- Apr 25, 2015
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- Create a new Electrum wallet:
- Use a standard wallet:
- Create a new seed:
- For your seed type, select legacy:
- Finish generating the seed, backup your seed somewhere safe, and confirm your seed.
- Password protect your wallet with a good password like "What-the-schnell-h03$" or "!SellH03$_for_$$$" something easy for you to remember and others will not guess - not even the robots.
- Optionally you may confirm wallet information:
The script type p2pkh allows for legacy support, whereas the p2wpkh is the newer SegWit wallet which may not support some senders of BTC (Bitcoin).
I hope this has been helpful to anyone...
This post was inspired by https://bitcoinelectrum.com/creating-a-p2sh-segwit-wallet-with-electrum/
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