good morning nostr, I hope you're having a good day! I'd like to #AskNostr about:
What are the differences, advantages, or disadvantages (if any) between importing a wallet on Electrum and/or Sparrow using the Seed Phrase, compared to doing so using the Master Private Key (xpriv) to create the wallet file & keystore.
I'd like to know so I can decide what method to use (import via seed or the xpriv) for both a hot and a cold wallet use case.
Any help or resources would be greatly appreciated!
#learningbitcoin