Manage the LND onchain funds in Electrum Wallet
- To create the master public keys (display the YPUB / ZPUB of the LND onchain wallet) to monitor and build transactions externally now you can use the command:lncli wallet accounts list --name default
- To sign an a PSBT:lncli wallet psbt finalize --funded_psbt "base64_encoded_PSBT"
- Broadcast a transaction with LND:lncli wallet publishtx "tx_hex"
- Follow the discussion for more details in: https://github.com/rootzoll/raspiblitz/issues/2192
Only do this if you understand the process.
Never enter secrets into online webpages.
Avoid browser windows with extensions.
The Tor Browser is a good start (aim to use it offline).
Requires:
- LND 24 words seed (+ passphrase if used)
- useful to know the funded addresses
- save online pages to disk and open in a new browser window
- under
Decode mnemonicenter the 24 words seed (+ passphrase if used) - copy the
HD node root key base58
- enter the
HD node root key base58toBIP32 Root Key - under
Derivation Path- Select the tab
BIP84for bc1.. addresses. - Select
BIP49for 3.. addresses.
- Copy the private keys for the known or all addresses (
Account Extended Private Key).
When importing the private keys use the prefix:
p2wpkh:before the private keys ofbc1...addressesp2wpkh-p2sh:before the private keys of3...adddresses
Done. Once the Electrum Server finished scanning the funds should appear.
This is not a recommended way to manage the funds from the LND wallet, it is better be used as watch-only.
Restoring from the seed in Electrum does not affect the offchain funds in channels.
There is no guarantee that the change outputs from Electrum will appear in LND and vice versa.
Only do this if you understand the process.
Never enter secrets into online webpages.
Avoid browser windows with extensions.
The Tor Browser is a good start (aim to use it offline).
Requires:
- LND 24 words seed (+ passphrase if used)
- save online pages to disk and open in a new browser window
- under
Decode mnemonicenter the 24 words seed (+ passphrase if used) - copy the
HD node root key base58for BTC (Bitcoin, Native SegWit, BIP84) or BTC (Bitcoin, SegWit, BIP49)
- enter the
HD node root key base58toBIP32 Root Key - under
Derivation Path- Select the tab
BIP84for bc1.. addresses. - Select
BIP49for 3.. addresses.
- Import the
Account Extended Public keyto Electrum for a watch only wallet. See: https://bitcoinelectrum.com/creating-a-watch-only-wallet/ - Import the
Account Extended Private Keyto Electrum for a hot wallet (not recommended).
Alternatively watch this video:
https://light-tube.eu/?latest=Latest&search=How+to+import+your+lighting+wallet+into+Electrum
Showing the use of:
showrootkey
This command converts the 24 word lnd aezeed phrase and password to the BIP32 HD root key that is used as the rootkey parameter in other commands of this tool.
Example command:
chantools showrootkey
Convert the xpub to zpub with this small python script: