Electrum and Electron Cash, I need help

[Ale88]

Hi guys,

I need some clarification about those wallets, in order to get BCH.

I just downloaded for the first time Electron Cash, and it immediately asks a password, which I never set. Is that the same password of Electrum?

Because months ago I had my BTC in Electrum, later I moved everything to Exodus, but anyway I kept Electrum installed. Now I want to claim my BCH, and I read about exporting the private keys, but before exporting them it's better to empty the wallet for safety reasons, so I moved again my BTC from Exodus back to Electrum, in this way I could export Exodus' private keys without any risk for the BTC.

So now I don't want to mix Electrum and Electron Cash passwords or other stuff since I'm not sure if Cash wallet is 100% reliable, what should I do?

Thanks!

[IIOII]

Simple answer:

Don't install Electron Cash on the same system were Electrum is already installed. Otherwise it may mess up your Electrum installation.

For security reasons (Electron Cash binaries have been signed by an anonymous person) I would install Electron Cash on a separate system that does not contain any Bitcoin data.

[khufuking]

You should deal with caution from this point . installing electron cash on the  same system is not good from theymos instructions (Warning: some Bcash wallets are known to overwrite important files belonging to their Bitcoin counterparts.).

Now this is what I did .
- Moved all my BTC from my main wallet to totally new one .

- waited until I got more than 30 confirmations ( no need for that now I guess )

- Installed electron wallet on totally different computer  .

- Imported my address .

- sent them to an exchange and sold them ( optional ) 

[Ale88]

Unfortunately I have only one computer...

And what do you think about this post on Exodus website: http://support.exodus.io/knowledge_base/topics/how-do-i-claim-bitcoin-cash

Especially this:





Is it actually safe to do as they say or the private keys could be jeopardized in some way?

[khufuking]

To be honest I never used Exodus wallet before so I really do not know . But there was a thread here about Exodus wallet and BCC you will probably find the help you need on it .

Just make sure that your main BTC is safe before doing anything .

[Kemarit]

Here is a snippet from https://electrum.org/bcc2.txt regarding on how to claim your bcc using Electron Cash.

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.

Following these 4 easy steps you will be able to access your BCC without compromising your BTC.

I have exodus wallet but I don't have btc in it. I hope someone can chime in and help you out with exodus wallet because I also want to know how to claim BCC using it.

[Ale88]

So guys, since at the moment I'm storing my BTC in Electrum, and on the same computer I've installed Electron Cash as well, what do you suggest to do? To send them back to Exodus (or in an exchange) in order to avoid any possible problem between Electrum and Electron Cash?

[xFiber]

I would actually still be very careful using electron cash. I saw one guy importing his private keys into electron cash and as soon the keys got imported the coins were send to addresses that weren't his. Electrum stated that the version isn't 100% stable yet so be cautious.

[Ale88]

I would actually still be very careful using electron cash. I saw one guy importing his private keys into electron cash and as soon the keys got imported the coins were send to addresses that weren't his. Electrum stated that the version isn't 100% stable yet so be cautious.

I would never import the private keys in Electron Cash while the Bitcoin are still in the same address, in this case I could only lose the Bitcoin Cash and nothing more, no?
Anyway my idea was to send immediately BCH to Kraken or some other exchange and delete that wallet, but the problem is how to get them...

[LTU_btc]

I had installed Electron Cash and nothing bad didn't happened. But, for unknown reasons, I wasn't able to send BCH from Electron wallet. Then I decided to install Coinomi app on my android phone, imported private keys there and I have only good experience with this wallet.

Unfortunately I have only one computer...

And what do you think about this post on Exodus website: http://support.exodus.io/knowledge_base/topics/how-do-i-claim-bitcoin-cash

Especially this:





Is it actually safe to do as they say or the private keys could be jeopardized in some way?

Why do you think it's unsafe? I only recomend to leave empty BTC wallet before claiming BCH. It's for basic safet of your Bitcoins.

[joshy23]

So guys, since at the moment I'm storing my BTC in Electrum, and on the same computer I've installed Electron Cash as well, what do you suggest to do? To send them back to Exodus (or in an exchange) in order to avoid any possible problem between Electrum and Electron Cash?

If you want to get that route win Exodus, I suggest you only try a small portion of your bitcoin stash and see how it goes. Don't try to put your bitcoin is one transaction. If the small bitcoin was successful split with BCH/BCC then I think Exodus will be your option. I'm not sure about Electron Cash, take note that Electrum didn't endorsed it based on their website. And as the website says, used two different computers. The likely hood of you losing your btc is high if you used one pc. Goodluck.

[jorneyflair]

DEAL WITH CAUTION

Before installing your electron cash, I would recommend importing your private keys or just moving it so electron cash doesn't mess you up. Some wallets for Bitcoin cash may delete files related to bitcoin and you may lose all your Bitcoin, so that's why I would recommend using an online wallet to store your Bitcoin when setting up electron wallet, or even better using a hardware wallet for added protection.

Electrum themselves said that their wallet is still unstable, so I would just hold off installing electron wallet just right now until the dev team of electrum dust out some bugs and everything gets fixed.

[d5000]

I have also installed Electrum and Electron Cash on the same machine and nothing bad happened (I have made a backup of my Bitcoin keys before, obviously).

What Electron Cash did, however, was to copy the files of my Electrum data directory and storing them in its own data directory (on Linux, Electrum is on ~/.electrum and Electron Cash on ~/.electron-cash). That's the reason why it asks the passwords of your original Electrum wallet.

The best choice is to move one of both coin incarnations (BTC or BCC) into a fresh wallet out of Electrum/on (create it with File -> New/Restore). As long as you have your seed and/or your keys, in theory nothing bad can happen because of the replay protection.

I separated my BTC and BCC with this method without problems.

(I am not an expert. So if you are totally new to Bitcoin maybe better keep on the safe side and install Electron Cash in a virtual machine or something like that.)

[Ale88]

At the moment just to avoid any problem I'm moving all the BTC to Kraken, I checked various times the address and it's correct, I see my Kraken address in both Electrum and Blockchain.info, so they should arrive.
I don't know how long it'll take, I sent them like 10-15 minutes ago and Electrum still reports "unconfirmed", shouldn't I see the clock at this point? Or it takes ore than 10 minutes to display the clock?

[khufuking]

At the moment just to avoid any problem I'm moving all the BTC to Kraken, I checked various times the address and it's correct, I see my Kraken address in both Electrum and Blockchain.info, so they should arrive.
I don't know how long it'll take, I sent them like 10-15 minutes ago and Electrum still reports "unconfirmed", shouldn't I see the clock at this point? Or it takes ore than 10 minutes to display the clock?

That is totally depends on the fee you paid if you paid the recommended fee it should arrive in 5 block or less . give it 30 min it should get its first confirmation by then .

[Ale88]

Just got them on Kraken, I feel better now, I was actually worried 

I wrote to Exodus asking more info about their way to get the Bitcoin Cash and, as usual, they answered me very quickly, I really like those guys and their wallet.

My question:
Will the Exodus BTC private keys be 100% safe? I mean, after sending the BCH to a Cash wallet there is no way the wallet could get access to the Exodus BTC private keys?

Exodus answer:
If you are using the one-click method in Exodus your private keys are not at risk because you are only sending  a transaction and there will be no access to your private keys.

So I guess I'm gonna try this way, but where could I send the BCH? Is there an exchange that allows deposits? Bitstamp no, Kraken not yet, what about Bittrex? Because I have accounts on these exchanges only (well, plus Poloniex...).

[khufuking]

Just got them on Kraken, I feel better now, I was actually worried 

I wrote to Exodus asking more info about their way to get the Bitcoin Cash and, as usual, they answered me very quickly, I really like those guys and their wallet.

My question:
Will the Exodus BTC private keys be 100% safe? I mean, after sending the BCH to a Cash wallet there is no way the wallet could get access to the Exodus BTC private keys?

Exodus answer:
If you are using the one-click method in Exodus your private keys are not at risk because you are only sending  a transaction and there will be no access to your private keys.

So I guess I'm gonna try this way, but where could I send the BCH? Is there an exchange that allows deposits? Bitstamp no, Kraken not yet, what about Bittrex? Because I have accounts on these exchanges only (well, plus Poloniex...).

Glad that you solved your problem . A lot of exchanges allowing BCC deposit the one i tried and working is ( Bittrex , Hitbtc ) . Bittrex require 20 confirmation took me almost full day to get my coins . Hitbtc require 2 confirmations got my coins fast . Just check the prices and decide which is better for you .

[Ale88]

Do you know how the registration situation with Hitbtc is? Because I would have to registrate, but if it takes weeks like Bitstamp, Kraken, etc I'm gonna use Bittrex to solve this problem quickly.

PS: I would send the BCH to Electron Cash, and of course I would never use again the Electrum wallet I have right now, do you suggest to remove Electrum before using Electron Cash or simply doesn't matter since it's empty?

[Ale88]

Yesterday I sent the BCH to Bittrex through Exodus, it's taking ages to receive them, it's been 12 hours until now and I only got 6/20 confirmations 

[Slark]

Yesterday I sent the BCH to Bittrex through Exodus, it's taking ages to receive them, it's been 12 hours until now and I only got 6/20 confirmations 

What do you expect? BCC is the inferior version of Bitcoin not supported by a majority of the miners. Furthermore, we are still in the midst of this 'revolution.
And each revolution has its transition period, instead of 6 confirmations we need 20/30.  Wait until August 10 to see the final lock down this scaling upgrade.
Using your coins now - even dumping BCH is not 100% safe, and if you are paranoid like me you will understand.