Author: Jonas Schnelli 2016-05-14 08:16:42
Published on: 2016-05-14T08:16:42+00:00
The conversation thread revolves around the concern of recovering funds from a wallet conforming to BIPXX, which requires wallet software to handle BIPXX. Making BIPXX backward compatible with previously created BIP44 or BIP43 purpose 0 wallets doesn't change this. Importing a bip32 wallet is still an expert job and can lead to bad security practice, especially without a sweep. Users prefer importing transaction history and sending all funds covered by that seed to a new wallet rather than importing private keys. The task can be better covered by a little GUI tool or cli-app/script, which accepts different bip32 schematics, different bip39 implementation, creates large lookup windows, creates a sweep transaction to a new address/wallet, and exports transaction history in CSV format. However, the idea may over-complicate things.
Updated on: 2023-06-11T05:20:56.256778+00:00