to split the network is done by avoiding the consensus mechanism of 2 opposing rules
this is don by banning/ignoring/blacklisting the opposition nodes thus not even getting the oppositions data to orphan and thus strengthening the survival opposing rules without the consensus orphan drama causing issues.
its not simply having one network of opposing rules as that just going to cause orphan drama and services needing to wait further confirms to wait out the drama.
it actually needs the oppositions to avoid each other via banning nodes/blacklisting. which ethereum does by --oppose-dao-fork.
ethereum did not split simply by changing rules. they added in the -oppose-dao-fork code to discommunicate with opposing nodes
Topic: how to split forked coins (Read 587 times)
You dont have to worry of any splits cause it's not gonna happen if you're read and research a lot about bitcoin scaling, Bip91, Bip148 then you will know that no hard fork will occur or any split bullshit of bitcoins. The bitcoin hardfork group or roger/ jihan plans will not gonna happen because segwit is already lock in there will be only 1 bitcoin in other words you dont need to worry on how to update and split your coins. Just import your bitcoin private keys in a safe storage you can use hardware wallets just to be sure.
Thanks for this chart. I have been looking for something like this to explain the different scenarios to people for August 1st. To be honest, a lot of it still goes right over my head. Been using bitcoin for a number of years, but the technical side just seriously blows right by me with very little understanding of it
https://freedomnode.com/blog/79/how-to-prevent-replay-attack-by-splitting-coins-in-the-event-of-a-bitcoin-chain-split
Ultimately you would need to
Or you can try to split your coins using the Electrum wallet without having to double-check with a full node:
http://docs.electrum.org/en/latest/hardfork.html
Thanks for the links. Ultimately you would need to
Quote
run a full Bitcoin node to make sure you are on the right chain.
Or you can try to split your coins using the Electrum wallet without having to double-check with a full node:
http://docs.electrum.org/en/latest/hardfork.html
For the image shared thank you because the diagram shows the process of possible hard fork very clearly and it's good for people like me. From the very beginning of this split talks, I couldn't understand the process, but now I got it.
For the wallets, I don't really know what to do. We can wake up and see bitcoin was splitted but there is no two type of bitcoin in our wallet.
For the wallets, I don't really know what to do. We can wake up and see bitcoin was splitted but there is no two type of bitcoin in our wallet.
~snip~
What worries me is this scenario:
1. I store my coins locally, with control of my own private keys.
2. The chain forks.
3. I can't find a wallet that splits coins.
4. I find an exchange that splits coins, but it turns out that you had to have your coins on the exchange before the fork; they can't or won't split coins sent to them after the fork, even if the coins are older than the fork, for technical reasons or otherwise.
I see no discussion of these challenges. Have you considered the problem?
[img]https://pbs.twimg.com/media/DFLCp_oUAAAqqTf.jpg:large
What worries me is this scenario:
1. I store my coins locally, with control of my own private keys.
2. The chain forks.
3. I can't find a wallet that splits coins.
4. I find an exchange that splits coins, but it turns out that you had to have your coins on the exchange before the fork; they can't or won't split coins sent to them after the fork, even if the coins are older than the fork, for technical reasons or otherwise.
I see no discussion of these challenges. Have you considered the problem?
[img]https://pbs.twimg.com/media/DFLCp_oUAAAqqTf.jpg:large
There will be no split anymore dude, segwit is going in, that's all, no more BIP148, no more UASF, no more bullshit, just segwit and 1 coin.
Now, if Jihan and Roger really decide to fork bitcoin into BCC (Bitcoin ABC/Bitcoin Cash which is the same as far as I know) then by august 1st, keep your coins in your wallet, and if you have 1 BTC you will recieve 1 BCC. To get that 1 BCC, im not sure how it works, you load the same wallet.dat in the other chain and recieve the coins in the same address? I don't know. Just dump that 1 BCC for free BTC because it's going nowhere.
I agree with BillyBobZorton, since BIP91 has been locked-in, miners signaling on bit 1 has been increased significantly.
Bip148 is pointless anymore due to miners won't risk their bitcoin to cause chain split.
If something goes wrong, as long as you keep private keys, then you should be fine.
Where to import your private keys? Don't worry, every wallet platform will upgrade their nodes to support the most/major coins according to miners choice. I will recommend for electrum wallet, they've various features and always upgrade their wallet systems.
https://bitcointalksearch.org/topic/bitcoin-q-and-a-last-and-new-qs-2007635
https://bitcointalksearch.org/topic/segwit-it-fail-try-to-prevent-bitcoin-classic-of-2014-existince-2018878
https://bitcointalksearch.org/topic/segwit-it-fail-try-to-prevent-bitcoin-classic-of-2014-existince-2018878
Quote
use bitcoin-core of 2014 https://github.com/bitcoin/bitcoin/releases/tag/v0.9.1
And wait until everything will clears up.
And wait until everything will clears up.
https://freedomnode.com/blog/79/how-to-prevent-replay-attack-by-splitting-coins-in-the-event-of-a-bitcoin-chain-split
Ultimately you would need to
Or you can try to split your coins using the Electrum wallet without having to double-check with a full node:
http://docs.electrum.org/en/latest/hardfork.html
Ultimately you would need to
Quote
run a full Bitcoin node to make sure you are on the right chain.
Or you can try to split your coins using the Electrum wallet without having to double-check with a full node:
http://docs.electrum.org/en/latest/hardfork.html
To make that work, one needs a blockchain of many Gigs (whatever it is now). Downloaded through wifi. In a rural area served only by copper lines.
Not gonna work.
Not gonna work.
Well, thought luck for you then. And to imagine that big blockers want to make it even harder for people like you lol.
I just don't see any other way to get your split in a safe way. Trusting some exchange into sorting the split properly is just dumb. Always be skeptic about exchanges.
Honestly, you need to get your shit together if you want to be in Bitcoin you need to be able to run a full node, or else you are someone's else bitch.
To make that work, one needs a blockchain of many Gigs (whatever it is now). Downloaded through wifi. In a rural area served only by copper lines.
Not gonna work.
Even if I drove an hour and a half to the local university for a halfway decent connection, and sat in the library using the wifi, it would take forever.
That's why I'm asking for people who have given serious thought to a practical solution of how to split coins. Something realistic. I get it, you answered how it works for you.
Most people don't have the blockchain already synced.
Not gonna work.
Even if I drove an hour and a half to the local university for a halfway decent connection, and sat in the library using the wifi, it would take forever.
That's why I'm asking for people who have given serious thought to a practical solution of how to split coins. Something realistic. I get it, you answered how it works for you.
Most people don't have the blockchain already synced.
If bitcoin forks, then how do you split your coins?
If you have the private keys in your control, you would need to import the keys into a wallet that's designed to split coins.
What wallet is that? I haven't heard of one. By the way, I use a mobile wallet. Like a lot of bitcoin users (probably most, actually) I don't sync the Bitcoin blockchain(s!) on my computer.
Otherwise, you would have to find an exchange that splits keys.
What worries me is this scenario:
1. I store my coins locally, with control of my own private keys.
2. The chain forks.
3. I can't find a wallet that splits coins.
4. I find an exchange that splits coins, but it turns out that you had to have your coins on the exchange before the fork; they can't or won't split coins sent to them after the fork, even if the coins are older than the fork, for technical reasons or otherwise.
I see no discussion of these challenges. Have you considered the problem?
If you have the private keys in your control, you would need to import the keys into a wallet that's designed to split coins.
What wallet is that? I haven't heard of one. By the way, I use a mobile wallet. Like a lot of bitcoin users (probably most, actually) I don't sync the Bitcoin blockchain(s!) on my computer.
Otherwise, you would have to find an exchange that splits keys.
What worries me is this scenario:
1. I store my coins locally, with control of my own private keys.
2. The chain forks.
3. I can't find a wallet that splits coins.
4. I find an exchange that splits coins, but it turns out that you had to have your coins on the exchange before the fork; they can't or won't split coins sent to them after the fork, even if the coins are older than the fork, for technical reasons or otherwise.
I see no discussion of these challenges. Have you considered the problem?
There will be no split anymore dude, segwit is going in, that's all, no more BIP148, no more UASF, no more bullshit, just segwit and 1 coin.
Now, if Jihan and Roger really decide to fork bitcoin into BCC (Bitcoin ABC/Bitcoin Cash which is the same as far as I know) then by august 1st, keep your coins in your wallet, and if you have 1 BTC you will recieve 1 BCC. To get that 1 BCC, im not sure how it works, you load the same wallet.dat in the other chain and recieve the coins in the same address? I don't know. Just dump that 1 BCC for free BTC because it's going nowhere.
If bitcoin forks, then how do you split your coins?
If you have the private keys in your control, you would need to import the keys into a wallet that's designed to split coins.
What wallet is that? I haven't heard of one. By the way, I use a mobile wallet. Like a lot of bitcoin users (probably most, actually) I don't sync the Bitcoin blockchain(s!) on my computer.
Otherwise, you would have to find an exchange that splits keys.
What worries me is this scenario:
1. I store my coins locally, with control of my own private keys.
2. The chain forks.
3. I can't find a wallet that splits coins.
4. I find an exchange that splits coins, but it turns out that the exchange had to have your coins before the fork; they can't split coins sent to them after the fork.
I see no discussion of these challenges. Have you considered the problem?
If you have the private keys in your control, you would need to import the keys into a wallet that's designed to split coins.
What wallet is that? I haven't heard of one. By the way, I use a mobile wallet. Like a lot of bitcoin users (probably most, actually) I don't sync the Bitcoin blockchain(s!) on my computer.
Otherwise, you would have to find an exchange that splits keys.
What worries me is this scenario:
1. I store my coins locally, with control of my own private keys.
2. The chain forks.
3. I can't find a wallet that splits coins.
4. I find an exchange that splits coins, but it turns out that the exchange had to have your coins before the fork; they can't split coins sent to them after the fork.
I see no discussion of these challenges. Have you considered the problem?
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