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Bitcoin => Bitcoin Technical Support => Topic started by: sardasa on July 31, 2017, 11:17:44 AM



Title: How to generate private keys using 12-word seed and claim BCC later on?
Post by: sardasa on July 31, 2017, 11:17:44 AM
Can someone kindly explain me step by step procedure for generating private keys using 12-word seed for claiming BCC if I have BTC stored in My Private Wallet in Lykke Wallet?
This is what is announced by Lykke Wallet as their August 1st plan : https://www.lykke.com/company/news/Lykke-Policy-for-Bitcoin-Cash (https://www.lykke.com/company/news/Lykke-Policy-for-Bitcoin-Cash)


Title: Re: How to generate private keys using 12-word seed and claim BCC later on?
Post by: HCP on August 01, 2017, 03:51:34 AM
Did you try downloading their "open source tool (https://github.com/LykkeCity/Tools/releases)" that supposedly converts your 12 word seed to a private key (as per their announcment (https://www.lykke.com/company/news/Lykke-Policy-for-Bitcoin-Cash))?

There is also an HTML and .js version (if you don't trust their binary) here: https://github.com/LykkeCity/Tools/tree/master/Javascript/WordsToKey

It would appear that a "private wallet" in Lykke is only generating a single address/key pair? ???



Title: Re: How to generate private keys using 12-word seed and claim BCC later on?
Post by: krishnapramod on August 01, 2017, 05:33:03 AM
Can someone kindly explain me step by step procedure for generating private keys using 12-word seed for claiming BCC if I have BTC stored in My Private Wallet in Lykke Wallet?
This is what is announced by Lykke Wallet as their August 1st plan : https://www.lykke.com/company/news/Lykke-Policy-for-Bitcoin-Cash (https://www.lykke.com/company/news/Lykke-Policy-for-Bitcoin-Cash)


Step-by-step guide on how to retrieve the private key using the 12 words, https://github.com/LykkeCity/Tools/wiki/How-to-retrieve-private-key-using-the-12-words

If you want to get BCC immediately after the hard fork then you have to import this private key into a wallet that supports BCC.

If you don't want to import your private keys to another wallet then Lykke will also add support to withdrawal BCC some time after the hard fork.

https://www.reddit.com/r/lykke/comments/6py4r9/lykke_policy_for_bitcoin_cash/