Old wallet update

[numultumesc]

Hi there, i’m having trouble with my wallet. It’s stuck in connecting to network for some time now.
I haven’t opened it in some time now, and i think it’s out of date (daedalus 0.12.1#2.0.1.11341)

I’ve talk to the support team and they recommend updating to latest version but i have a few concerns:
-I don’t know the recovery phrase, or at least i think i don’t, i found an old text with a 25 word phrase an i read that for cardano is 12 -24 or 27?
-i’m afraid if i update the wallet i lose the old wallet and any chance of accessing my coins

any advice on how to handle the update is welcomed

Cheers!

[Lgbeano]

Hi Numultumesc,

I’m glad you approached the forum for advice.

The old Daedalus wallets are 12 seed words, have a good look around for them. Hopefully it should be somewhere, when creating a wallet for the first time it requires the user to record the seed words and enter them back into the wallet to prove this was done, prior to the wallet being accessed.

Yes the version you have does not work anymore, you are required to update to access your funds.

Now, firstly do not uninstall your version of Daedalus, your funds will be lost if you can’t find your seed words.

There are a few options I would try, you can either download the Daedalus Flight version on your same PC, then try seed words if you find them. If they work you can update your daedalus. Flight version of Daedalus is where IOG send releases for public testing prior to Daedalus release.

Or

You could get Yoroi, create a Shelley era wallet, as you will need to create one to stake. Then go to the claim / transfer section in yoroi to enter your seed words to transfer your funds to that wallet.

If you can’t find your seed words, unfortunately for now you are not able to access your funds. It is very important to keep your seed words safe. However, not all is lost… at some point (no date known) there will be an import feature on daedalus where you can restore a wallet from a previous version of Daedalus, as long as the info is still on your computer. That’s why you shouldn’t delete your current Daedalus.

Hope this helps with some options and even better if you find your 12 seed words.

I’m not sure what 25 seed words are for;

Ledger Hardware wallet - 24 or 27 seed words
Daedalus Byron era - 12
Daedalus shelley era - 24
Yoroi - 15
I’m not sure what Trezor hardware wallet is

[numultumesc]

Thank you for your time and patience.

I’ll dig deeper for the seed phrase but i’m 95% i’ve lost it so my only chance now backup every file in the Daedalus wallet (just copy/paste them to a different location) so i’m covered if my laptop cracks and wait for the wallet import update.

Can we speed up things with a protest or a petition?

Cheers!

[Lgbeano]

If you could submit a support ticket via the zendesk, it allows IOHK know the demand for this feature, if a high demand it will go up the priority list https://iohk.zendesk.com/hc/en-us/requests/new

[numultumesc]

Done! They are asking me if i lost my spending password

[Lgbeano]

Because you would need your spending password to import your funds. It would be used to access your private keys on your computer. Without your spending password your funds are definitely lost

[numultumesc]

The spending password is the one that you set up manually ?

[Lgbeano]

Yes. When you restore your funds you basically put in a code (seed words) so the user interface (wallet) you’re using knows where to look on the blockchain for your funds. The wallet then stores the private keys and public keys on your computer, or hardware wallet. Those keys are what you need access to whenever you want to send ada away from your wallet. To protect those keys on your computer they need to be encrypted, this is what the spending password does. So every time you send ada you’re required to enter your set spending password to decrypt your private keys which gives authorisation for your funds to be sent.

This is why you can set different spending passwords when ever you restore your wallet using your seeds, you’re simply setting an encryption passphrase to protect your private keys on that device.

So to access your funds the only thing you need are your seed words, which locates your funds on the blockchain.

The reason you need your spending password to import with the latest daedalus, is because your private keys are already on your computer, however to import your funds you need to decrypt those keys, which it does using your spending password you set.

Otherwise anyone could just get on your computer, install a new daedalus or wallet and select import.

Hope this makes some sense

[chrishenderson]

I found this that may help people access their coins even though they have an old version of Daedalus wallet on their computer. Importing wallets – IOHK Support (zendesk.com)

Does anybody have the version 1.0.0#12653 for MacOS as shown in the following video:

Introducing Daedalus 1.0.0 - installation guide

[kajunscott]

Hello, I have Daedalus 0.11.0#1.3.0.8183 and just downloaded 3.1.0#15733. I have my 12 seed words. I see in the new Daedalus a feature called RESTORE and it appears that by clicking on the 12 word (Byron Legacy wallet) I should be able to update this old wallet. Do you know if this feature works properly? I’m no where near an extreme user of computers…I’m almost 70. I’m just trying to bring that old wallet into the new version. I still have the old one on my pc.

Thanks for any advice you can offer.

[Lgbeano]

Hi Kajunscott

If you have restored your wallet in the new daedalus, you also need to create a new shelley era wallet, which will give you 24 seed words. Then there are options to move your funds over, so you can stake.

You will just have new seed words to look after. If you need assistance on how to do that, give us a shout

[Alexd1985]

Hello,

it’s a pleasure to meet you dear ada holder! Many years more!

Yes, u need to restore your byron wallet

Restore a Daedalus wallet

Restore a wallet

After that u will need to move ur ADA to a shelley wallet

That means you will go to
add wallet-> new wallet ->shelley wallet

Set the spending password and name wallet
After that you will need to copy carefully the security phrase (these will be your shelley restore wallet security words in case u will need to restore ur wallet in future)

After that you will see on byron wallet a message to move your ADA to shelley wallet.

My recomendetion is to send few ada first like 10 ADAs and then delete your shelley wallet and try to restore it… if you will see 10 ADA in your wallet that means u copied correct the security words (you will not have surprises in future) and u can move all ADAs from byron to shelley

After that u will want to delegate perhaps for rewards… must go to delegation center, choose a pool and click delegate… it will ask to enter the spending password…

!!!Remember do not send ADA to unknown people, delegate not meaning to send ada out of ur wallet!!!

If u have doubts feel free to ask

Cheers,

[kajunscott]

Thank you very much. This is very helpful. I’m not exactly clear on what it means to “delegate”. It sounds like you’re saying delegating is NOT sending but rather enters my ADA into a pool for use by the blockchain. Correct?

Thanks again, very much

[kajunscott]

Thanks between you and Alexd1985 I have much more confidence. Does it matter if I use the link he offered or use the RESTORE feature in Mainnet Application?

Thanks for responding so quickly.

[Alexd1985]

Correct!

Delegation is the process by which ada holders delegate the stake associated with their ada to a stake pool. It allows ada holders that do not have the skills or desire to run a node to participate in the network and be rewarded in proportion to the amount of stake delegated.

What I meant to say is to not trust people who ask you to send your ada in order to delegate…

And if u don’t trust the link, I will put here the steps no problem

Restore a Daedalus wallet

Click on the wallet icon on the top left if you do not see Add wallet on the bottom left.

Click on Add wallet

Now click on Restore

Select your wallet type and continue

Enter the Wallet name and the 12-word or 24-word recovery phrase. If you have trouble entering your recovery phrase please check here for help.

Name your wallet and set your Spending password.

Wait for your wallet to Synchronize, it may take up to 1 hour depending on your machine and internet connection.

You will see your balance once the wallet is fully synced.

[kajunscott]

I can’t thank you enough. Really appreciate it.

[Alexd1985]

No problem, it’s enough

[RKT989]

I have an old wallet from 2018 I have the 12 word phrase and need to update wallet as now the adalite site does not see and display what is in the wallet

Any suggestions or directions much appreciated .I have been trying to find the way to do this for over 3 weeks
Thank

[Lgbeano]

Download the latest daedalus and restore your wallet with your 12 seed words