Bitcoin Q&A: Derivation Paths and Watch-Only Wallets
Channel: aantonop
Date: 2019-05-22

Why am I experiencing a mnemonic seed recovery failure? What are derivation paths? Is there a security risk for watch-only wallets with the master public key? Is there a security benefit from splitting funds between multiple hardware devices and seeds?

Chapters
0:00 Is there a way that I could verify that my receive address is linked to my mnemonic seed? Is it possible that my wallets are malfunctioning?
4:59 How do you know which derivation path is used by your wallet?
6:28 How do you find the correct receive addresses?
7:01 Is it possible that the wallet takes multiple days to update the balance?
7:41 Is there a security risk in monitoring the balance of funds on a hardware wallet with a watch-only client using the master public key? 
10:01 Is there a security benefit to splitting funds between multiple hardware wallets or multiple seeds?

These questions are from the March monthly subscriber session, which took place on March 30th 2019. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop

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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in Bitcoin. He is the author of “Mastering Bitcoin,” “The Internet of Money" series, and "Mastering Ethereum."

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