Bitcoin Forum
November 08, 2024, 03:54:03 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Is it safe yet electrum !  (Read 661 times)
khufuking (OP)
Sr. Member
****
Offline Offline

Activity: 840
Merit: 266


View Profile
August 01, 2017, 06:25:56 PM
 #1

So is it safe to claim BCC now if we have BTC on Electrum !? Or we should wait for the first BCC block to do so !

I know the steps  : Is it safe to start it now ?

1. Install Electron Cash on a machine that does not have your
 Electrum wallets.

 2. Wait until the BCC hard fork has taken place, and a few BCC blocks
 have been mined.

 3. Move all your Electrum funds to a new Electrum wallet. This will
 move only your BTC, and not your BCC, because the BCC blockchain has
 replay protection. Wait until the transaction is confirmed.

 4. Enter the seed of your (now empty) old wallet or private keys in
 Electron Cash. Since the BTC have been moved to a new wallet,
 entering your old seed in Electron Cash will not put your BTC funds
 at risk.
oblivi
Hero Member
*****
Offline Offline

Activity: 700
Merit: 501


View Profile
August 01, 2017, 06:46:37 PM
 #2

So is it safe to claim BCC now if we have BTC on Electrum !? Or we should wait for the first BCC block to do so !

I know the steps  : Is it safe to start it now ?

1. Install Electron Cash on a machine that does not have your
 Electrum wallets.

 2. Wait until the BCC hard fork has taken place, and a few BCC blocks
 have been mined.

 3. Move all your Electrum funds to a new Electrum wallet. This will
 move only your BTC, and not your BCC, because the BCC blockchain has
 replay protection. Wait until the transaction is confirmed.

 4. Enter the seed of your (now empty) old wallet or private keys in
 Electron Cash. Since the BTC have been moved to a new wallet,
 entering your old seed in Electron Cash will not put your BTC funds
 at risk.



Electrum posted an official tutorial on their website:

https://electrum.org/bcc2.txt

Have on mind: Electrum suffered from a man in the middle attack recently. So if you downloaded anything from the eletrum website, you may be compromised:

https://electrum-ltc.org/#notice

Quote

IMPORTANT NOTICE

On July 31, around 13:00 UTC, an attacker exploited a vulnerability in the virtualization software employed by this website's host to replace the sources and Windows binaries of Electrum-LTC 2.8.3.5 with modified versions. We were made aware of the issue by 17:30 UTC, and promptly restored the original files. We then proceeded to carefully move the website to a new host that would be immune to said vulnerabilities.

If you downloaded a source distribution or a Windows binary of Electrum-LTC 2.8.3.5 from this website during the above time range, and did not verify its digital signature, your computer may have been infected by malware, and you should take action immediately. Note that the digital signatures have been available and valid all along.
warrior333
Sr. Member
****
Offline Offline

Activity: 406
Merit: 253


View Profile
August 01, 2017, 06:52:37 PM
 #3

I heard that was recently detained the owner of E-BTC. It seems the so-called these coins. He took advantage of the panic and escaped with the money of the users. Be careful you, too, have lost their money. Although I think this is a hasty step in any case.
hoganJ32888
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
August 01, 2017, 06:53:36 PM
 #4

Is it safe to go to step 3 now???

or still wait for more blocks to be mined??
audaciousbeing
Hero Member
*****
Offline Offline

Activity: 1330
Merit: 569



View Profile
August 01, 2017, 07:25:01 PM
 #5

So is it safe to claim BCC now if we have BTC on Electrum !? Or we should wait for the first BCC block to do so !

I know the steps  : Is it safe to start it now ?

1. Install Electron Cash on a machine that does not have your
 Electrum wallets.

 2. Wait until the BCC hard fork has taken place, and a few BCC blocks
 have been mined.

 3. Move all your Electrum funds to a new Electrum wallet. This will
 move only your BTC, and not your BCC, because the BCC blockchain has
 replay protection. Wait until the transaction is confirmed.


 4. Enter the seed of your (now empty) old wallet or private keys in
 Electron Cash. Since the BTC have been moved to a new wallet,
 entering your old seed in Electron Cash will not put your BTC funds
 at risk.


All the  process is understandable to me except the bolded part in the sense that, Is it compulsory that the funds be moved to another Electrum wallet? Be cause that will mean installing two Electrum wallet on the same gadget except one have 3 gadgets to use for all this process. Also, what if the funds is transferred from the original wallet to another online wallet like blockchain.info will that affect the process?
xmod4u
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile WWW
August 01, 2017, 08:07:47 PM
 #6

Also, what if the funds is transferred from the original wallet to another online wallet like blockchain.info will that affect the process?

and to an exchange?
If I transfer my BTC to an exchange like Polo, from electrum wallet let's say, can I still get my BCC by importing wallet seed to BCC wallet?
khufuking (OP)
Sr. Member
****
Offline Offline

Activity: 840
Merit: 266


View Profile
August 01, 2017, 08:20:00 PM
 #7

Also, what if the funds is transferred from the original wallet to another online wallet like blockchain.info will that affect the process?

and to an exchange?
If I transfer my BTC to an exchange like Polo, from electrum wallet let's say, can I still get my BCC by importing wallet seed to BCC wallet?
No it wont effect the process .  since the reason of moving our BTC is to make our private keys empty ( the private keys we importing at BCC wallet ) . So it is really not matter where to move them . Just make sure that it is safe to send to that exchange .
xmod4u
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile WWW
August 01, 2017, 08:35:12 PM
 #8

Also, what if the funds is transferred from the original wallet to another online wallet like blockchain.info will that affect the process?

and to an exchange?
If I transfer my BTC to an exchange like Polo, from electrum wallet let's say, can I still get my BCC by importing wallet seed to BCC wallet?
No it wont effect the process .  since the reason of moving our BTC is to make our private keys empty ( the private keys we importing at BCC wallet ) . So it is really not matter where to move them . Just make sure that it is safe to send to that exchange .

Thank you very much for this fast and clear response.
khufuking (OP)
Sr. Member
****
Offline Offline

Activity: 840
Merit: 266


View Profile
August 01, 2017, 08:43:53 PM
 #9

Thank you very much for this fast and clear response.
You are welcome.  But still the main question is do we have to apply step 2 here ( wait for BCC blocks or not) !. since theymos posted and did not mention the wait for BCC blocks that is what confusing me .  https://bitcointalk.org/index.php?topic=2059111.0
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!