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blocktrail / blocktrail-sdk-php

BlockTrail's Developer Friendly PHP SDK for the BlockTrail API
MIT License
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Import wallet to electrum #78

Closed n0n0n0n0 closed 7 years ago

n0n0n0n0 commented 7 years ago

How to import wallet to electrum? Are there any examples?

afk11 commented 7 years ago

Since the wallet uses multisig, it's not really possible to import the wallet into electrum in a usable way. You should send your coins to a new electrum seed.

n0n0n0n0 commented 7 years ago

So wallet can be used only via blocktrail service and if (hope not) it will close in future or smth will happen with it we'll lost our coins w/o any options to restore wallets? right?

afk11 commented 7 years ago

No, you have it wrong. When you keep your backup PDF, you can recover your coins even if we close down.

From a recovery standpoint, our wallets use their own scheme which you can 'backup from' easily, but wouldn't be accepted by other wallets. You could re-encode the seed and stuff for electrum, but, electrum won't be able to cosign with blocktrail/your second key, so how would it work anyways?

rubensayshi commented 7 years ago

https://github.com/blocktrail/wallet-recovery-tool

this tool will always let you recover your BTC, it has https://insight.bitpay.com/ builtin data source as fallback for if our servers are down.

you can see a running version here; https://recovery.blocktrail.com
which is hosted by github (using github pages).