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Author Topic: Spending BTC but being able to recover BTG from ledger nano s  (Read 1375 times)
Jendeh
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October 26, 2017, 04:38:28 PM
 #1

I hope someone can help me with what to do now (because I want to use my BTC now but want to get my BTG when it is supported on the ledger nano s), I think more people want to know this:

So:

On (https://www.ledger.fr/2017/10/25/status-bitcoin-gold - as-bitcoin-block-491472/)
it says:Since the replay protection mechanism is unknown, it’s recommended to stop transacting on the Bitcoin network if you think your assets on the Bitcoin Gold network could be valuable.

Can I now move my BTC out of my ledger nano s wallet and still get BTG when the wallet supports it (it doesn’t, yet)?

Solution??: Maybe by sweeping my BTC into another wallet then send it somewhere (and how do I keep the old keys of the wallet where BTG should come to?)

If someone know a step by step to make sure that everything goes wells , would be appreciated.
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TryNinja
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October 26, 2017, 04:48:02 PM
 #2

I hope someone can help me with what to do now (because I want to use my BTC now but want to get my BTG when it is supported on the ledger nano s), I think more people want to know this:

So:

On (https://www.ledger.fr/2017/10/25/status-bitcoin-gold - as-bitcoin-block-491472/)
it says:Since the replay protection mechanism is unknown, it’s recommended to stop transacting on the Bitcoin network if you think your assets on the Bitcoin Gold network could be valuable.

Can I now move my BTC out of my ledger nano s wallet and still get BTG when the wallet supports it (it doesn’t, yet)?

Solution??: Maybe by sweeping my BTC into another wallet then send it somewhere (and how do I keep the old keys of the wallet where BTG should come to?)

If someone know a step by step to make sure that everything goes wells , would be appreciated.
AFAIK the Bitcoin Gold network isn't live yet. But the blockchain snapshot has been taken. Which means that your address containing Bitcoins will receive BTG coins after the network is live but you can't "redeem" them yet. So, for now it should be safe to move your coins to another wallet - by sweeping or just sending it manually - and still spend your BTG coins in another time.

cryptosipi
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October 26, 2017, 05:06:46 PM
 #3

I hope someone can help me with what to do now (because I want to use my BTC now but want to get my BTG when it is supported on the ledger nano s), I think more people want to know this:

So:

On (https://www.ledger.fr/2017/10/25/status-bitcoin-gold - as-bitcoin-block-491472/)
it says:Since the replay protection mechanism is unknown, it’s recommended to stop transacting on the Bitcoin network if you think your assets on the Bitcoin Gold network could be valuable.

Can I now move my BTC out of my ledger nano s wallet and still get BTG when the wallet supports it (it doesn’t, yet)?

Solution??: Maybe by sweeping my BTC into another wallet then send it somewhere (and how do I keep the old keys of the wallet where BTG should come to?)

If someone know a step by step to make sure that everything goes wells , would be appreciated.
Yes you are right BTG promised that there will be replay protection but they failed to do so.
but there is a way how you can use bitcoin.
1.1st buy a little ammout of bitcoin from any renouned website or from some one you useally buy bitcoins.
2.send this bitcoins to your main wallet address .
3.example if you have 1 btc before the snapshot of BTG .now send another .1 btc to this address.
4.Now you can spend your bitcoin from your main wallet cause that previous 1 btc only had the risk to replayed .
but now as you have 1.1 btc it will not get replayed.
5.and you still get the btg from that old bitcoin address as the snapshot is already there.
hope this helps you.
Jendeh
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October 26, 2017, 09:31:50 PM
 #4

Thank you, does this really work?

Or should I just send my bitcoins to another wallet like the person above you said?

Or do I first need to send 0.1 BTC and then sending everything to another wallet?

Someone who can confirm?
TryNinja
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October 26, 2017, 11:28:31 PM
 #5

Thank you, does this really work?

Or should I just send my bitcoins to another wallet like the person above you said?

Or do I first need to send 0.1 BTC and then sending everything to another wallet?

Someone who can confirm?
As I said, the snapshot already happened. Every wallet that had BTC before the snapshot will receive the same amount in BTG coins. THIS ALREADY HAPPENED.

You can buy as many coins you want now, but you will not receive any Bitcoin Gold, only the normal Bitcoin. And you can't spend them yet, since the network isn't live yet.

Jendeh
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October 27, 2017, 01:27:10 PM
 #6

Thank you, does this really work?

Or should I just send my bitcoins to another wallet like the person above you said?

Or do I first need to send 0.1 BTC and then sending everything to another wallet?

Someone who can confirm?
As I said, the snapshot already happened. Every wallet that had BTC before the snapshot will receive the same amount in BTG coins. THIS ALREADY HAPPENED.

You can buy as many coins you want now, but you will not receive any Bitcoin Gold, only the normal Bitcoin. And you can't spend them yet, since the network isn't live yet.

I understand this, however please read the post by cryptosipi above.

Can I A) just send my btc to another wallet (for example exchange) and claim BTG later?
Or should I first send some btc to my wallet and then send it to another wallet (for example exchange) to be able to claim BTG later (replay protected this way? Like cryptosipi said above?)

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October 27, 2017, 05:00:58 PM
 #7

Can I A) just send my btc to another wallet (for example exchange) and claim BTG later?
Yes. You will end up only sending BTC and the BTG coins will stay in your wallet to be claimed after the network is live.

Or should I first send some btc to my wallet and then send it to another wallet (for example exchange) to be able to claim BTG later (replay protected this way? Like cryptosipi said above?)
I can't confirm for sure if what he said would work. But I don't see any problem on doing it, so why not? Better to be safe than sorry.

Jendeh
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October 27, 2017, 05:31:46 PM
 #8

Can I A) just send my btc to another wallet (for example exchange) and claim BTG later?
Yes. You will end up only sending BTC and the BTG coins will stay in your wallet to be claimed after the network is live.

Or should I first send some btc to my wallet and then send it to another wallet (for example exchange) to be able to claim BTG later (replay protected this way? Like cryptosipi said above?)
I can't confirm for sure if what he said would work. But I don't see any problem on doing it, so why not? Better to be safe than sorry.

Ok I understand, however in ledger nano s, I see an option with: add account.

Question 1)
Does this seperate account use the same 24 word seed?

Is it better to

scenario 1)

A) send 0.1 to the orginal wallet, then sweep all BTC to the new account > then hold my BTC's there?
or
B) doesn't make this any sense?

scenario 2)

A) A) send 0.1 to the orginal wallet, then add a phassphrase to my ledger nano s (SETTINGS > Security > Passphrase > Attach to a PIN) to get a new hidden wallet, this does use another seed/key? (seed 24 words + phassprhase) then my BTC's are safe and no replay attack could been used when BTG is released on the main wallet?
or

B) same as A, without sending 0.1 first, because it doesn't make any sense

Don't want to mess anything up. That's why I ask all possible options.

I don't want to lose my BTC, however losing BTG is less a problem.. (but if I can hold it both?? why not..)
bob123
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October 29, 2017, 08:52:27 PM
 #9

..
3.example if you have 1 btc before the snapshot of BTG .now send another .1 btc to this address.
4.Now you can spend your bitcoin from your main wallet cause that previous 1 btc only had the risk to replayed .
but now as you have 1.1 btc it will not get replayed.
..

Thats not true. Even if you send 0.1 btc to an address containing 1 btc, a transaction can still be replayed.
The current respectively the snapshot balance of the address does have no influence on the transaction which still can be replayed (because its a valid transaction).
But replaying this transaction would just make funds move to another wallet still in control of OP.

To be safe from replay attacks you basically "just" have to move your btc out of your current wallet.
Then, after BTG went live, you are able to import your "old" private keys to spend your BTG.
Or, in this case, OP can create a new "account" on his ledger nano to move btc funds there. Then, after btg went live, funds will appear under BTG chain (at main account).

Jendeh
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October 30, 2017, 08:09:53 PM
 #10

..
3.example if you have 1 btc before the snapshot of BTG .now send another .1 btc to this address.
4.Now you can spend your bitcoin from your main wallet cause that previous 1 btc only had the risk to replayed .
but now as you have 1.1 btc it will not get replayed.
..

Thats not true. Even if you send 0.1 btc to an address containing 1 btc, a transaction can still be replayed.
The current respectively the snapshot balance of the address does have no influence on the transaction which still can be replayed (because its a valid transaction).
But replaying this transaction would just make funds move to another wallet still in control of OP.

To be safe from replay attacks you basically "just" have to move your btc out of your current wallet.
Then, after BTG went live, you are able to import your "old" private keys to spend your BTG.
Or, in this case, OP can create a new "account" on his ledger nano to move btc funds there. Then, after btg went live, funds will appear under BTG chain (at main account).

New account use the same seed right? So that isn't safe from replay attacks?
XXX_BTC1@
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October 31, 2017, 05:35:01 AM
 #11

I hope someone can help me with what to do now (because I want to use my BTC now but want to get my BTG when it is supported on the ledger nano s), I think more people want to know this:

So:

On (https://www.ledger.fr/2017/10/25/status-bitcoin-gold - as-bitcoin-block-491472/)
it says:Since the replay protection mechanism is unknown, it’s recommended to stop transacting on the Bitcoin network if you think your assets on the Bitcoin Gold network could be valuable.

Can I now move my BTC out of my ledger nano s wallet and still get BTG when the wallet supports it (it doesn’t, yet)?

Solution??: Maybe by sweeping my BTC into another wallet then send it somewhere (and how do I keep the old keys of the wallet where BTG should come to?)

If someone know a step by step to make sure that everything goes wells , would be appreciated.

yes ledger nano s wallet is the good and secure really it is more secure and i want to try once in to this wallet. now most of the people using to this wallet so i have to trying to this wallet really it is more secure and safety. most of the people trying to using this wallet.
RntMC
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November 15, 2017, 09:18:00 AM
 #12

Does anybody know how can I claim BTG on my Ledger Nano S?

Thanks
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