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wow pileing back into NEM,
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The only reason for which it has any value is that it is not reasonably safe (if possible at all) to move BCH to an exchange and dump it. "then your BCH is likely (but not guaranteed) to remain associated with the current private keys due to BCH's pseudo-replay-protection;"
can you elaborate on this....under what conditions could your BCH not be still associated?
If the replay protection isn't adequate, someone could simply rebroadcast your BCH transaction to the BTC network and your BTC would also be sent away. Additionally, I am unable to find an adequately tested wallet that I'd be okay enough to transact with. Wait wait wait let me get this straight......you mean replay protection on the BTC network?  what should this have to do with BCH/BCC network..... I though at this point he blocks were different...... but I see what you mean......but its sold as psuedo replay protection is implemented on the BCH network........ what are the logistical hurdles to a replay attack in your view? can this ever be safe. can you explicitly elaborate? presumably if I have already sent by BTC to new addresses on the BTC network then this would not work, but that seems not to be what to be said here ""then your BCH is likely (but not guaranteed) to remain associated with the current private keys due to BCH's pseudo-replay-protection;" what if::: I move my BTC to a new BTC addresses then move my BCC to new BCC addresses then it should be immune to replay as there would be nothing to move in a replay attack? |
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just to make this really simple....and clear....
[1] Does Electrum now support the new 3 prefix addresses? [NOT THE MULTISIG]
[2] if yes how do you use it?
[3] if yes and I import an old wallet, that uses 1 prefix by any method (priv key, seed, wallet etc), will this still be usable in the new version
when and if Electrum does support this how will [2], and [3] be handled.
I can see a lot of people will just upgrade then send then something untoward happens.
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how do you associate a new or specific Byteball address with the Blackbyte distribution? or are you stuck with the default? |
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"then your BCH is likely (but not guaranteed) to remain associated with the current private keys due to BCH's pseudo-replay-protection;"
can you elaborate on this....under what conditions could your BCH not be still associated?
Surely that would send the value to near zero....?
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Ok can you simplify that link.... my concern is that you send 1theycehFHdnsxxx pre AUG 1 address to a new 3BTC address, and inadvertently send your BCC to the same address, but don't to have the privkey as this 3xxxx simply does not exist, but your some how cleared out your old address and sent it to a key in BCC. Or you send BTC to older 1address but some how it does not got through and goes to and 3xmcnc mapped address, becuase the new protocol block hash or whatever acts that way. I *know* this probably won't happen and why, but that said I would like to have a view outside of my own thought bubble to alert me to my misunderstandings. |
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There isn't any... a bitcoin address is a bitcoin address... SegWit has nothing to do with Addresses... BCC is essentially a different network using the same "basics" as BTC, so the addresses/keys remain the same (hence why everyone magically gets BCC at a 1:1 ratio if they had BTC in a given address at block #478558) As for "other", do you mean softforks? altcoins? I'm not exactly sure what you mean by "When you send BTC to a pre AUG 1 BTC addresses"? You transfer control of coins from one BTC address (private key) to another BTC address (private key)... that doesn't change because someone created an Altcoin using the BTC blockchain history... ok I maybe wrong....but I recall some addresses segwit??? will change to a 3--- prefix? or something like that..... |
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Can some one clarify::
the changes in format for each address type eg
Segwit
BCC
other
if any and!
will existing priv keys always be compatible pre Aug 1.....or do we have to move coins to new addresses?
finally what happens to when sending BTC to pre AUG 1 BTC addresses?
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if ecsda was cracked do you think eth would do a roll back?
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Coinbase running slow on funds?
Epic smash and grab by them.....Just epic
unless someone who works at coinbase reports about their funds we have no way of knowing. so far people who wanted to withdraw have done it and it was completed successfully and with ease. and it is not like their wallet is public knowledge so we can check their balances  what I mean is I expect a large percentage of BTC holders on their system will do nothing. |
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Coinbase running slow on funds?
Epic smash and grab by them.....Just epic
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I like the fact that BCC will happen, because we will see the comparison between the performance of BCC and BTC, and all the FUD will be unmasked.
We get to go to both universes.........
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I would sit this one out for a few weeks....just in case something funny happens and you send BTC to BCC or something inadvertent happens......that can not be recovered.
yeah sure quick profit but risk is you loose all your BTC....if there is a bug in client.
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whats the chance this airdrop is a scam to collect signed info, for some sort of hack....i know ecsda still protects your BTC, but still.....
you lose the SHA256, and RIPEMD160 protections for that address, now only having ECDSA.
There must always be a risk for any action.....
sure you could move your coins just before and after the snap shot, but I would expect they are ready for that.
Also who really wants to crack open cold storage? Then have to move that all around....
i know its a lonnnnnnng bow as they have to crack ECDSA ..... but yeah pump dump, and wait near end as likely more people have joined in. |
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It's called rule of law and private property.
Something the US gov cares little about, except when it is theirs. true true, and they have deep pockets, that said at least where I am the courts particularly superior courts often hate gov and citizen equally, well maybe not hate, but pretty much insist on due process and generally treat both equally and are not fond of governments kicking doors in on people just doing legit business. They know executive gov is always trying to expand its reach, including against the court and needs to be held in check. |
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Good Morning,
I can not also see any hope of going into great judicial battles to bring any return. Perhaps for big investors, it's better to rule that no one leaves all their btc in a single exchange so many of those have already settled on the loss and are trying to recover it in another exchange.
maybe but as crytpto community this has to be done to make federal agencies stop being cowboys, and causing legitimate business and trading problems. Sure go for the drug money etc, but leave my coins alone, or put processes in place to do your busts right, or face the consequences at court. This will also help legitimize cryptos who's image is continually tarnished by govt action. did see the swager of the FBI guy....they need to be taken down by the Courts. It's called rule of law and private property. |
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I don't think it will be expensive. We can make an agreement with lawyer(s) that they keep a percent of winnings and they will work for little to no cost. Any lawyer who wins this case will probably be well off for life.
Also US government may not even need to have seized the coins to be sued. They can be sued for damages.
Yes the damages angle is a good idea, but will need to establish members of the class, and quantum....that could be hard. I think it could be potentially hard, due to jurisdictional issues, and legislation that make them immune from prosecution for various acts .... I am sure there will be some of these around that they would try and rely on. other options maybe federal tort claims act , but note defenses and in the alternative Intentional Torts Exception eg interference with contractual rights may have some legs. |
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whats the chance this airdrop is a scam to collect signed info, for some sort of hack....i know ecsda still protects your BTC, but still.....
you lose the SHA256, and RIPEMD160 protections for that address, now only having ECDSA.
There must always be a risk for any action.....
sure you could move your coins just before and after the snap shot, but I would expect they are ready for that.
Also who really wants to crack open cold storage? Then have to move that all around....
for every round of byteball I am using a new adress and I am moving the btc out after that into different wallets. just before the drop I start moving it to one registered address. anyways, I am reliefed to hear that bytball distroubtion will not end until december ! so you have break open cold wallets all the time...... |
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Ok though about this a bit, what we can do, and it will be relatively inexpensive, is an injunction against any auctions by the US govt on the grounds that a portion of those coins are not theirs.
This will I think, force the govt to negotiate a percentage of any seized funds as returnable to the proper owners. Also it may force them to release any data, or at least release for in confidence, to establish what is exactly their. either way we can probably keep the money/coins tied up for a while.
This is probably the simplest way.
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whats the chance this airdrop is a scam to collect signed info, for some sort of hack....i know ecsda still protects your BTC, but still.....
you lose the SHA256, and RIPEMD160 protections for that address, now only having ECDSA.
There must always be a risk for any action.....
sure you could move your coins just before and after the snap shot, but I would expect they are ready for that.
Also who really wants to crack open cold storage? Then have to move that all around....
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