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Author Topic: Google cloud wallet  (Read 622 times)
Lone Shark
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August 08, 2017, 10:37:18 PM
 #1

So, I wanted to withdraw my BCH from my addresses but I don't want to trust electron-wallet with my private keys, but I also don't have the space on my hard drive nor the bandwidth to download the whole blockchain in case I wanted to use BitcoinABC wallet. What I launch a goggle cloud vps and download the BitcoinABC wallet there. So my question is

1. Will it be safe?
2. What are the risks of this?
3. Is there a possibility that my imported private keys will be stolen?
4. If it is unsafe, can it be secured?
5. Any problems you see that could happen here?

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HCP
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August 09, 2017, 04:19:47 AM
 #2

Why don't you just create a new Electrum wallet (or whatever BTC wallet you're using)... ie. new seed/private keys... send all your BTC there.

Import old BTC seed/keys into Electron Cash to get BCC... if they steal your keys, then only your BCC is at risk as BTC is safely on different keys.

Chikitita2004
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August 10, 2017, 04:47:20 PM
 #3

Why don't you just create a new Electrum wallet (or whatever BTC wallet you're using)... ie. new seed/private keys... send all your BTC there.

Import old BTC seed/keys into Electron Cash to get BCC... if they steal your keys, then only your BCC is at risk as BTC is safely on different keys.


Hi!! Is electrum wallet only in android?
Lone Shark
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August 10, 2017, 06:01:32 PM
 #4

Why don't you just create a new Electrum wallet (or whatever BTC wallet you're using)... ie. new seed/private keys... send all your BTC there.

Import old BTC seed/keys into Electron Cash to get BCC... if they steal your keys, then only your BCC is at risk as BTC is safely on different keys.


Because, I do not want to lose my current addresses as I use them to verify myself here on the forum. If electron cash does steal the private keys (a lot of sources say they might do it, so I want to be safe), then someone could use my staked address to steal my identity. Do you catch my drift here?

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August 10, 2017, 10:46:22 PM
 #5

Why don't you just create a new Electrum wallet (or whatever BTC wallet you're using)... ie. new seed/private keys... send all your BTC there.

Import old BTC seed/keys into Electron Cash to get BCC... if they steal your keys, then only your BCC is at risk as BTC is safely on different keys.


Because, I do not want to lose my current addresses as I use them to verify myself here on the forum. If electron cash does steal the private keys (a lot of sources say they might do it, so I want to be safe), then someone could use my staked address to steal my identity. Do you catch my drift here?
That was a problem and until now i was confused if i want to import my private keys in electron cash or any wallet for bitcoin cash or better to stay not use any of the wallet for bitcoin cash just to save your old bitcoin address..
Well i think like the above said much better to make a new wallet and transfer your bitcoin just to be safe of your funds..  before you importing your private keys from your old address to electron cash or any bitcoin cash wallet..  since you have your own vps its fast to download the whole blockchain ..
For now i am waiting for safety ways who already tested but i heard from TryNija(bitcointalk member) he already tested to get the BCC in electron cash wallet without any problem. .
But there are no proof that they successfully transfer their bcc to other bcc wallet. ..
Much better to wait for more months or days to see other post here about how they get their bitcoin cash and proof how they get it without any problem ..
Because i was also confused because there are some people that actually unsuccessful getting their bcc.. So we can't guaranteed that safe of our private keys ..

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August 11, 2017, 04:06:54 AM
 #6

So, I wanted to withdraw my BCH from my addresses but I don't want to trust electron-wallet with my private keys, but I also don't have the space on my hard drive nor the bandwidth to download the whole blockchain in case I wanted to use BitcoinABC wallet. What I launch a goggle cloud vps and download the BitcoinABC wallet there. So my question is
I find it interesting that people seem to think that BitcoinABC is more trustworthy than ElectronCash and are more than happy to download the ABC binary and use that, than they are to download the ElectronCash binary and use that... As far as I can tell, both are pretty much equally unproven... sure, they're both open source... but as far as I'm aware, there is still no really good reason to trust one binary over the other? Huh

If electron cash does steal the private keys (a lot of sources say they might do it, so I want to be safe)
Honestly, I see a lot of this "but sources say they might steal keys"... I have not actually seen one person show ANY proof that ElectronCash can or might steal keys... sure they copied wallet files from default data directory, which was a pretty stupid thing to do, but I understand why they did it... but there isn't anything in the source code to point to anything malicious... it was a fork of Electrum with some code changes to make BCH work.

And yes, the binaries *could* be totally bad and evil... but the sources look clean... and this is true of pretty much ANY wallet software... BTC, BCH, ETH etc... There is a lot of fear and FUD floating around... Undecided



At the end of the day... if you want your BCH, you are going to have to put your BTC seed or private key(s) into a BCH client at some point... Personally, I think I'd rather download the ElectronCash source and either compile it myself or run from sources than use a binary from any of the BCH clients. At least that way you can be 100% sure that the code you are running, is the code you can see... And it's relatively simple to do (note: much easier on Linux than Windows)

Alternatively, you could create an offline, sandboxed (airgapped or non network VM or non network Live distro etc) version of the BCH client with your seed/private keys... and then use an Online version of BCH client with xpub/public keys to create watching wallet and create unsigned transaction... transfer unsigned transaction to offline version of BCH client... sign transaction... transfer signed transaction back to Online client and broadcast it.

Then destroy the offline client (a live distro with no persistence would be the ideal scenario, as you'd just need to power the machine down to wipe the RAM, others would require special care to ensure you had thoroughly wiped the data from storage media)...

I believe that should mean that your key exposure is minimised... and there is no chance for a rouge client to transfer your keys elsewhere.

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