete disaster it is. Being stupid and arrogant at the same time is a lethal combination, specially doing it in public.
We should remember this name Dor Konforty. It reminds me another miserable John Sculley, who did not think twice before kicking Steve Jobs out of his own company, Apple. Then he destroyed the company and finally abandoned it. Then Steve Jobs had to come back and rebuild it. What a shame!
Will the same happen here, with the Synereo project finally built on Rchain? Who knows, but it would be the legitimate conclusion.
Re: FAQ: All About Unconfirmed 0 Confirmation Transaction Fee (READ before posting!)
My first transaction was unconfirmed for a week, then I had to stop Electrum and start it again. After that my transaction has 1151 confirmations! From nothing to a huge confirmation.
Is this expected behavior?
Best
Fran
Is this expected behavior?
Best
Fran
multisig cold wallet laptop, cold wallet android + watching wallet
Paranoid here,
After reading a lot of your docs I am still confused.
Is it possible and does it make sense to set a 2 of 2 multisig, one cold on laptop (no network), the other cold on android (no network), and a watching on a third device? The plan is to prepare a transaction in watching, then sign it on android connecting the phone via USB cable and finally signing the file with the cold laptop?
If it is possible which minimum Android version is required?
If it is not possible or unstable, would it work better buying some hardware wallet to replace the phone?
Thanks
Fran
After reading a lot of your docs I am still confused.
Is it possible and does it make sense to set a 2 of 2 multisig, one cold on laptop (no network), the other cold on android (no network), and a watching on a third device? The plan is to prepare a transaction in watching, then sign it on android connecting the phone via USB cable and finally signing the file with the cold laptop?
If it is possible which minimum Android version is required?
If it is not possible or unstable, would it work better buying some hardware wallet to replace the phone?
Thanks
Fran
Re: If I install and use Electrum, then will I be able to export my bitcoins?
will I be able to do that without the help of an Electrum server?
Yes.For example will I be able to export my private key to a web wallet for using my bitcoins there? Or any other possible way?
Exactly that way.You'd use Wallet -> Private Keys -> Export (then decrypt your wallet, if you've encrypted it)
You'll get a list of all private keys currently included in your loaded wallet file and the according addresses.
You then can export those either by hand or as csv/json file.
Many thanks Lutpin. I really appreciate
If I install and use Electrum, then will I be able to export my bitcoins?
I plan to install and use Electrum to buy and store bitcoins.
In the extremely not probable case that no Electrum server is reachable form my location, and I want to move my bitcoins elsewhere, will I be able to do that without the help of an Electrum server?
For example will I be able to export my private key to a web wallet for using my bitcoins there? Or any other possible way?
Best
Fran
In the extremely not probable case that no Electrum server is reachable form my location, and I want to move my bitcoins elsewhere, will I be able to do that without the help of an Electrum server?
For example will I be able to export my private key to a web wallet for using my bitcoins there? Or any other possible way?
Best
Fran