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Replying to Avatar boston wine

#asknostr

Imagine you have a hardware wallet with no passphrase, and it holds existing funds. Then you add a passphrase. Is the following correct?

1. The passphrase wallet will be new and empty

2. The original wallet still exists with all funds, and can be accessed by leaving the passphrase field blank (in Sparrow, or whatever watching wallet) when opening the wallet.

3. You can create a passphrase in your watching wallet without needing to reconnect the HWW, assuming you have previously imported the xpub.

Thanks in advance 🙏

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Sovran Systems 1y ago

The BIP 39 passphrase is next level. If done right with a very very very secure computer, IMHO, you do not need a HW.

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boston wine 1y ago

Interesting point. I’m mostly just looking for a simple way to create a new “account” to separate and allocate different funds

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Sovran Systems 1y ago

Got ya. Yes, the BIP 39 method will work for that.

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boston wine 1y ago

🙏🤝🫡

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