Apparently Electrum is safe enough, there's only a tiny amount of possibility of risk due its SPV nature, so if you want to be safe, you know you must resort to a full node, but if you don't have that much money invested in Bitcoin, keep it on Electrum and use an exchange (since you will not be able to move them into the Bitcoin Cash client).
Kraken should be safe. I wouldn't never trust ViaBTC. But if you just want to quickly jump, any exchange should do the job. Get in and out quickly and don't gamble with your coins leaving them on exchanges waiting for the perfect price.
Topic: Electrum for 1st august (Read 971 times)
be aware, team of electrum BCH isnt team of electrum
no audit of the code.. use at own risk.. remember and open mind
no audit of the code.. use at own risk.. remember and open mind
what should users of electrum wallet do to safely split the coins after the fork? i am worried about things like replay and the possibility of transacting on both chains when you send on one of them
BCC has replay protection so you don't need to worry about spending them on both chains.
Check out the documentation written at https://electrum.org/bcc.txt which tells you what you would need to do.
can use official client bitcoin abc
yes .. you need to download ALL BLOCKCHAIN.. a very pain in the ass
but is safe
:-(
yes .. you need to download ALL BLOCKCHAIN.. a very pain in the ass
but is safe
:-(
be aware, team of electrum BCH isnt team of electrum
no audit of the code.. use at own risk.. remember and open mind
no audit of the code.. use at own risk.. remember and open mind
what should users of electrum wallet do to safely split the coins after the fork? i am worried about things like replay and the possibility of transacting on both chains when you send on one of them
be aware, team of electrum BCH isnt team of electrum
no audit of the code.. use at own risk.. remember and open mind
no audit of the code.. use at own risk.. remember and open mind
I have been lost many money in bitcoin industry but i wouldn't lose any more. I am using Electrum for bitcoin. will i able spend my coins in both chains after fork?
Im not sure. I think you should be able to import the seed in the other chain somehow. There's an Electrum Cash software client but according to the Electrum statement made on their site, it is not officially endorsed by them:
https://electrum.org/bcc.txt
Honestly and just to be safe, if you want to spend your BCC, get a Core full node, then get a BCC full node from bitcoincash.org.
Every other method is risky to me and I wouldn't bother. You must set this up before august 1st so you must download the blockchain quickly tho..
Yes, it's definitely too late for most people now. The only way out I see is to ask someone with a great internet connection to upload the entire blockchain in a Mega link, then you would be able to download it at full speed (Mega is really fast), but then again, you would need to validate the entire blockchain... it's a mess to be honest.
I guess what i would do is to get a paper wallet and put all of the coins together there, then once the split happens, sort them accordingly.
Hopefully there will also be some light wallets that could be used with BCC for people that want to claim theirs without downloading the entire blockchain.
I have been lost many money in bitcoin industry but i wouldn't lose any more. I am using Electrum for bitcoin. will i able spend my coins in both chains after fork?
Im not sure. I think you should be able to import the seed in the other chain somehow. There's an Electrum Cash software client but according to the Electrum statement made on their site, it is not officially endorsed by them:
https://electrum.org/bcc.txt
Honestly and just to be safe, if you want to spend your BCC, get a Core full node, then get a BCC full node from bitcoincash.org.
Every other method is risky to me and I wouldn't bother. You must set this up before august 1st so you must download the blockchain quickly tho..
Yes, it's definitely too late for most people now. The only way out I see is to ask someone with a great internet connection to upload the entire blockchain in a Mega link, then you would be able to download it at full speed (Mega is really fast), but then again, you would need to validate the entire blockchain... it's a mess to be honest.
I guess what i would do is to get a paper wallet and put all of the coins together there, then once the split happens, sort them accordingly.
Yes! you will be able to do so. However, there are few considerations. It would be better if you can take a look at the content here https://electrum.org/bcc.txt
Should not take more than 10 minutes.
Should not take more than 10 minutes.
I have been lost many money in bitcoin industry but i wouldn't lose any more. I am using Electrum for bitcoin. will i able spend my coins in both chains after fork?
Of course you can get both. Electrum is one of the best wallets that accepts the division of bitcoin, so you can be assured of using it, it's very safe.
I have been lost many money in bitcoin industry but i wouldn't lose any more. I am using Electrum for bitcoin. will i able spend my coins in both chains after fork?
Im not sure. I think you should be able to import the seed in the other chain somehow. There's an Electrum Cash software client but according to the Electrum statement made on their site, it is not officially endorsed by them:
https://electrum.org/bcc.txt
Honestly and just to be safe, if you want to spend your BCC, get a Core full node, then get a BCC full node from bitcoincash.org.
Every other method is risky to me and I wouldn't bother. You must set this up before august 1st so you must download the blockchain quickly tho..
I have been lost many money in bitcoin industry but i wouldn't lose any more. I am using Electrum for bitcoin. will i able spend my coins in both chains after fork?
Im not sure. I think you should be able to import the seed in the other chain somehow. There's an Electrum Cash software client but according to the Electrum statement made on their site, it is not officially endorsed by them:
https://electrum.org/bcc.txt
Honestly and just to be safe, if you want to spend your BCC, get a Core full node, then get a BCC full node from bitcoincash.org.
Every other method is risky to me and I wouldn't bother. You must set this up before august 1st so you must download the blockchain quickly tho..
Of course, it don't depends of the place where you store your btc if you have the private keys or the seed
I have been lost many money in bitcoin industry but i wouldn't lose any more. I am using Electrum for bitcoin. will i able spend my coins in both chains after fork?
Im not sure. I think you should be able to import the seed in the other chain somehow. There's an Electrum Cash software client but according to the Electrum statement made on their site, it is not officially endorsed by them:
https://electrum.org/bcc.txt
Honestly and just to be safe, if you want to spend your BCC, get a Core full node, then get a BCC full node from bitcoincash.org.
Every other method is risky to me and I wouldn't bother. You must set this up before august 1st so you must download the blockchain quickly tho..
I have been lost many money in bitcoin industry but i wouldn't lose any more. I am using Electrum for bitcoin. will i able spend my coins in both chains after fork?
Restricted time guys. i just have a little time for moving my coin to bitcoin core client. answer quickly
I have been lost many money in bitcoin industry but i wouldn't lose any more. I am using Electrum for bitcoin. will i able spend my coins in both chains after fork?
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