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What really matters… is the label, but not the fashion kind 😎 I never cared for brands, but Bitcoin made me fall in love with labeling. ✅ Label every transaction, in, out, and especially your change UTXOs. It keeps your on-chain (and lightning) history clean and traceable. Most wallets let you export labels, do it monthly, back them up. Otherwise, if you change wallet or device, you might lose them. Stay organized 🗃️ And if you’re feeling fancy, use OP-RETURN for an immutable and ultra public record… ...just don’t annoy the Spam War purists 🤣 Bitcoin proves it: sometimes, the label does matter. 🧡 image
2025-10-11 13:34:07 from 1 relay(s) 6 replies ↓
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Great question, thank you! Yes, almost all wallets let you export an "Excel" file with labels – but please, use an open-source spreadsheet like LibreOffice Calc instead of Microsoft, open-source everything is the rule! I’ve heard great things about Blockstream Green: the latest version (2025) ties your personal labels directly to the seed, so you find them on any device. It’s multi-platform and includes a simple yet effective 2FA with multisig – perfect for securely holding medium-value amounts even on a hot wallet. No KYC, all tied to your private keys. For the rest, pretty much every solid wallet (e.g., Electrum, Sparrow, BlueWallet) now has this label-saving feature, always non-custodial. For extra security, you can periodically save all your transactions locally... If you're already using a non-custodial wallet – which is essential – it probably already has this feature built-in! Let me know if you need help! #Bitcoin #NOSTR #CoinControl
2025-10-18 09:36:43 from 1 relay(s) ↑ Parent Reply
Thanks for your response. In the past I've used bluewallet in watch mode for a hardware wallet and added notes/labels to transactions there. However, I wasn't aware that I could export a csv file. Thank you for that information. What I've really been looking for, is a wallet that allows you to name the actual derived addresses for easy identification. This is available in Klever Wallet, but I wanted to migrate away from that one because it's missing a lot of other features. The use case is creating separate receive addresses for my nieces and nephews, so I can easily tell the addresses apart by name within the app . This makes it easier to send Christmas and birthday sats to the corresponding address. I've been searching for other apps that provide this function but haven't had much success.
2025-10-18 12:35:45 from 1 relay(s) ↑ Parent Reply
For your use case, I think BIP-85 is perfect – it lets you derive 'n' child keys from a master seed, each tied to a serial number you choose. For example, pick numbers tied to your nieces/nephews (birthdays, anniversaries, or just 1, 2, 3...). With your master seed (keep it yours, offline!), you can generate infinite gift addresses and recover coins if they’re lost, using just the seed + serial index. It’s a top feature, super secure with hardware wallets! BitBox02 and Blockstream Jade make it intuitive – check this BitBox post for a clear breakdown: https://blog.bitbox.swiss/en/using-bip-85-child-keys-with-the-bitbox/ Labeling UTXOs is simpler, but BIP-85 nails family gifting. I love that you’re bringing your nieces/nephews into Bitcoin – as an Italian, la famiglia is everything to me! They will be forever grateful to you. Sharing these tips keeps our ledgers and hearts organized. 🧡 #Bitcoin #Nostr
2025-10-18 18:22:12 from 1 relay(s) ↑ Parent Reply
Thanks for this information. I see that nostr:nprofile1qqspnzgrfett3asxcuj0gksje6z2zxzpvgd27uvz58m9vsuqh8zzw6cpr9mhxw309a382emdv9hzumt8w4ujumn9wsargwp58qq3vamnwvaz7tmzv46xztnwdaehgunfdshxxctd9a4sn7 created a video on bip-85. Watching it now. From what I've been able to find, klever wallet uses bip-39, so I don't know how they're pulling off naming each address.
2025-10-18 19:20:31 from 1 relay(s) ↑ Parent Reply
Diving into the world of BIP standards for generating child seeds from a master seed can feel a bit overwhelming, but you’re on the right track with BIP-85! It builds on the foundation of hierarchical deterministic (HD) wallets from BIP-32, refined to make deriving child seeds much more intuitive. The real win with hardware wallets like BitBox02 and Blockstream Jade is their straightforward app design: no need to write code or manually track derivations like in Sparrow or Electrum. You just pick a number (say, #1 for ‘Nipote Luca Xmas’), generate a child seed, and name it right in the app. Klever uses standard BIP-39 seeds to create addresses, with naming handled through simple in-app notes for easy tracking, but BIP-85 gives you full wallet separation, recoverable with your master seed and the number you chose. As an Italian, I love how this keeps family gifting organized – it’s like labeling jars in nonna’s kitchen! Labeling UTXOs is simpler, but BIP-85 is perfect for your nieces/nephews’ sats. I’m sure @BTCsessions’ video will break it all down perfectly – don’t be afraid to experiment, creating wallets carries no risk. With fees low right now, load a few thousand sats and try recovering them without the seed, just using the serial number or label. Sharing these tips keeps our sats and stories secure. Hope the video sparks some ideas! 🧡 #Bitcoin #Nostr"
2025-10-18 21:02:32 from 1 relay(s) ↑ Parent Reply