Situation at time of writing:
Written as of 29 May 2016; web based Blockchain.info wallet is HD; MultiBit is also HD.
Since its become a little uncertain whats going to happen with Armory as a wallet; I decided to explore some other wallets.
After signing up with blockchain.info (and getting the N word recovery phrase) I transferred a small amount of BTC into my new Blockchain.info wallet. So far so good.
Now my understanding is that a Hierarchical Deterministic wallet (HD) such as MultiBit HD should be able to restore the wallet using those N words.
So effectively playing the disaster recovery game; I have installed MultiBit HD; Gone through the recover process using my recovery phrase. MultiBit had downloaded some 130K+ blocks. And I end up with a wallet that seems operational BUT... and this is the but.... no BTC.
My blockchain.info account is showing the BTC; but MultiBit is not.
Therefore either a) My understanding that I should be able to restore the wallet - and its BTC from the recovery phrase is incorrect (pretty sure that that's the whole point!)
or b) I am doing something wrong with MultiBit.
Yes this scenario would mean that I would have (as Blockchain.info is not down) 2 wallets with the same BTC but this would be on the same address(es) and the blockchain would protect again any attempt to spend twice.
Basically looking to feel protected in that with my recovery phrase I can recover the wallet (either to blockchain.info / to multibit HD or other wallet) should PC's blow up, web sites crash etc.
Any advise? I have repaired the MultiBit HD wallet a few times - but always sits at 0 BTC
Thanks in advance