Aug 1 summary

[hashshashin]

I have a question. Why the blocks are still limited to 1mb? I just checked blockchain.info and all the blocks are having the same limits.

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[Lauda]

I have a question. Why the blocks are still limited to 1mb? I just checked blockchain.info and all the blocks are having the same limits.

BCH is an altcoin with almost no support whatsoever. Bitcoin consensus rules have not changed, and the maximum block size remains at 1 MB.

[maxFreeman]

I have a question. Why the blocks are still limited to 1mb? I just checked blockchain.info and all the blocks are having the same limits.

blockchain.info shows blockchain of original bitcoin, not bitcoin cash)

[Lionidas]

What wallet would you recommend for BCH ?

The last update of Electrum 2.9 says it will support BCH or BCC. Which ever one.

Best to review their update page just to be on the safe side.
But since I have this wallet I will be upgrading to this one so the transfer of my private keys will be fluid with the syncing up so to receive the BCH or BCC whichever one flawlessy.

[Zicadis]

What wallet would you recommend for BCH ?

You could take a look at some suggested wallets by http://bitcoincash.org/ good luck
Just one question if i have bitcoins(XBT) on my wallet that eligible to be split and i choose to send some coins to someone else...is the receiver eligible to claim the BCC BCH if they choose to try to split the coins

[RoomBot]

Executive summary

Bitcoin is working fine and you can use it as you were before, possibly with slightly more reorg risk for a while.

Disappointed there was no html marquee banner scrolling across the top with up to the minute updates.

It was there.  @Theymos encrypted it. 

[j7777]

Is bcash still going to use the btc blockchain? or is it going to be rebooted on it's own fresh blockchain?

[RoomBot]

I have a question. Why the blocks are still limited to 1mb? I just checked blockchain.info and all the blocks are having the same limits.

BCH is an altcoin with almost no support whatsoever. Bitcoin consensus rules have not changed, and the maximum block size remains at 1 MB.

It opened at $550.00

It's currently worth $286.43

https://coinmarketcap.com/currencies/bitcoin-cash/

It's worth a lot now, but might fade away.

[Coin-Keeper]

Going much more smoothly than I thought this would, for now.  Unless something public pops up I'll just sit tight until at least Aug 24 to verify segwit2 is in play.  I have alot at play here so I'll be watching quite closely.



Theymos, thanks for sharing and instructing the "gang" as things develop.  I am part of that gang.

[supercops]

Thanks for clarifying everything theymos. As I don't want to do anything with my BCC at all, good to know that I can claim it whenever I wanted.

So in-case their replay protection doesn't work.

We should just send all our BTC to ourselves? So send entire balance from the same BTC address to the same BTC address? Does the Bitcoin network allow that?

If you are using electrum just send it to another wallet where you have new private keys. And use the old wallet where you've got those bitcoins for claiming BCC just for protection.

If you want to send BCH then we need an entire new wallet?

Exactly.

About Electrum Cash
-------------------

The name "Electrum" has been visible on bitcoincash.org and
electrumcash.org, with a modified version of our logo. The use of our
name and logo constitutes a trademark infringement.

We have never enforced our trademark against altcoin versions of
Electrum (such as Litecoin, etc), because we consider that users of
these altcoins are well aware of the distinction between Bitcoin and
their coin, and that they cannot be harmed by that confusion. However,
we do not agree with the use of the Electrum name in the context of a
Bitcoin fork, because it suggests that we endorse that fork, and that
we also endorse that wallet.

We reserve ourselves the right to use the name Electrum for a Bitcoin
Cash wallet, should we decide to publish one in the future.
-------------------------------------------------------------------

But if you look at their twitter they are saying it is not just that easy.
Just look at some tweets there:


Electrum‏ @ElectrumWallet Jul 31
Do not use Electrum and "Electron Cash" on the same machine. Empty your BTC wallet before you enter your seed/privkey in "Electrum Cash"
4 replies 85 retweets 69 likes
Electrum‏ @ElectrumWallet Jul 31

WARNING: "Jonald Fyookball", who distributes and signs the "Electron Cash" binaries, is not a real-world identity.
5 replies 30 retweets 60 likes
Electrum‏ @ElectrumWallet Jul 31

WARNING: "Electron Cash" will copy all your Electrum wallets to its own directory, and their binaries are anonymous: https://github.com/fyookball/electrum/commit/0fc02cceee9d3465849dcecb2c1126de7cf65550 …
17 replies 114 retweets 119 likes
Electrum‏ @ElectrumWallet Jul 31

If you plan to redeem your "Bitcoin Cash" tokens, secure your Bitcoins first! See https://electrum.org/bcc.txt

[conspirosphere.tk]

Anyone knows how it works on Bittrex? If I send a BTC there would they credit me the BCC too?

[mklost]

It is good to know that mining power is as predicted and the greatest support continues with the usual protocol Thanks 4 explaining.

[maxFreeman]

Anyone knows how it works on Bittrex? If I send a BTC there would they credit me the BCC too?

No. You are a little bit late...

[ImHash]

Now those previous forks of bitcoin can claim their free coins once more, is it possible that by the next 5 years or so we'd have another fork and again doubling and tripling our coins? if that could be possible then I better start buying cheap bitcoins and just save them then wait for another fork which has the large money behind it supporting it like now they are pumping BCH despite all the dumps.
I just need to kiss Satoshi for his wonderful idea of an open source currency

[west man4]

Anyone knows how it works on Bittrex? If I send a BTC there would they credit me the BCC too?

They have already credited those accounts that held btc in their accounts since 10 hours ago.

If you did hold any then you should see a new wallet with funds in them duplicate of what you had in your btc one when the snapshot happened this morning before the fork.

[RoomBot]

BCH recovery tool is live for btc.com

https://bcc-recovery.btc.com/

[fabiorem]

4. On a separate computer that you wouldn't too much mind being compromised, install a BCash wallet such as one of the ones listed on bitcoincash.org. (Warning: some Bcash wallets are known to overwrite important files belonging to their Bitcoin counterparts.) Or use a Web-based exchange/wallet supporting Bcash. Import the private keys from your old, now-empty Bitcoin wallet into this Bcash wallet. Now you have BCH which you can handle as you wish. Note that BCH transactions may be very slow to confirm for a couple of days.

Are these files related to the Windows folder, or to the registry?

I'm asking because I copied the entire bitcoin folder to another old hd, was going to use it on this same system for the ABC wallet until I read the warning above. What files are overwritten?

[howto]

is there online wallet to split my BTC to get BCH? i try download bitcoinunlimited, but required 80GB space.

[RoomBot]

If you can use private keys with no btc on it (because you just sent it to another wallet) will it work with ANY private keys? What if I have very old private keys that had some btc earlier and I'll import it in BCH wallet?

No. That makes no sense at all. The balances on BCH are a "snapshot" from around ~2 PM UTC today. If your address had money on it at that time, then you can import the corresponding key into BCH. However, you should move away the money from the same key on BTC.

The point of that is to avoid giving private keys full of BTC to hosted wallets or largely-untested BCH software.

This. I am not even considering touching anything yet as they made a lot of changes to their software.

Like throwing BTC away with the bath water?

[howto]

BCH recovery tool is live for btc.com

https://bcc-recovery.btc.com/

Can i open new wallet in BTC.com to get BCH? but now my BTC in electrum