Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Kwelstr on August 01, 2017, 02:36:43 PM



Title: Best practices to be safe after the bitcoin cash fork
Post by: Kwelstr on August 01, 2017, 02:36:43 PM
I try to be clear and concise, hopefully this will help some people.

1-    Wait until after the fork when a few BCH (bitcoin cash) blocks have been mined. There is no hurry, you can wait a day, a week, etc. Copy the BTC private key where you have your BTC funds.

2-    Move all your bitcoin BTC to a new wallet with a new private key. BCH has replay protection, so you will be able
to move your BTC without moving your BCH.

3-    Wait until your Bitcoin BTC is confirmed in the new wallet. Be sure to complete steps 1-3 before moving to step 4.

4-    Install a Bitcoin Cash (BCH) wallet and enter the private keys of the original wallet (the wallet you just moved
your Bitcoin BTC out of). To be maximally safe, the BCH wallet should be installed on a different machine than the one
that has your new Bitcoin BTC wallet on it. You can find a list of BCH wallets on the Bitcoin Cash website.

5-    This step isn’t necessary, but as a final step you may want to move your BCH to a new BCH wallet with a new private key, just to help ensure you don’t mistake your BCH wallet address for the BTC address it used to be.
   


Title: Re: Best practices to be safe after the bitcoin cash fork
Post by: codehtcmail on August 01, 2017, 03:40:49 PM
A simple stupid question maybe, I have coins on this address 1AAUyViyStqksesfPjbujfHFek2eMRQgUh will I get BCH (or BCC is it ?) ?


Title: Re: Best practices to be safe after the bitcoin cash fork
Post by: Kwelstr on August 01, 2017, 04:27:44 PM
A simple stupid question maybe, I have coins on this address 1AAUyViyStqksesfPjbujfHFek2eMRQgUh will I get BCH (or BCC is it ?) ?

There is a fork and every address will have access to both coins. To get the BCH or BCC (bitcoin cash) separated from your regular BTC you need to find the private key to that address and download a wallet from the bitcoin cash website. Please follow the above instructions on how to separate them.

https://www.bitcoincash.org/