1

If I generated 24 words from a Ledger Nano, can I import these to a lightning network wallet e.g. Eclair?

2 Answers 2

0

A lightning network wallet can be compatible with a Ledger Nano generated wallet, but doesn't have to be.

Ledger nano generates seeds (the 24 words) using BIP 32/BIP 39/BIP 44.

I checked to see what format eclair uses, and it seems to use BIP 49 instead of BIP 44. This seems to suggest that the seeds are incompatible, but I haven't confirmed this.

If you want to do so, you can try importing your Ledger seeds into eclair, which is a non-descructive action (i.e. it won't affect your wallet/funds).

1
  • 1
    They should be compatible, BIP49 is the segwit extension of BIP44 (which is necessary for ln). The ledger seed should work fine Commented May 9, 2018 at 13:10
0

It depends on the wallet. Currently, most lightning wallets use different methods for backing up and restoring your funds, as it's a little bit more complex than a regular bitcoin wallet.

But Phoenix for example does support BIP39 seeds so far.

It is also important to note that you should never use your seed from a hardware wallet in a software wallet. Moreover when it comes to lightning wallets you will still need channel backups to make sure you can restore your funds properly.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.