How safe are my bitcoins? | Bitcointalksearch.org

HCP

legendary

Activity: 2086

Merit: 4363

Quote from: Boseda on November 26, 2017, 04:43:59 AM

Yet it is recommended to not use it on the same device you have Electrum (for BTC), because their directories might be in conflict.

I think you're thinking of the issues between Bitcoin Core and Bitcoin ABC... Where Bitcoin ABC defaults to installing and using the EXACT same directories as Bitcoin Core (including program install and data directories Undecided

)... However, ElectronCash uses completely different directory locations than Electrum. It is perfectly fine to run both on the same computer... you can even have them open at the same time.

There was a minor incident with the first release, where it would auto copy over Electrum wallets, but after a public outcry, the devs changed it so that it doesn't do that anymore.

Boseda

sr. member

Activity: 448

Merit: 250

Quote from: pesopesopeso on November 25, 2017, 12:45:19 PM

Hello!

I bought 0.5 bitcoin cash last week and used the electron cash wallet on my computer + litecoin with the litecoin electrum wallet.
Two days ago I installed electrum, created a wallet and transferred my bitcoins there. After this, i deleted all clients, tmp-data, wallet data and so on, printed my seed and scanned my computer for viruses and malware, nothing found.

Ive read in some threads that electron cash is not safe?
Like this: https://bitcointalksearch.org/topic/do-not-use-electron-cash-2059091
Is it possible that my electrum wallet files has been stolen?

I checked the checksum for each client, they are alright.

Are my bitcoins safe? Or should i create a new paper wallet?

Are there some hacks kown, where the wallet file / seed / privatekey on the computer has been deleted days before the theft?

Does hackers steal bitcoins immediately after they get the private key or does they often wait some days to get eventually more bitcoins?

Regards,
Peter

Yes, ElectronCash is a very safe wallet to store your Bitcoin Cash. Yet it is recommended to not use it on the same device you have Electrum (for BTC), because their directories might be in conflict.

For extra safety, I suggest you to write down the seed on a piece of paper and maybe try to memorize it in your own brain.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: pesopesopeso on November 25, 2017, 12:45:19 PM

I checked the checksum for each client, they are alright.

checking the checksums is not enough. you must verify the signature of the file versus the public key of the person releasing them.

also the issue with this way of releasing is that it is easily hackeable. i don't know what fyoki did this but he should have released his pubkey elsewhere not in same place as github. you put it on a key server and then only put the signatures on the repository.

for now use the pubkey https://github.com/fyookball/keys-n-hashes/blob/master/pubkeys/jonaldkey2.txt
and use it to verify the signature https://github.com/fyookball/keys-n-hashes/blob/master/sigs-and-sums/2.9.4/win-linux/Electron-Cash-2.9.4.exe.sig

just checking hashes is not safe.

Quote from: pesopesopeso on November 25, 2017, 12:45:19 PM

Are my bitcoins safe? Or should i create a new paper wallet?

they are probably safe. but if you want to be safe, you should always separate these things from each other and have them all in a cold storage (offline computer).
you can always use a live Linux (eg. running it from a DVD), restore your wallet from your seed that you have written on a paper, make your transactions then shut down and remove that DVD.

HCP

legendary

Activity: 2086

Merit: 4363

Quote from: pesopesopeso on November 25, 2017, 12:45:19 PM

Ive read in some threads that electron cash is not safe?
Like this: https://bitcointalksearch.org/topic/do-not-use-electron-cash-2059091

"Don't believe everything you read on the Internet"
-- Abraham Lincoln

Did you even read ANYTHING after the first post in that read? If you did, you'll notice that it was just a minor issue with ElectronCash connecting to BTC servers and displaying the incorrect transactions.

To the best of my knowledge... No one who downloaded the "official" ElectronCash (https://electroncash.org/#download) has lost either BTC or BCH because of something that ElectronCash has done. It has been around now for almost 4 months... if it truly WAS untrustworthy... we'd know about it by now.

Usually it is because they've downloaded a scam version of the software from a copycat scam site... or they have been careless with private keys or seeds... or have had malware/keyloggers present on their system.

I've been using ElectronCash since it came out at the time of the fork... all my BTC and BCH are safe.

pesopesopeso

newbie

Activity: 1

Merit: 0

Hello!

I bought 0.5 bitcoin cash last week and used the electron cash wallet on my computer + litecoin with the litecoin electrum wallet.
Two days ago I installed electrum, created a wallet and transferred my bitcoins there. After this, i deleted all clients, tmp-data, wallet data and so on, printed my seed and scanned my computer for viruses and malware, nothing found.

Ive read in some threads that electron cash is not safe?
Like this: https://bitcointalksearch.org/topic/do-not-use-electron-cash-2059091
Is it possible that my electrum wallet files has been stolen?

I checked the checksum for each client, they are alright.

Are my bitcoins safe? Or should i create a new paper wallet?

Are there some hacks kown, where the wallet file / seed / privatekey on the computer has been deleted days before the theft?

Does hackers steal bitcoins immediately after they get the private key or does they often wait some days to get eventually more bitcoins?

Regards,
Peter

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