Bitcoin Forum
November 21, 2017, 06:45:51 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: ledger nano s and segwit2x  (Read 242 times)
uslfd
Full Member
***
Offline Offline

Activity: 126



View Profile
November 07, 2017, 10:33:55 PM
 #1

hello guys, im really sorry if this question has been asked again and again.

But im new to using ledger nano s.
Could someone kindly walk me, as a newbie, through how we prepare for segwit2x for BTC in my ledger nano s?

Thanks very much!

1511246751
Hero Member
*
Offline Offline

Posts: 1511246751

View Profile Personal Message (Offline)

Ignore
1511246751
Reply with quote  #2

1511246751
Report to moderator
1511246751
Hero Member
*
Offline Offline

Posts: 1511246751

View Profile Personal Message (Offline)

Ignore
1511246751
Reply with quote  #2

1511246751
Report to moderator
Join ICO Now Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Salmen
Legendary
*
Offline Offline

Activity: 933


View Profile WWW
November 07, 2017, 10:59:20 PM
 #2

First of all, make sure your Ledger Nano S is updated to the latest firmware for splitting coins.

Second, during the fork event, do not make any transaction on the network and wait a few days because of the missing replay-protection.

After the fork, you have to split your coins in the Ledger Chrome application or on a new transaction, it will not just execute it on the standard Bitcoin chain but also on the Segwitx2 chain that means you lose the coins on Segwitx2 chain.
However, you get a warning and an invitation for the split before doing a transaction.

More information will be posted on the Ledger Blog.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!