Pages:
Author

Topic: How many BTC has been stolen with Electrum cash? (Read 2001 times)

sr. member
Activity: 1400
Merit: 259
Are you referring to the one who copied the website of Electrum? Never heard about that.
I only knew the one who copied the website of myetherwallet but now they have a warning in their true website. It is really helpful because you can now double check if you are in the right website before making a wallet.
hero member
Activity: 686
Merit: 500
Electrum cash will copy all your Electrum and then steel your BTC.
BCC made with people that wants your BTC.
Any news in media for number of victims?
I heard 1 million BTC has been stolen utill now because of BCC.

Don't trust to cash and any BCC wallets.
I don't even... What...?
Electron cash does no such thing, it's an Electrum fork for Bitcoin cash and it's open source.
What are you even talking about? There are no such victims whatsoever because what you said is utterly wrong and untrue.
Where exactly did you "heard" this?
No.Its true.First,they kept the name as electrum cash wallet and then after criticism,they just changed the name as electron cash.I read a post written by a person who said that he had almost lost around 40 BTC by sending them to this wallet.I don't know how many more victims are there.He had mstakenly downloaded wallet from a fake website instead of downloading it from the official website Electrum.org.
full member
Activity: 191
Merit: 100
a good reason to buy a good hardware wallet like trezor not to get scammed in the future
sr. member
Activity: 322
Merit: 253
Property1of1OU
Electron Cash don't steal anything...

The original Electron Cash (www.electroncash.org) didn't steal anything. But there is a fake website with almost the same URL (http://www.electroncash.net/), and some of the users reported that this website steals both your BTC and BCH.

Smells like a regular phishing ... still effective thought ... if people can hack presidencial candidates emails just changing one character ...

ed; grammar err   
sr. member
Activity: 322
Merit: 253
Property1of1OU
I've used Electron Cash and not lost 1 BTC.

Congrats , can give me the process to claim BCC through Electron Cash as still i have to claim my btc stored in electrum wallet but due to fear of hacking seed key i am not claiming BCC.

Here's the process I followed in summary:

1. Send BTC to a different wallet.
2. Install Electron Cash (version 2.9.2) - do checksum before you install so you know it's legit
2.1 Point Network to follow server: electroncash.cascharia.com on port 50002
2.2 Entered a new name to create a new wallet.
2.3 Choose "Standard wallet".
2.4 Choose "I already have a seed".
2.5 Entered seed of my original (BTC) wallet.
2.6 Choose "Disable" (2FA).
2.7 Sent BCH to Gatecoin BCH address
2.8 Sold BCH for BTC

That is what I did with one of my wallets ... I just export the private keys from Core Wallet

https://bitcoin.stackexchange.com/questions/4203/how-can-i-export-the-private-key-for-an-address-from-the-satoshi-client

Then Imported to one of the SPV[1] wallets listed at

https://www.bitcoincash.org/

[1] I'm a regular Joe ... I don't have space to download another full blockchain file

ed; change SVP;SPV  Roll Eyes
sr. member
Activity: 1988
Merit: 453
Electron Cash don't steal anything...

The original Electron Cash (www.electroncash.org) didn't steal anything. But there is a fake website with almost the same URL (http://www.electroncash.net/), and some of the users reported that this website steals both your BTC and BCH.
legendary
Activity: 3080
Merit: 1353
Electrum cash will copy all your Electrum and then steel your BTC.
BCC made with people that wants your BTC.
Any news in media for number of victims?
I heard 1 million BTC has been stolen utill now because of BCC.

Don't trust to cash and any BCC wallets.

If someone steals from you, its your own fault. There are multitude of advise here from members on how to claim your BCC using Electron Cash. If you don't follow this steps carefully and suddenly lost your bitcoin then nothing to blame but yourself. Or you thought you have the legit Electron cash and claim your BCC then at the end someone stole your BTC, again its your complete stupidity that made you lost your coins. And even Electrum didn't endorsed it in the first place. But even if they didn't, they have put enough information on their website on how to claim your free BCC.
sr. member
Activity: 378
Merit: 260
Bitcoin SV is Bitcoin
Electron Cash don't steal anything...
sr. member
Activity: 520
Merit: 260
I've used Electron Cash and not lost 1 BTC.

Congrats , can give me the process to claim BCC through Electron Cash as still i have to claim my btc stored in electrum wallet but due to fear of hacking seed key i am not claiming BCC.

Here's the process I followed in summary:

1. Send BTC to a different wallet.
2. Install Electron Cash (version 2.9.2) - do checksum before you install so you know it's legit
2.1 Point Network to follow server: electroncash.cascharia.com on port 50002
2.2 Entered a new name to create a new wallet.
2.3 Choose "Standard wallet".
2.4 Choose "I already have a seed".
2.5 Entered seed of my original (BTC) wallet.
2.6 Choose "Disable" (2FA).
2.7 Sent BCH to Gatecoin BCH address
2.8 Sold BCH for BTC

Thank you very much for the details, but you are telling to sent BCH to Gatecoins (what is this address) and telling me to sell it but i want to hold it for long as i think that its future is very bright if till August 15 their is no split in chain and other miner also start to work on it.

So split it and send it to a BCH address. I only sold a portion so if it fails I got some free BTC out of it, and if it rises then I've still got my hodlings.


That is what many are considering to do I guess. Sell 50%, keep 50% to see where it goes. That way, BCH ends up with quite a sizeable group that is hodling.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
I've used Electron Cash and not lost 1 BTC.

Congrats , can give me the process to claim BCC through Electron Cash as still i have to claim my btc stored in electrum wallet but due to fear of hacking seed key i am not claiming BCC.

Here's the process I followed in summary:

1. Send BTC to a different wallet.
2. Install Electron Cash (version 2.9.2) - do checksum before you install so you know it's legit
2.1 Point Network to follow server: electroncash.cascharia.com on port 50002
2.2 Entered a new name to create a new wallet.
2.3 Choose "Standard wallet".
2.4 Choose "I already have a seed".
2.5 Entered seed of my original (BTC) wallet.
2.6 Choose "Disable" (2FA).
2.7 Sent BCH to Gatecoin BCH address
2.8 Sold BCH for BTC

Thank you very much for the details, but you are telling to sent BCH to Gatecoins (what is this address) and telling me to sell it but i want to hold it for long as i think that its future is very bright if till August 15 their is no split in chain and other miner also start to work on it.

So split it and send it to a BCH address. I only sold a portion so if it fails I got some free BTC out of it, and if it rises then I've still got my hodlings.

https://gatecoin.com

hero member
Activity: 868
Merit: 535
So far there hasn't been any reports yet that electron cash has stolen bitcoins. I think the reason why people are getting paranoid and asking these questions is that since Electrum denounce electron cash and left a warning that it could possibly steal your bitcoins, that resulted to this FUD. Well, we can't review its source code since it is not open source, that is another fear. Personally, I would just go use the bitcoinABC wallet, though you have to download the whole blockchain.
legendary
Activity: 1190
Merit: 1002
I've used Electron Cash and not lost 1 BTC.

Congrats , can give me the process to claim BCC through Electron Cash as still i have to claim my btc stored in electrum wallet but due to fear of hacking seed key i am not claiming BCC.

Here's the process I followed in summary:

1. Send BTC to a different wallet.
2. Install Electron Cash (version 2.9.2) - do checksum before you install so you know it's legit
2.1 Point Network to follow server: electroncash.cascharia.com on port 50002
2.2 Entered a new name to create a new wallet.
2.3 Choose "Standard wallet".
2.4 Choose "I already have a seed".
2.5 Entered seed of my original (BTC) wallet.
2.6 Choose "Disable" (2FA).
2.7 Sent BCH to Gatecoin BCH address
2.8 Sold BCH for BTC

Thank you very much for the details, but you are telling to sent BCH to Gatecoins (what is this address) and telling me to sell it but i want to hold it for long as i think that its future is very bright if till August 15 their is no split in chain and other miner also start to work on it.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
It is Electron Cash and not Electrum Cash. It is just a fork of the official Electrum wallet and let's you import your private keys from Electrum to Electron Cash to give you same number of BCC as you have in BTC. That's it. No one has lost a single penny as far as we all know here. Stop spreading FUD and misinforming people.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
I've used Electron Cash and not lost 1 BTC.

Congrats , can give me the process to claim BCC through Electron Cash as still i have to claim my btc stored in electrum wallet but due to fear of hacking seed key i am not claiming BCC.

Here's the process I followed in summary:

1. Send BTC to a different wallet.
2. Install Electron Cash (version 2.9.2) - do checksum before you install so you know it's legit
2.1 Point Network to follow server: electroncash.cascharia.com on port 50002
2.2 Entered a new name to create a new wallet.
2.3 Choose "Standard wallet".
2.4 Choose "I already have a seed".
2.5 Entered seed of my original (BTC) wallet.
2.6 Choose "Disable" (2FA).
2.7 Sent BCH to Gatecoin BCH address
2.8 Sold BCH for BTC
legendary
Activity: 1258
Merit: 1001
Electron cash works fine. What's "electrum cash"?

That is where the problem lies.

It was not electrum cash. No such thing from the company Electrum LLC.

It was electron cash.

The ones who put out this electrum cash relied on those not in the know to not know or was not informed properly about the wallet in question.

Those who distributed electrum cash saw the opportunity and exploited it.
Knowing that people tend to overlook the subtlety differences in the names.
Although very noticeable by those who are use to this bitcoin wallet and know what to look out for in the names also the website where they offer their products line.

I can see the ones who are in rush and in doing so tend to over look the obvious.
When it is just there staring them right in the face.
Electrum is not Electron.
In which Electrum LLC clearly states on their website they are directing those who want to claim this version of bitcoin to go use the electron wallet.
Nowhere do they mention anything of electrum cash as can be seen here:
Statement about Bitcoin Cash: https://electrum.org/bcc.txt
and here:
Recommendation on how to redeem Bitcoin Cash: https://electrum.org/bcc2.txt

Straight from the Electrum website in regards to bitcoin cash and any involvement with this version of bitcoin.
legendary
Activity: 1190
Merit: 1002
I've used Electron Cash and not lost 1 BTC.

Congrats , can give me the process to claim BCC through Electron Cash as still i have to claim my btc stored in electrum wallet but due to fear of hacking seed key i am not claiming BCC.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
I've used Electron Cash and not lost 1 BTC.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Some users reported that they lose their bitcoin because they wanted send bitcoin cash, but the wallet connect to bitcoin nodes instead. I think that's developer fault since they still add bitcoin nodes to Electron Cash server list, they could only add bitcoin cash nodes to server list.
There is no reports from users who lost bitcoin by downloading the the right electron wallet,they either downloaded a fake exe file which stole their coins,if you are still having doubts about the users who signed the binary code for electron cash,you could use a separate system which does not have any bitcoin wallets installed and move your coins,because if you open electron cash and electrum wallet all the wallets will be copied to electron cash which might pose a security risk,always play safe when it comes to digital assets.
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
1.  The developers of Bitcoin Cash do not have to be the same people as the developers of Electron cash (not Electrum Cash).

2.  Even though Bitcoin Cash is showing the Electron Cash wallet on their website, that does not necessarily mean that they endorse everything that they do in the future, just that they believe it's an acceptable wallet to use for now.

3.  I'm fairly sure that there's no way of telling how much BCH has been stored in Electron Cash wallets.

4.  Electron Cash has not been stealing.  Electrum's binaries are signed with the pseudonym Jonald Fyookball (jonald_fyookball is a user on this forum).  Electrum's concern was that as they are not signed by a real person, they could use malware and not be responsible.  However, this has not happened yet and seems moderately unlikely.
hero member
Activity: 1694
Merit: 541
If people are not careful on what they download and use then you will end up loosing your assets and with the new fork there are many scammers who are trying to rip people off and that is what is happening right now and there is no involvement of BCH or BTC ,so be careful on what you download and make sure the sources are genuine.
Pages:
Jump to: