Confusing derivation path for BRD, Multibit and Hodlwallet

nvk / walletsrecovery.org

Information about wallet defaults for external recovery

https://walletsrecovery.org/

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Confusing derivation path for BRD, Multibit and Hodlwallet #30

Closed maxtannahill closed 4 years ago

maxtannahill commented 4 years ago

In the Ian Coleman tool, a derivation path of m/0'/0 is required in the BIP32 Derivation Path field but in Electrum, a m/0′ derivation path is used.

Users need to be clear which path to use if they are going to recover their wallets correctly.

"BIP32 non 44 Compatible" is still not clear enough.

nvk commented 4 years ago

Want to make a PR with better language? Needs to fit. Or add notation and more info at the bottom.

maxtannahill commented 4 years ago

Yes, eventually. I firstly need to understand what the correct notation is. The two paths don't seem interchangeable.

nvk commented 4 years ago

BRD fixes.

hosiawak commented 4 years ago

I suggest using the base derivation path that Electrum expects because Electrum is most likely the tool that will be used to recover all these wallets.