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Author Topic: electrum is safe for the next forks?  (Read 1135 times)
PosAltcoinsClub (OP)
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October 12, 2017, 06:32:55 PM
 #1

hey all.

i there anything i need to do with electrum prior to the bitcoin gold fork?
or just wait and let the fork pass away without doing anything?

thanks!

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October 12, 2017, 07:56:04 PM
 #2

hey all.

i there anything i need to do with electrum prior to the bitcoin gold fork?
or just wait and let the fork pass away without doing anything?

thanks!

No. If all the coins you have are in your electrum wallet. You can just wait for the fork to happen. You could try putting them all on one address so you only have one private key to inport to the next wallet (as there doesntyet lok to be an electrongold wallet).
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October 21, 2017, 09:41:43 AM
 #3

No.

yeah but what about S2X???

https://www.coindesk.com/money-risk-mobile-wallets-become-new-battleground-bitcoin-fork-debate/
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October 21, 2017, 11:27:05 AM
 #4


It should be.
You still own the private keys, your coins should still be safe. Transactions cannot be signed without the password and if you have your seed, other tools cam be used to import into bitcoin core and I'm sure ThomasV and the other electrum devs will try to edit the software to use the new protocols.
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October 27, 2017, 08:49:24 AM
 #5

Just make sure that before you import your private keys into any other wallet to claim your new coins, that you send your bitcoins first to a new wallet (for which you will have new private keys then). That way your old private keys dont contain any Bitcoin anymore (only the new coins you want to claim), so the loss of loosing your BTC accidentally (maybe replay protection was not implemented) is reduced greatly.
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October 27, 2017, 11:54:48 AM
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Just make sure that before you import your private keys into any other wallet to claim your new coins, that you send your bitcoins first to a new wallet (for which you will have new private keys then). That way your old private keys dont contain any Bitcoin anymore (only the new coins you want to claim), so the loss of loosing your BTC accidentally (maybe replay protection was not implemented) is reduced greatly.

I'm not sure this protects against replay protection but it does protect against things like keyloggers that could be strategically placed inside the wallet software. (Though it may offer some replay protection as well).
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October 28, 2017, 12:27:51 PM
 #7

Moving the coins after the fork offers pretty much zero replay protection... In fact, moving them around is what causes you to be open to replay attacks... Especially if you're moving them to addresses you don't control, as you're creating and broadcasting the "signed" transaction needed to be able to replay the transaction on the other network!

Unless you're creating transactions specifically for the purpose of splitting coins using nlocktime or tainted with "coinbase" transaction/already split coins... You're better off just leaving everything alone until the situation has settled down and the details on replay protection and/or how to properly/safely split your coins have been announced

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