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Showing posts with the label Where is seed in Bitcoin Core in comparison to Bread Wallet

Where is seed in Bitcoin Core in comparison to Bread Wallet

Where is seed in Bitcoin Core in comparison to Bread Wallet Im new to Bitcoin. I know the main software of bitcoin is Bitcoin Core. Recently i started using an iOS wallet called Bread. Its very simple! It gives me a 12 word key and says your master private key can extract from this and no need to backup your wallet as a file. My question is: i readed that Bitcoin Core in the new versions is an HD Wallet. But it never gives me a seed like bread. Im confused. I have an assumption but i dont know its right or not: My master private key stored in a file unlike bread. I have to encrypt my walled from bitcoin core settings menu and the from file menu choose Backup Wallet and save it. In fact, in the future, i have to import that file and enter encryption passphrase that i created in the encryption step and the software fetches my private key from that file and load my entire wallet from blockchain. In bread i enter that 12 word and bread creates my private key and so on... in bitcoin core ...