Bitcoin Forum
September 23, 2018, 01:34:22 PM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 [46]
  Print  
Author Topic: Aug 1 summary  (Read 95267 times)
beliveinsomeone
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
July 11, 2018, 10:25:43 AM
 #901

Thank you very much for the tutorial.

I also recommend that everyone is considering using Bitcoin Cash carefully. Anyone with your private key has access to your money in both lines.
1537709662
Hero Member
*
Offline Offline

Posts: 1537709662

View Profile Personal Message (Offline)

Ignore
1537709662
Reply with quote  #2

1537709662
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Bitbobb
Hero Member
*****
Offline Offline

Activity: 798
Merit: 521


Less hops. More wins.


View Profile
July 12, 2018, 12:06:25 AM
 #902

Thank you very much for the tutorial.

I also recommend that everyone is considering using Bitcoin Cash carefully. Anyone with your private key has access to your money in both lines.

you can send the btc to another wallet first before you do the separation with your private keys or whatever method to get your BCH.  I think that is mentioned in this tutorial. 

█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
Website: www.Bitcoincash.org
Thread: Bitcoin Cash Thread
Donate BCH: 1JhDmQFpjndJGB7SjmD7C55fwwbkCpytaj

████
███████████

████████████████
███████████████████
████████████████
████
██████████████████
███
█████████████████████
██████████████████████
█████
████████████████
█████
█████████████████
██████
█████████████
███████
███████████
████████████████
████████████
███

tungnhapchanvui
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
July 14, 2018, 08:38:02 AM
 #903

Some great security steps, but extremely useful for security.
Machine02
Newbie
*
Offline Offline

Activity: 43
Merit: 0


View Profile
July 18, 2018, 07:43:16 AM
 #904

I was caught on the pumping of the BCC and went in only to see the coins going south since and i am now stucked in the trade can't get out because my portfolio is now depleted. Sitting here hoping it will move up north for me to recover just small part of my portfolio. Smiley
Viendong6158
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
July 26, 2018, 04:49:19 AM
 #905

Realy I can't find/get my privat key , could somebody help me?) I keep my bitcoins in App Greenaddress . How can I get BCH ?
Thank you !! Embarrassed Embarrassed
Jaidman
Jr. Member
*
Offline Offline

Activity: 30
Merit: 1

There is future in cryptocurrency


View Profile
July 26, 2018, 05:40:55 AM
 #906

Executive summary

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

The BIP91/BIP148 split didn't occur

As had been expected for the last week or so, the big potential split which caused all of the Aug 1 hubbub didn't happen, due to BIP91/BIP148 succeeding. There's a small chance that this split could still happen sometime between now and around Aug 10, but it looks very unlikely at this point.

Bcash split, creating an altcoin

If you had some number of BTC as of approximately 14:00 UTC, and if these bitcoins were secured by private keys controlled by you or in a Bcash-supporting online wallet, it is now possible for you to claim the same number of Bcash coins (BCH/BCC). Bcash is an altcoin based on Bitcoin; since it split, it is now 100% independent from Bitcoin other than the carried-over balances.

Bcash claims to have replay protection, but this is only a Bcash miner policy. Any Bcash miner could still replay transactions. Therefore, you can't safely rely on it.

Instructions for safely splitting your BCH from your BTC

Here are general split instructions. If your wallet software gives different instructions, use those instead.

These are the best instructions I could come up with quickly. Maybe someone will eventually come up with a more convenient way of doing it. Note that while I believe these instructions to be safe and reasonable, you are solely responsible for your safety here.

 1. Decide whether you want to bother splitting your coins at all. Is it actually worthwhile to remove your coins from cold storage (or whatever)? If you take no particular action and continue using Bitcoin as normal, then your BCH is likely (but not guaranteed) to remain associated with the current private keys due to BCH's pseudo-replay-protection; you could therefore maybe claim your BCH later on if you want. If you want to claim your BCH now, continue to the next steps.
 2. Create a totally new logical wallet with a new mnemonic, etc. Just creating new addresses is not sufficient: the new wallet needs to be completely separate from the old one. The new wallet's private keys should be under your personal control just in case your transaction is replayed or something else goes wrong. Make sure you have backups of the new wallet.
 3. Send all of the BTC in your old wallet to your new wallet, and wait until this transaction has 30 confirmations. (If you are really itching to get your BCH, it would not be totally crazy to wait for as few as 3 confirmations, but there is some risk with that.) Note that sending all of your BTC in a single transaction is likely to be harmful to your privacy; if you care about this, you might want to send it in several smaller transactions to several different addresses on the new wallet.
 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.

Continuing risks

Although I am giving a general "all clear" at this point because the risk of serious issues has dropped substantially, some turbulence is still possible due to BIP91/BIP148 and the rollout of SegWit:

 - If you are using a full-node wallet (eg. Bitcoin Core), you should require 30 confirmations for high-value, untrusted incoming transactions until SegWit locks in around Aug 10. Although seemingly quite unlikely at this point, it is possible that miners could fail to enforce BIP91/BIP148, which could cause very long reorgs (ie. confirmations could disappear, allowing double-spending). This seems unlikely enough that I probably wouldn't require extra confirmations for "normal" transactions, but if you absolutely cannot tolerate any particular transaction being reversed, then waiting for 30 confirmations would be most prudent.
 - If you are using a lightweight wallet, you should require 30 confirmations for all untrusted incoming transactions until SegWit locks in around Aug 10, and again for a couple of weeks after SegWit finally activates around Aug 24. Long reorgs or even persistent splits are possible if miners fail to properly enforce the rules of BIP91, BIP148, or SegWit, and lightweight wallets are particularly poor at handling such things because they will blindly accept invalid, probably-soon-to-be-orphaned blocks.
 - I don't recommend putting much BTC on hosted wallets / exchanges generally. Exactly how the above risks would be translated to these services will vary depending on how each service handles deposits, reorgs, and double-spends.

I appreciate the info
I was caught on the pumping of the BCC and went in only to see the coins going south since and i am now stucked in the trade can't get out because my portfolio is now depleted. Sitting here hoping it will move up north for me to recover just small part of my portfolio. Smiley

I appreciate the information you pass.
Bitbobb
Hero Member
*****
Offline Offline

Activity: 798
Merit: 521


Less hops. More wins.


View Profile
July 27, 2018, 03:28:04 PM
 #907

Realy I can't find/get my privat key , could somebody help me?) I keep my bitcoins in App Greenaddress . How can I get BCH ?
Thank you !! Embarrassed Embarrassed

contact the app developers to find out how to get your private keys or learn about how the wallet functions from other sources is where I would start.  Let us know the result here.  thanks

█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
█████████████████████████████████████████████
Website: www.Bitcoincash.org
Thread: Bitcoin Cash Thread
Donate BCH: 1JhDmQFpjndJGB7SjmD7C55fwwbkCpytaj

████
███████████

████████████████
███████████████████
████████████████
████
██████████████████
███
█████████████████████
██████████████████████
█████
████████████████
█████
█████████████████
██████
█████████████
███████
███████████
████████████████
████████████
███

Charmaine52
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
Today at 10:49:53 AM
 #908

suppose I would not use my BTC until August 10. I hate buying something that has gone up a lot lately, so I would probably keep it in fiat waiting for something to hard dip
Eminem23
Full Member
***
Offline Offline

Activity: 307
Merit: 100


dApps Development Automation Platform


View Profile
Today at 10:52:40 AM
 #909

All this situation is extremely difficult and it is very difficult to understand it and not subject to a simple beginner, you can deal with this only if you have many years in this sphere.

EventChain
Jr. Member
*
Offline Offline

Activity: 56
Merit: 3

Nam Suri, Eventchain Smart tickets


View Profile WWW
Today at 11:08:50 AM
 #910

Thanks alot! For your guidance and support during this era.
The information provided by you is very useful during this time period.
It's very good.Now I can use my account more carefully

eventchain.io | EventChain is the Future of SmartTickets (https://eventchain.io/)™
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 [46]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!