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Wallet recovery servicesexample.com
21 sats \ 5 comments \ @deSign_r 28 Jan 2025 security
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42 sats \ 2 replies \ @DarthCoin 28 Jan 2025

https://walletsrecovery.org/ - not a real recovery service but a list of all wallets types and recovery features that each user should know.

I always revommend to noobs to save not only the seed but also derivation path, wallet birth date, xpub/zpub, few generated addresses and any other useful information.

Recovery services should not be needed if users pay attention and learn these things and save properly their new wallets.
If you need a wallet rrcovery service it means you are too dumb for using bitcoin.

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10 sats \ 1 reply \ @deSign_r OP 28 Jan 2025
I always revommend to noobs to save not only the seed but also derivation path, wallet birth date, xpub/zpub, few generated addresses and any other useful information.

Such sweet reminder, thank you!

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1 sat \ 0 replies \ @DarthCoin 28 Jan 2025

Yes, as educators, we often (wrongful) say "you only need 12 words to remember", but nowadays we have so many wallet types that a noob can get lost in them.
Using an (offline and encrypted) password manager app like Keepass or Bitwarden is a must in order to save all this information.

Also wallet devs /designers should ask the important question before they start making a new wallet: why noobs are losing access to their wallets?
The answer is because they do not save ALL the information about that wallet.

  • derivation path - is very important. I've seen a lot of noobs losing their head because they didn't used the right derivation path with the seed they saved.
  • recovery practices - many new users do not practice recovery procedure BEFORE depositing any sats in that wallet. YOU DO NOT need to deposit sats in order to check if a wallet is recovered correctly! Is enough to check the first generated addresses or the xpub
  • xpub/zpub - it is a very important information
  • first 2-3-5 BTC addresses - is good to have them at hand, in case you do not have the xpub
  • birth date of a wallet - especially for aezeed and complex wallets
  • LN nodeID (pubkey) - if you use a LN node it is very important to save this information too
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0 sats \ 0 replies \ @ama 28 Jan 2025

I wouldn't trust any company with my monies, so I'd only use BTCRecover should I ever need it. It's open source and you install it and run it yourself locally. I personally have never lost access to any of my wallets, but I used a similar software (a script in Python) years ago to succesfully recover a couple of wallets (Bitcoin and Solidcoin) for someone else.

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0 sats \ 0 replies \ @deSign_r OP 28 Jan 2025

I had to add more and replace the original link with example.com!

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