advice: extracting Bitcoin Cash safely

metalbean

full member

Activity: 448

Merit: 103

Hi ppl,

I am a paranoid please bear with me

I am planing to use Coinomi for the extract since it's on an entire new machine (handphone rather) which I did a clean factory resets.

1. Transfer my coins from Electrum to Trezor.
2. Look for private keys of used address in "Addresses > Change > Used"
3. Use "sweep wallet" options in Coinomi and input the private keys from Electrum
4. Wait for new BCC to appear

Sounds right guys and girls?

metalbean

full member

Activity: 448

Merit: 103

Quote from: KenR on August 08, 2017, 02:50:00 AM

Quote from: metalbean on August 08, 2017, 12:20:29 AM

Thanks man, while I love Google I am not a strong believer of Android when it comes to privacy and safety, too much permission can be invoke by the apps. Coinomi looks pretty neat though, wonder when iOS version will be out.

Me too but I wanted to send the coins to an exchange to rid off it asap so I used a friend's Android,Ios user here.Coinomi looks safe since they have stuff professionally organized on their website.Although I used it,I didn't keep my coins for more than a few hours.Once confirmed,I moved to Bittrex.If you look at it,it depends on what you wish to do with your coins.

I know I have an android phone lying around somewhere, maybe under the bed Wink

Thanks again.

KenR

hero member

Activity: 910

Merit: 1000

「きみはこれ&#

Quote from: metalbean on August 08, 2017, 12:20:29 AM

Thanks man, while I love Google I am not a strong believer of Android when it comes to privacy and safety, too much permission can be invoke by the apps. Coinomi looks pretty neat though, wonder when iOS version will be out.

Me too but I wanted to send the coins to an exchange to rid off it asap so I used a friend's Android,Ios user here.Coinomi looks safe since they have stuff professionally organized on their website.Although I used it,I didn't keep my coins for more than a few hours.Once confirmed,I moved to Bittrex.If you look at it,it depends on what you wish to do with your coins.

metalbean

full member

Activity: 448

Merit: 103

Quote from: KenR on August 08, 2017, 12:14:34 AM

Quote from: metalbean on August 07, 2017, 05:27:34 AM

Due to the continue unconfirmed identity of "Jonald Fyookball", which Electrum calls a "fake name".

https://bitcointalksearch.org/user/jonaldfyookball-261027

You can avoid the entire Electron Cash wallet drama and use one of the other online wallets to extract your BCC.I have done the same using Coinomi Android Client after emptying the wallets.Takes hardly 10 minutes.

Thanks man, while I love Google I am not a strong believer of Android when it comes to privacy and safety, too much permission can be invoke by the apps. Coinomi looks pretty neat though, wonder when iOS version will be out.

KenR

hero member

Activity: 910

Merit: 1000

「きみはこれ&#

Quote from: metalbean on August 07, 2017, 05:27:34 AM

Due to the continue unconfirmed identity of "Jonald Fyookball", which Electrum calls a "fake name".

https://bitcointalksearch.org/user/jonaldfyookball-261027

You can avoid the entire Electron Cash wallet drama and use one of the other online wallets to extract your BCC.I have done the same using Coinomi Android Client after emptying the wallets.Takes hardly 10 minutes.

metalbean

full member

Activity: 448

Merit: 103

Quote from: Hatcher on August 07, 2017, 01:07:40 PM

Quote from: BitcoinHodler on August 07, 2017, 05:33:10 AM

Quote from: metalbean on August 07, 2017, 05:27:34 AM

1. Move bitcoins in Electrum to my new Trezor. [1]
[1] Can someone confirm this will move only BTC, and not BCC, since the BCC blockchain has replay protection.

i can confirm it. BCC has replay protection and so far i have not heard any news of someone saying it went wrong.

Quote

3. Enter the seed/key of now empty old wallet in Electrum in Electron Cash. [2]
[2] Since the BTC have been moved to a new wallet, entering an old seed in Electron Cash will not put your BTC funds at risk, right?

this is correct.
although i would like to add a couple of things:
try installing Electron cash on a new computer (use a live linux or even a virtual machine) because it uses the same directories and imports all your wallets into its own directory and may mess things up.

also remember that if you wanted to come back to "electrum" with your bitcoins, make sure to make a new wallet with a new seed. don't use the old one anymore.

Yes, I know I can make my bitcoins safe from following these steps, but Electron Cash could just straight up steal my Bitcoin Cash which would also be very undesirable.

Has anyone actually used Electron Cash to send their BCH with no problems?

So far there isn't any major issues (or issues at all), but the anonymity of Electron Cash is not very convincing.

Is it possible for us to claim with Electron Cash, and then transfer the new Bitcoin Cash to an exchange (to sell it maybe) or even just keep it in a reputable exchange for now (for now, I trust exchange more than the unknown Electron Cash). That way we would be totally safe from any problem with Electron Cash client, right?

metalbean

full member

Activity: 448

Merit: 103

Quote from: BitcoinHodler on August 07, 2017, 05:33:10 AM

Quote from: metalbean on August 07, 2017, 05:27:34 AM

1. Move bitcoins in Electrum to my new Trezor. [1]
[1] Can someone confirm this will move only BTC, and not BCC, since the BCC blockchain has replay protection.

i can confirm it. BCC has replay protection and so far i have not heard any news of someone saying it went wrong.

Quote

3. Enter the seed/key of now empty old wallet in Electrum in Electron Cash. [2]
[2] Since the BTC have been moved to a new wallet, entering an old seed in Electron Cash will not put your BTC funds at risk, right?

this is correct.
although i would like to add a couple of things:
try installing Electron cash on a new computer (use a live linux or even a virtual machine) because it uses the same directories and imports all your wallets into its own directory and may mess things up.

also remember that if you wanted to come back to "electrum" with your bitcoins, make sure to make a new wallet with a new seed. don't use the old one anymore.

Thanks, that's useful

The second advice about "creating a new seed when you use a new wallet" in electrum. I gather that's because you need to input the old seed (from Electrum) when you do a claim in Electron Cash?

Hatcher

full member

Activity: 369

Merit: 111

Quote from: BitcoinHodler on August 07, 2017, 05:33:10 AM

Quote from: metalbean on August 07, 2017, 05:27:34 AM

1. Move bitcoins in Electrum to my new Trezor. [1]
[1] Can someone confirm this will move only BTC, and not BCC, since the BCC blockchain has replay protection.

i can confirm it. BCC has replay protection and so far i have not heard any news of someone saying it went wrong.

Quote

3. Enter the seed/key of now empty old wallet in Electrum in Electron Cash. [2]
[2] Since the BTC have been moved to a new wallet, entering an old seed in Electron Cash will not put your BTC funds at risk, right?

this is correct.
although i would like to add a couple of things:
try installing Electron cash on a new computer (use a live linux or even a virtual machine) because it uses the same directories and imports all your wallets into its own directory and may mess things up.

also remember that if you wanted to come back to "electrum" with your bitcoins, make sure to make a new wallet with a new seed. don't use the old one anymore.

Yes, I know I can make my bitcoins safe from following these steps, but Electron Cash could just straight up steal my Bitcoin Cash which would also be very undesirable.

Has anyone actually used Electron Cash to send their BCH with no problems?

BitcoinHodler

hero member

Activity: 1456

Merit: 579

HODLing is an art, not just a word...

Quote from: metalbean on August 07, 2017, 05:27:34 AM

1. Move bitcoins in Electrum to my new Trezor. [1]
[1] Can someone confirm this will move only BTC, and not BCC, since the BCC blockchain has replay protection.

i can confirm it. BCC has replay protection and so far i have not heard any news of someone saying it went wrong.

Quote

3. Enter the seed/key of now empty old wallet in Electrum in Electron Cash. [2]
[2] Since the BTC have been moved to a new wallet, entering an old seed in Electron Cash will not put your BTC funds at risk, right?

this is correct.
although i would like to add a couple of things:
try installing Electron cash on a new computer (use a live linux or even a virtual machine) because it uses the same directories and imports all your wallets into its own directory and may mess things up.

also remember that if you wanted to come back to "electrum" with your bitcoins, make sure to make a new wallet with a new seed. don't use the old one anymore.

metalbean

full member

Activity: 448

Merit: 103

Hi guys,

Due to the continue unconfirmed identity of "Jonald Fyookball", which Electrum calls a "fake name". There is also no way to confirm the authenticity of compiled Electron Cash client even though it is a fork from the original Electrum.

So I am taking the steps below:

1. Move bitcoins in Electrum to my new Trezor. [1]
2. Wait until funds are confirmed in the Trezor wallet.
3. Enter the seed/key of now empty old wallet in Electrum in Electron Cash. [2]

[1] Can someone confirm this will move only BTC, and not BCC, since the BCC blockchain has replay protection.

[2] Since the BTC have been moved to a new wallet, entering an old seed in Electron Cash will not put your BTC funds at risk, right?

Please advice.

Topic: advice: extracting Bitcoin Cash safely (Read 595 times)