Wednesday, November 20, 2024

Is it protected to reuse my seed to create a distinct pockets that helps Bitcoin?


I created a pockets for Ether utilizing MyEtherWallet. I wish to retailer Bitcoin now, however MyEtherWallet doesn’t assist it.

Since I desire not having two bear in mind two completely different seed-phrases, I used to be pondering of simply reusing the 12 phrase seed-phrase of MyEtherWallet to create a brand new pockets on one which does assist Bitcoin, for instance Electrum (I do know that Electrum does not use the usual BI39 protocol).

I can not consider any drawback with doing this, however I am form of new to this, so possibly there’s one thing I have not considered.

Is there one thing I am lacking right here? Is doing this thought of unsafe?

EDIT: I have to add that in the intervening time and for the foreseable future, I don’t plan to spend any crypto, solely accumulate. My seed-phrase was generated on an outdated laptop computer that may by no means be linked to the web. The one factor that ever sees the sunshine of day is my public deal with, which I take advantage of to ship crypto to my pockets.

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