How Is My Ether Wallet Private Key Generated
The public wallet address which now contains your Ether. The private key which you thought you typed when the incorrect public wallet address was generated. In which circumstances will this be able to find the private key to the wallet which contains my Ether? If the private key that you actually typed is the same length as the real one. Oct 17, 2018 This article is to provide a guide on how to generate ECDSA private key, then derive to Ethereum wallet address by using PHP 7.0. The code requires PHP.
Ether wallet private key recovery (Ethereum)
When you've made an Ether transaction on the Ethereum network and you incorrectly typed your private key in something like https://www.myetherwallet.com, so then you've taken the generated public wallet address and sent your Ether to it, even though it doesn't relate to your real private key.
- The public wallet address which now contains your Ether.
- The private key which you thought you typed when the incorrect public wallet address was generated.
- If the private key that you actually typed is the same length as the real one
- If you only made a single typo when entering the private key
4 min read
Ledger Hardware Wallets are some of the most secure and intuitive cryptocurrency hardware wallets out there. They are available for purchase here.
Please purchase hardware wallets from the original source. Hardware wallets bought off ebay or from other vendors cannot be guaranteed secure.
This particular hardware wallet supports a wide range of cryptocurrencies, but this guide is specifically made for accessing Ethereum and ERC-20 tokens while using MyEtherWallet (MEW).
This part is very important. Your Ledger device comes as its own SEPARATE wallet. You should not import your old MEW address into this, or use your old wallet with it. It has its own private key, encrypted into the device itself. You will be choosing a new ethereum address on this device, and using it as your new main wallet.
Without further ado, let’s begin!
Using Ledger with MEW
Step 1. Attach and unlock your Ledger device. You should see a few different sections to choose from, choose the Ethereum section as shown above. Click both buttons to open it.
Step 2. Click into this Setting section with both buttons.
Step 3. You will see “Contract Data” in this section. License key generator open source. Make sure this option is turned to “Yes”.
Etherscan
Step 4. Good job, it’s all ready now! Head back to the “Ethereum” section and leave your Ledger alone for a moment. Let’s head to MEW!
Step 5. Check the URL for the “MyEtherWallet Inc [US]” SSL certification to make sure you’re on our real, secure site. Are you? Great! Head to ‘Access My Wallet’ and choose the option that says ‘Hardware’. Click the ‘Ledger Wallet’ option, and choose ‘Connect With Your Device’ with your Ledger device still attached, unlocked, and ready.
Step 6. A screen showing different networks and derivation paths should appear. Choose which network you’d like to connect to, and which path you’d like to use. For regular ETH usage, you should be on an ETH network, under the Ethereum derivation path. You can also access other networks, such as Ethereum Classic (ETC), by choosing the related network path.
Step 7. You will see a list of addresses. These are your new addresses to choose from for your main wallet! Choose one out of the five that you like. (Most people choose the first one, but you don’t have to.)
Metamask
Step 8. You should now be taken to a screen that looks very similar to your old wallet’s access screen. Great job! You’re officially using your new Ledger hardware wallet!
What About My Old Wallet???
If you are coming from an old wallet and want your ETH and tokens on your new, secure Ledger address, you will need to send your funds to your new address through regular transactions. This can be achieved by accessing your old wallet through MEW wallet, MetaMask, Keystore file, or private key (however you usually did it before the Ledger). From here, send your ETH and tokens to your new Ledger address, ready to be accessed in a more secure fashion.
Please be advised ETH will be required for gas to move any tokens held in your old wallet. We recommend holding .01 ETH to cover 2 - 3 transactions.
How Do I Restore My Ledger to a New Device?
My Ether Wallet Reviews
Ledger made a clear and easy to follow guide on how to restore your Ledger device here.
Troubleshooting
Most issues with the Ledger can be fixed by performing a hard refresh (using CTRL+F5), making sure Contract Data is turned to ‘Yes’, confirming that all the firmware is updated to its latest release, and trying a new connecting cable.
How Is My Ether Wallet Private Key Generated System
As always, feel free to contact us at support@myetherwallet.com. We are always happy to help!