Does it caution me that it may not be useful in future versions of Electrum? What would happen if BIP 39 won't be supported in upcoming upgrades of Electrum? And why BIP 39 doesn't meet their safety criteria?
Since that’s kind of a workaround instead of Electrum’s default recovery process, they can’t guarantee that you will be able to do the same procedure to create the p2sh segwit wallet in the future. But that’s not a major issue. You can always use an outdated Electrum wallet that supports that to forge a transaction or get your private keys; or use a different wallet/tool that does.Quote
@HCP,
One important thing, as you know that BTC had many forks adding its name as a major brand to it (like BCH, Bitcoin Gold and many others), will these P2SH and Native SegWit addresses also contain those forked coins and will we be able to claim them or Legacy addresses will be needed for this?
Legacy addresses will always have the better compatibility with those forks. If they support Segwit/their walet supports Segwit, you may be able to spend the coins on their chain. Honestly, I don’t care about those pennies at all, so I’m not worried about this. One important thing, as you know that BTC had many forks adding its name as a major brand to it (like BCH, Bitcoin Gold and many others), will these P2SH and Native SegWit addresses also contain those forked coins and will we be able to claim them or Legacy addresses will be needed for this?
