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Author Topic: coinfork.io - Easy way to access the Bitcoin Cash associated with your Bitcoin  (Read 340 times)
dtmf (OP)
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August 02, 2017, 11:06:33 AM
 #1

We (creators of DTMF.io) have put together a simple process for getting access to the BCH associated with your Bitcoin private keys.

It's now live at https://www.coinfork.io/

Basically, we sweep your wallet on both blockchains, and transfer both your BTC and BCH associated with the wallet to addresses of your choice. There is a small (0.5%) fee associated, to cover costs of operating the service. We also pass on the transaction fee on both blockchains (to be clear, we pass on the recommended transaction fee from Bitcoin Core for BTC and from Bitcoin ABC for BCH).

After the sweep+transfer (which we aim to complete within one hour, but usually it takes less time), there are no funds associated with the private key you sent us any more on either blockchain, because they have all been transferred to the addresses you provided.
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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michkima
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August 02, 2017, 04:29:09 PM
 #2

And how do we even know that you will not run away with the coins that are in the private keys that we send you? :/
Your service has no trust here, and likely this will be seen as a scam attempt.
You don't even have an official looking announcement thread. Not much real effort put into this.
Gotottack
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August 02, 2017, 04:31:23 PM
 #3

And how do we even know that you will not run away with the coins that are in the private keys that we send you? :/
Your service has no trust here, and likely this will be seen as a scam attempt.
You don't even have an official looking announcement thread. Not much real effort put into this.

Yeah, definitely shady business going on here. I don't think I'll get my bitcoins back if I trust these guys. Have you even seen their website? Damn, that is the simplest webdesign I've seen. Like you said, there is not much real effort placed in this. I would not trust them with my private keys. I would just find a way myself to do it.
warningsigns
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August 02, 2017, 06:25:21 PM
 #4

When technology develops, there are always scammers who attempt to exploit and take advantage of others. Always.

This is what makes humans unique. A brain that thinks 24/7 how to take what's not theirs.

TryNinja
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August 02, 2017, 08:44:32 PM
 #5

I wouldn't trust my private key on an online tool that isn't open source.

Why don't you upload your code to GitHub so people can download and run locally? Otherwise I recommend everybody to avoid using this website since it would mean that this tools is a blatant scam made to steal people's coins.

Please reconsider, OP.

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TheCoinFinder
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August 03, 2017, 05:42:42 AM
 #6

Anyone tried how coinfork.io works? I would rather think giving access to my coins to any third party as a new trend of senselessness.
No assurance how you use our crypto wallets. Wouldn't you turn greedy if you see a large amounts in some wallets?

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Kevin77
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August 03, 2017, 08:03:21 PM
 #7

So what one has to do is, upload the private key to a website which was born the day before, the website 'digs' both the block chains and sends me Bitcoins and BitCoinCash after deducting a commission.
To receive BitCoinCash one has to download the BitCoinCash wallet; instead of providing the private keys to you, why shouldn't one put it in the new wallet and cash out?
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