Topic: Aug 1 summary - page 35. (Read 96452 times)

No. So far, Coinbase has decided not to credit any of its users with BCH. They have made this explicitly clear before the fork occurred, and recommended that you transfer out your coins if you want BCH.

Thanks for this summary!

Can coinbase decide to observe the split still? Or a coinbase wallet holders just out of luck for bitcoin cash?

First learn how Bitcoin actually works.

What is a wallet? A wallet is a collection of key pairs. If you have BTC on multiple addresses, then we are talking about multiple private keys. If all your Bitcoin are on a single address, then you only need the private key of that address.

You don't have to trust Bitcoin Core. You can review the whole code yourself, compile and build the wallet. Alternatively, you are not just "trusting" Core, but every single person that has ever reviewed that code.

You're welcome.

Thanks! I appreciate your help!

Thanks for all updates, everything was very clear.

many thanks for your write-up theymos...i hope you don't mind if i ask.... If i use my broker wallet to do the first transfere of existing funds and then a thin clinet on my main machine, uninstalling the client afterwards because i prefer paperwallets, would that be ok assuming the broker was ok....

In the thin client section 4 you mention importing your "private keys". If i only had one wallet and only intended to send it to one wallet would your "private keys" read just "private key" . I've only got one wallet and only intend to send it to one wallet (very small amount)

i would really prefer to use core because i only have to trust core, im in the process of installing it...

May i also ask... Once core is installed i would like to spllt my note into smaller wallets for the kids. I get making secure paper wallets and replacing my brokers wallet, but im stuck on the wallet may only be used once bit. How do i split it into smalls if i can only use it for one transaction...  i havnt seen the core interface yet, im just really hoping in the send section there is a little plus to add more address's and im really hoping the 'can use wallet only once' should be "should really only use wallet only once because after that the key is ecposed", or is the "only once" really mean only one instance, yep, hangin to see core...

Load up your Bitcoin Core wallet into Bitcoin Core. Move your coins to new addresses. Export the private keys of the addresses that previously held the coin. Import them into a BCH client. Done.

Read before posting. There is no reason not to have "the real Bitcoin".

Quite a lot. Apparently they based their code on Bitcoin Core 0.14.x but stripped out Segwit. However, they intentionally obfuscated the changes and if you compare the repositories you are going to see a lot of changed code. This makes it very hard to review what they did, thus I wouldn't trust their wallet(s).

nothing much, it's the same and legit and BTC gave birth to Bitcoincash which is something like another alt shit coin.. as simple as that i understood 

Thanks a lot for the tutorial, very useful and informative. Thankfully I've been OK in the transition, hope others have been as fortunate!

so can anyone explain what changed in BTC code? 

i joining in in this question

Savvy insight, this really makes a difference in our virtual economic safety.

good god, no offense buddy, but you have no business being in crypto, I hope to hell you don't have any money you actually need in it

If a lot more people had left a lot more coins on exchanges, I would expect the price to be much lower.

At this point it's very possible that a few rich BCC proponents are buying everything on all the exchanges to pump their baby.

Thanks senior for the update but there is something I really don't understand concerning the forks and I do like to ask. Do we still have the real bitcoin, if yes which exchange or wallet still use it and is BCC/BCH an altcoin?

So if you left coins in bittrex instead of putting them in your core wallet   you could be trading them as i type.

i now have 8.07 coins in a core wallet  which means i have 8 + 8

or  8 x 2700 + 8 x 1000 but that 8000 is frozen  for a bit.

so even six now is not secure? is this because of still the possibility of the fork up to the 10th of this month?

I see that you know many things but maybe you can just instruct me? What should I do?

Any exchange accepting deposits yet ?
Seems Bittrex and Kraken not ready yet, and only trade BCH already in place.

More confirmations = more safety. The BCH chain will be susceptible to *easy* 51% attacks when the difficulty drops.