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Author Topic: how to redeem Bitcoin Cash  (Read 11840 times)
CryptosapienZA (OP)
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August 01, 2017, 10:27:09 AM
 #1

This was posted by Eletrum Wallet on Twitter. https://electrum.org/bcc2.txt

Recommendation on how to redeem Bitcoin Cash
============================================

July 31st, 2017.

Electrum is a Bitcoin wallet created by Thomas Voegtlin in 2011.
Electrum is distributed by Electrum Technologies GmbH, a company
registered in Germany, using the website https://electrum.org


Electrum users who are not interested in Bitcoin Cash do not need to
worry nor to take any particular action. The following note is only
for users who want to access their Bitcoin Cash (BCC).

"Electron Cash" is a fork of Electrum for Bitcoin Cash. Electron Cash
is not endorsed by Electrum. It is open source, and binaries
(executables files) are available for Windows, OSX and
Android. However, when you run binaries instead of source code, you
have no guarantee that they match the source code. This is why wallet
binaries are usually signed by developers. A digital signature engages
the responsability of the person who signs.

The person who distributes the Electron Cash binaries has decided to
remain anonymous, and uses the fake name "Jonald Fyookball" in order
to sign Electron Cash binaries. Thus, if these binaries contain code
that is designed to steal your bitcoins, the author of the theft will
be anonymous and walk away safely with your funds.

This danger is exacerbated by the fact that the default behaviour of
Electron Cash is to silently copy all your Electrum wallets into its
own directory. Thus, if you run Electron Cash on a machine where you
previously used Electrum, all your pre-existing wallets will be
available in Electron Cash, and you will only need to enter your
password in order to expose your bitcoins to potential theft.

Therefore, users who want to run the Electron Cash binaries should do
it on a separate same machine, that does not have their Bitcoin
wallet. We recommend to proceed as follows:

 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.
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Someone47
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August 01, 2017, 10:29:10 AM
 #2

yes thank you for reposting this cryptosapenzia, this is important information.

better stay on the safe side. i dont import any private keys in any other wallets ever

سلام
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August 01, 2017, 10:40:43 AM
 #3

This was posted by Eletrum Wallet on Twitter. https://electrum.org/bcc2.txt

Recommendation on how to redeem Bitcoin Cash
============================================

July 31st, 2017.

Electrum is a Bitcoin wallet created by Thomas Voegtlin in 2011.
Electrum is distributed by Electrum Technologies GmbH, a company
registered in Germany, using the website https://electrum.org


Electrum users who are not interested in Bitcoin Cash do not need to
worry nor to take any particular action. The following note is only
for users who want to access their Bitcoin Cash (BCC).

"Electron Cash" is a fork of Electrum for Bitcoin Cash. Electron Cash
is not endorsed by Electrum. It is open source, and binaries
(executables files) are available for Windows, OSX and
Android. However, when you run binaries instead of source code, you
have no guarantee that they match the source code. This is why wallet
binaries are usually signed by developers. A digital signature engages
the responsability of the person who signs.

The person who distributes the Electron Cash binaries has decided to
remain anonymous, and uses the fake name "Jonald Fyookball" in order
to sign Electron Cash binaries. Thus, if these binaries contain code
that is designed to steal your bitcoins, the author of the theft will
be anonymous and walk away safely with your funds.

This danger is exacerbated by the fact that the default behaviour of
Electron Cash is to silently copy all your Electrum wallets into its
own directory. Thus, if you run Electron Cash on a machine where you
previously used Electrum, all your pre-existing wallets will be
available in Electron Cash, and you will only need to enter your
password in order to expose your bitcoins to potential theft.

Therefore, users who want to run the Electron Cash binaries should do
it on a separate same machine, that does not have their Bitcoin
wallet. We recommend to proceed as follows:

 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.
Thanks for the link ive been searching this information since i do have some funds on my electrum and i didnt know on what would be the steps to do on gaining BCC on the new electrum wallet. Seems like you would really need to download the new wallet separate on other machine. Sad i dont have any machine since i do only have on PC. I would search up new ways though and would really like to claim free BCC Grin

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abercrombie
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August 01, 2017, 04:24:57 PM
 #4

Can someone give a thumbs up on Electron Cash?  Just want to make sure it works.
Vaslime
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August 01, 2017, 07:31:12 PM
 #5

yes thank you for reposting this cryptosapenzia, this is important information.

better stay on the safe side. i dont import any private keys in any other wallets ever

giving the opportunity to hold your own private key is amazing. you feel safer.

 
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slimsteam.vip
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August 01, 2017, 11:23:47 PM
 #6

Hello I followed this exactly and I did even see 20 BCC in my wallet but was showing a unconfirmed parent warning I closed the wallet and opened it again and the BCC coins disappeared, what can I do, import the keys? or have I been scammed by the software where can I see where the coins were sent too?

Or is there someone sort of delay?
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August 02, 2017, 10:47:37 PM
 #7

Please check you are on the correct chain. See https://steemit.com/bitcoin/@electroncash/electron-cash-how-to-check-you-are-on-the-bitcoin-cash-chain
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August 07, 2017, 03:44:41 AM
 #8

Is there any way to recover the password?
error 'incorrect password'
Blackmoon Crypto
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August 07, 2017, 04:58:30 AM
 #9

yes thank you for reposting this cryptosapenzia, this is important information.

better stay on the safe side. i dont import any private keys in any other wallets ever

Completely agree -- don't transfer any private keys in any other wallets!
dobolspeed1
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August 07, 2017, 05:25:31 AM
 #10

yes thank you for reposting this cryptosapenzia, this is important information.

better stay on the safe side. i dont import any private keys in any other wallets ever

Completely agree -- don't transfer any private keys in any other wallets!

Yes me too, you will feel the effect, what do you think for transfering private keys in any other wallets ?

White sugar
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August 07, 2017, 06:00:52 AM
 #11

You don't have to use the electron.

Don't forget to read the official statement:

https://bitcointalk.org/index.php?topic=2059111.0
DocSnyd3r
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August 07, 2017, 07:50:50 AM
 #12

yes thank you for reposting this cryptosapenzia, this is important information.

better stay on the safe side. i dont import any private keys in any other wallets ever

Completely agree -- don't transfer any private keys in any other wallets!

Yes me too, you will feel the effect, what do you think for transfering private keys in any other wallets ?

Except you have no more Bitcoins on that address and you see BCH as a free gift which you are willing to risk. I saw it that way and sold BCH for .15 BCH.

3ADZdEawDgfhcHaXzZorX1aVxv7s2Ppv9e (beer BTC)
Ayers
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August 07, 2017, 08:10:01 AM
 #13

just to put it here, because some other user had this problem, you need to remember that with electrum cash you have to connect to bitcoin cash node and not bitcoin, otherwise no coin will show up, better to use bitcoin cash core

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August 07, 2017, 08:12:25 AM
 #14

just to put it here, because some other user had this problem, you need to remember that with electrum cash you have to connect to bitcoin cash node and not bitcoin, otherwise no coin will show up, better to use bitcoin cash core

Bitcoin cash core has the same size of the blockchain, so the syncing process probably will take a while and most people won't have the patience to wait
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