The grey tabs on the left will become blue, indicating we have a valid wallet. The wallet is now complete!Ĭlick Apply button to save the wallet and choose a password to secure it. These are synonymous and Sparrow lets you switch between them using the button on the right.īecause we have already specified all these details when creating our seed, we don’t need to make any changes here. Note that some script types have aliases for the xpub which identify the script type as well (ypub, zpub etc). The derivation path for the xpub, which is usually different for each script type This identifies the master private key of the keystore, and is the same no matter what the derivation path is The name of the keystore (to identify when signing) ![]() Sparrow will use your seed to calculate the xpub for the derivation path specified, and display it on the Settings screen:Įach keystore has the following fields: Field We don’t need to make a change here, so click Import Keystore: Sparrow will then give you the opportunity to check your derivation path. Now click Create Keystore to create your seed. If your words are correct, Sparrow will indicate this by displaying message with ‘Valid checksum’. Sparrow checks that you have done this process correctly by asking you to re-enter the words.Ĭlick Confirm Backup…, then Re-enter Words… and re-enter the 12 words in order. You will now need to write these words down for safekeeping. Click the Generate New Button to get Sparrow to randomly choose 12 words (note your words must be different!): You will now see 12 text fields which will contain the secret words for our seed. We are going to choose the minimum number of words (12) by clicking on the arrow next to Enter 24 Words to open the dropdown:Ĭlick Enter 12 Words. This guide will create a keystore using BIP39, a common standard which uses a set of words to create a private key or seed. For Software Wallets, you can choose Mnemonic Words (BIP39) or Electrum import. Here you can see on the left the first 3 types of keystores from the table above. Select the 3rd button, New or Imported Software Wallet. To create a wallet with an xpub that can see your transactions but not spend them directlyįor this guide we are going to create a Software Wallet. To create a wallet with the private keys in Sparrow, or to import a wallet (like Electrum) You can choose between four different kinds: Typeįor connecting your Coldcard, Trezor etc with USB to your computerįor adding your Coldcard or Cobo Vault hardware wallet without connecting it Now we need to choose which kind of keystore we want for this wallet. This is the default, so we can leave the settings as they appear: What type of Bitcoin script will be used (Native Segwit, Nested Segwit etc)ĭetails of the public and private keys your wallet is aware ofįor this guide, we are going to create a single signature wallet using a Native Segwit (P2WPKH) script type. Every Sparrow wallet has the following details: Field You are now shown the Settings screen for your new wallet. Creating Your First WalletĮnter a name for your first wallet and click New Wallet: There is no additional configuration necessary.įrom here, you can proceed to click Create New Wallet. Note that the URL in the dialog might be different for you, since Sparrow selects a server randomly if one is not configured. Read the best practices guide for further information in considering which approach is right for you. Your funds are never at risk, but your privacy is shared. In that case, you should only connect to a server you trust. Warning: It is not advisable to use Sparrow with a public server if you plan to store any significant funds. ![]() Sparrow Server SetupĪfter you have completed the Welcome wizard, click Configure Server and you will see the following dialog: The toggle will change color depending on which one of the 3 types of connections you are using. ![]() The Welcome screen also explains how you can switch between online and offline mode at any time when using Sparrow with the toggle button that appears in the status bar. It is not recommended to do this for any significant funds, but it’s a simple way to start using Sparrow. This means sharing your public key information (and thus your privacy) with whoever is running the server. In this guide, we’ll being connecting to a public server. There are 3 ways to connect Sparrow to a server to view your balance, and send and receive transactions: You can also use Sparrow offline to verify wallet addresses, and analyse and sign transactions and messages. Welcome to SparrowĮvery new Sparrow installation starts with a Welcome wizard to explain the different ways of connecting Sparrow to the Bitcoin blockchain. Once verified, install and run Sparrow as normal for your operating system. Sparrow can be downloaded from the Download page.īe sure to follow the instructions on the page to verify your download before proceeding.
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