Topic: Create Taproot address for your Bitcoin - page 2. (Read 1262 times)

You might want also to add Exodus to the list

• Earlier in the month, OmegaStarScream mentioned "some" of the steps for Exodus, but for a detailed step-by-step version ^{[desktop and mobile]}, you can refer to the following article by Exodus: How do I enable and find my Taproot address?

If you still don't know what is Taproot and how to get a Taproot address bc1p, please read this topic.

And if you want to know about Taproot adoption, what wallets support Taproot, what exchanges support it, there is Bitcoin Taproot (Bech32m - bc1p) adoption for you.

it's quite sad electrum is too late to implement, electrum is what most people used. The dev must be looking to implement it on the next update.

No.
Since version 4.1.0, it's possible to send fund to a taproot address, but it's still impossible to create a taproot address in electrum.
According to the post made byecdsa on electrum's github, developers surely have plan to add the possibility of creating taproot addresses in electrum.

Nice tutorial, this was pretty clear though I haven't yet tried. I will have a try tonight with my ledger one.

Everything is clear but what I'm concerned is why have you blurred the address in the url section while the same address is available right after the payment url. Or what is missing which I can't find or understand. Why didn't you blur from the address tab if that's the issue.

why there is no list of electrum, can we create Taproot address using electrum wallet?

AFAIK, it doesn't and there's no plan to support it in the near future!

OP of this thread already created a thread that covers this question ^{[make sure to "also" read the subsequent posts on that thread]}: Bitcoin Taproot (Bech32m - bc1p) adoption

read this tutorial for making a taproot address, but I didn't use the wallet in the tutorial that was posted above, because I uses the coinomi wallet android version, does this wallet support creating a taproot address? and what is the importance to use taproot address?

your thread explained much ofr other people, thanks

Husna QA already answered this. But let's say the Ledger Live servers were hacked and are displaying the hacker's receiving address in the software. If you don't have your Nano connected and you don't verify that the two addresses match (the one on your Nano's screen and the one on Ledger Live), you could be tricked into funding someone else's address. But if you connect your hardware wallet, you should clearly see that your device is displaying a different address than what is on the software. I have never heard about a case like that, but in theory it could be possible.

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@Husna QA
Alright, so the address generation is the same on the mobile version as with the desktop version. They both allow the user to create a new receiving address without verifying it, but the software informs you about the dangers of doing that. Good, thanks!

It must be connected to a hardware wallet to create a Taproot Bitcoin account or any other type of Bitcoin account. A "Connection Failed" notification will appear if no device is connected to Ledger Live, and I cannot continue to create an account.

   

Another option to add an account is to select "Import from desktop" (if the desktop version already has a Bitcoin account).



Likewise, when I tried to generate the Taproot address from the Taproot Bitcoin account in the test above and tap "Receive" at the "Connect device" stage, Ledger Live automatically scans the connected hardware wallet. If it's not there, a "Connection Failed" notification appears. But, there is an option "Continue without my device".

   

As you said, the "Taproot address" can still be created.



However, I recommend checking both in the application and hardware wallet. Not only when sending but when receiving as well.

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I prefer to transact via desktop PC.
As far as I know, Ledger Live android or the desktop version is still safe because every transaction requires confirmation from the hardware wallet.

By verifying in the Hardware wallet, you can be sure that the generated address belongs to you.

Amazing. Thank you everyone for your support to make the topic bigger and bigger. When I created this topic, I knew I can not complete it with all wallets support Taproot. I did not expect to receive all detailed guides from community. Your works help to complete the topic. It's my surprise to know no forum members make this topic because you have more experience than me and better than me to create such guide topic.

Could you explain why, please?

Is there any risk to do this on Android or is it only your personal favorite?

What are differences between connecting and not connect Nano and unlocking the hardware wallet?

Great, now it's complete.
One more thing popped to my mind while I was reading your post with the updated instructions. When you generate a new address on the desktop version of Ledger Live, you can actually do that even without connecting your Nano and verifying that the address is correct on the screen of your hardware wallet. This is obviously not a recommended thing to do and Ledger warns you about it if you try it. But, like I said, you can do it if you want. Have you tried to generate a new address on the Android version without connecting and unlocking your HW, and does the software allow it?

I also rarely use Ledger Live android for transactions. I often use it to monitor transactions previously made on a PC using Ledger Nano X + Electrum.
I forgot to show the address generated from the created Bitcoin taproot account. I've updated the step-by-step guide above. Thanks for the suggestion.

Nice! I have never used the Android version of Ledger Live. I think your guide would be even better if you included step-by-step instructions of how to generate a Taproot address as well. You have shown us how to create a Taproot account, let's see the address generation process as well. 

Creating a Taproot address in Ledger Live (Android)

Completing Pmalek's post above, here's how to create a Taproot address on the Android version of Ledger Live.

Software and Hardware wallet that I used in this test:
- Ledger Live Android v3.3.2
- Ledger Nano X

Logging in to Ledger Live; On the "Wallet" icon, select "Add asset" or the "+" sign in the upper right corner.



In the "Add Asset" option, I select "With your Ledger".



In the "Crypto asset" option, select "Bitcoin (BTC)".



In the "Device" option, select the hardware wallet that is connected to Ledger Live.
If the hardware wallet name doesn't appear, tap "Pair with Bluetooth" (Nano X) or connect it via a USB cable (Nano S, Nano S Plus, Nano X).



"Open the Bitcoin app on your device".



Ledger Live will scan all Bitcoin accounts.



Select "More address types" to display other Bitcoin accounts.



Select "Bitcoin (Taproot)" and tap "Continue".



Here is the newly created Bitcoin (Taproot) account:



To generate a Taproot address, tap Bitcoin Account (Taproot), Select "Receive".



Make sure the hardware wallet is still connected to Ledger Live for the process of creating a Taproot address.



Verify address on Device.









Select "Copy address" or "Share address" to copy or share the Taproot address.

Since no one has explained how to create a Taproot address on Ledger Live yet, I will briefly describe the process.
After opening and logging in to your Ledger Live account, connect and unlock your hardware wallet with your PIN.

Now click on the "Accounts" tab on the left. On the dropdown list select Bitcoin and click on "Continue".



Ledger Live will then scan all existing Bitcoin accounts that are or aren't part of your portfolio. Give it a minute to finish or stop the scanning process by clicking on the "Stop" button.
To add a Taproot account, you need to switch on the "show all address types" under "Add new account". Give your Taproot account a name and click on the "Add account" button at the bottom.

 

If done successfully, a confirmation screen will inform you that your new account has been added to your portfolio. You can see it at the bottom of your "Accounts" tab because it's addresses are still unfunded.

To generate a Taproot address, you now need to click on the "Receive" tab on the left, select your new Taproot account on the list, and click "Continue".



A new address will be generated for you. Compare and confirm that the address on Ledger Live matches the one on your hardware wallet and approve it by clicking on both buttons on the device.



You have now successfully created a Taproot address in Ledger Live.

In both examples of my experiments above
- https://bitcointalksearch.org/topic/m.60559318
- https://bitcointalksearch.org/topic/m.60559743

Client Software: Bitcoin Core (under v23.0), Trezor Suite v21.12.2, Electrum v4.0.9 and v4.1.0.

In conclusion, sending from a taproot address to a type of bitcoin address on another wallet shouldn't have an issue. However, to send back to the taproot address in another wallet depends on the sending client. As in the second example, Electrum v4.1.0 can send from Bech32 to P2TR, while v4.0.9 can only accept and cannot send to the P2TR address.

I agree with the following nc50lc statement:

Sure, of course. The catch here is what each one of us understand by "wallet". Some sees "wallets" as addresses, some see it as a software that can manage several aspects related to addresses and transactions and etc.
So, in this sense, what I mean is that a wallet to be considered to support P2TR addresses, it should, not only generate Taproot addresses, but also transact between 2 P2TR addresses and between at least one P2TR address and one other address of other type! That's what I consider a wallet with P2TR address support!

Thank you for adding the information.
I was trying to send a Bitcoin testnet from a Taproot address in Trezor Suite to a Segwit address (bech32) on Electrum Testnet 4.0.9. Here are the results:
https://blockstream.info/testnet/tx/0cea3683d706fbc1de120866ac293df7bdbb0bb7ec97be15dbc2e874f00fcb4a





However, when sending back from Electrum 4.0.9 to the Taproot address in Trezor Suite, an 'invalid address or script' notification appears, as you have tested.



Meanwhile, in Electrum v4.1.0, it can receive and send from Segwit to the Taproot address.
https://blockstream.info/testnet/tx/7aed537c6877c1c77587ccd2a0f812dbeab89c0414edb5285f884ed1a26e5783
https://blockstream.info/testnet/tx/29dc4cfd68b5653b1e50fe25557b2f280528b20ac038ede20b601171a7044e36