Make sure not to lose your BTC transacting BTCgold!Learn about replay protection

bohr

sr. member

Activity: 994

Merit: 257

Quote from: crazyivan on October 23, 2017, 01:33:12 AM

Hey people,

as it seems, one day before BTCgold fork, they have not yet successfuly deal with replay protection issue. As far as I see, they still offer bounty for someone to implement it for them.

THIS IS VERY DANGEROUS and could lead to losing your BTC if you do get BTCgold and transact it. Please get informed about the risk of this shitty fork so you do not end up losing your coins!

Here is a bit of info about this related to the previous fork.

https://themerkle.com/what-is-a-bitcoin-replay-attack/

Not to mention huge premine they have. BTCgold is obviously nothing but a scam. I m really surprised people get hooked into this kind of shit every time.

https://cointelegraph.com/news/bittrex-issues-official-statement-about-bitcoin-gold-warns-users

Thanks for the info I was under the impression they had implemented that already, since I read statements about that, but it seems it was nothing but lies, this is extremely unprofessional and it is only going to make people to distrust this coin even more, most of the time I do not mind forks not only in crypto but in open source but this is outrageous.

bitart

hero member

Activity: 1442

Merit: 629

Vires in Numeris

The fork has happened some days ago, but I'm still not sure that it's safe to move anything from the wallets, so I'm waiting for a bit more, I'm not in a hurry. If someone has BTG from the exchange as above has been mentioned, (lack of) the replay protection is not a problem for him. But as I have moved all my coins from the exchanges to hardware wallets, I'm not 100% sure that I want to start to transact yet. I'm just following the news and if it turns out that everything is fine, I'll be happy to have a look at the possibilities of getting the BTGs for myself. If I lose some of the possbile profit on the exchange rate (selling BTG for BTC) because I'm cautious, I don't really care. Better safe than sorry

pat4cryptoreal

full member

Activity: 630

Merit: 102

Most people got their bitcoingold in those exchangers that supported the fork so owning the private key to your bitcoin wallet in those exchangers will be out of place. But it is just to be careful while trading.

cynical

full member

Activity: 490

Merit: 136

I think so yes.
if you use 2 BTC wallets the wallet where the BTC originated from will be empty because the BTC has been moved and the BTG is linked to the keys from the empty wallet
That is my understanding and i am open to being corrected

wallacedf

newbie

Activity: 2

Merit: 0

Quote from: wiggi on October 23, 2017, 02:18:37 PM

Quote from: TheGodson on October 23, 2017, 05:30:34 AM

Wait, whoa whoa whoa. If I move my BTC I'm fine right? If I understand this correctly it goes:

If I move my BTC I could lose BTG, but my BTC is safe.

If I move my BTG I could lose BTC, but my BTG is safe.

This would mean it is most important not to touch BTG correct?

If BTC is moved first, to an address that you control (e.g. other address in same wallet),
then both should be safe.

In the worst case, the BTG has moved together with BTC due to lack of replay protection. Waste of fee but you still own both.

I've been trying ot understand one thing. Could someone please try to explain me?

1. Let's say a move all my BTCs to a brand new wallet.
2. The transaction is confirmed and I can see my BTCs on the new wallet.
3. I import my private keys into a wallet which supports BTG and I see that my BTGs are there, i.e, they haven't been replayed.

Is that enough to say that my coins were successfully split?

wiggi

sr. member

Activity: 403

Merit: 251

Quote from: TheGodson on October 23, 2017, 05:30:34 AM

Wait, whoa whoa whoa. If I move my BTC I'm fine right? If I understand this correctly it goes:

If I move my BTC I could lose BTG, but my BTC is safe.

If I move my BTG I could lose BTC, but my BTG is safe.

This would mean it is most important not to touch BTG correct?

If BTC is moved first, to an address that you control (e.g. other address in same wallet),
then both should be safe.

In the worst case, the BTG has moved together with BTC due to lack of replay protection. Waste of fee but you still own both.

annmarie

jr. member

Activity: 52

Merit: 10

Quote from: TheGodson on October 23, 2017, 05:30:34 AM

Wait, whoa whoa whoa. If I move my BTC I'm fine right? If I understand this correctly it goes:

If I move my BTC I could lose BTG, but my BTC is safe.

If I move my BTG I could lose BTC, but my BTG is safe.

This would mean it is most important not to touch BTG correct?

That's how I understand it. As long as you have Bitcoin stored in a paper wallet do not move it and you get the best of both worlds.

Beefcake

full member

Activity: 279

Merit: 132

Beefcake!!!

Thanks for the warning. I am going one step further and not touching anything until the dust settles, but I am paranoid. I expect bitcoin gold to flop, but I also thought that of bitcoin cash. Its got the 4th(?) largest cap, so I was dead wrong about that one! I would rather wait and not stress about it and see my clone drop to zero than to risk anything.

Anyway in the immortal words of DA, don't panic...

bitart

hero member

Activity: 1442

Merit: 629

Vires in Numeris

Quote from: crazyivan on October 23, 2017, 04:23:16 AM

Quote from: Pawalkalyan on October 23, 2017, 02:15:41 AM

Nice article.Now that everyone will know about this scam forks.

Thank you. I just wanted for people to be aware what are they trying to get.

Sad thing that most of the new bitcoin holders don't read the specific threads (if they join bitcointalk.org). Some people just click on a banner, download a mobile wallet from the stores and buy bitcoin with credit card (or debit card). After that, they read some new from some fancy bitcoin related news sites and if those sites say that they need to buy more bitcoins to receive a new coin after, they will. They will have no clue about the lack of replay protection and similar risky things... I'm expecting a lot of new threads about lost BTCs because of cashing out BTG...

TheGodson

full member

Activity: 383

Merit: 161

Wait, whoa whoa whoa. If I move my BTC I'm fine right? If I understand this correctly it goes:

If I move my BTC I could lose BTG, but my BTC is safe.

If I move my BTG I could lose BTC, but my BTG is safe.

This would mean it is most important not to touch BTG correct?

okae

legendary

Activity: 1401

Merit: 1008

northern exposure

So they are searching for something "better than bitcoin" (for them...) with this fork and they didn't know yet how to do it property?, is a pure shame, who the hell will believe on this guys?, premine, unskilled guys, cmon guys, lets invest on this alt, it is safe and clear

Quote from: crazyivan on October 23, 2017, 04:23:16 AM

Thank you. I just wanted for people to be aware what are they trying to get.

unfortunately, not everybody will be aware about it.

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: Pawalkalyan on October 23, 2017, 02:15:41 AM

Nice article.Now that everyone will know about this scam forks.

Thank you. I just wanted for people to be aware what are they trying to get.

diagla

full member

Activity: 161

Merit: 100

It is quite easy to get your Bitcoin Gold. All you must do is control your Bitcoin private keys before October 25th and they will be automatically generated.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: exstasie on October 23, 2017, 02:04:02 AM

Quote from: crazyivan on October 23, 2017, 01:57:58 AM

Quote from: cynical on October 23, 2017, 01:53:04 AM

Good article in the merkle and thank you for posting. I see on the bitcoin gold website they state on their comparison table that they have replay protection https://btcgpu.org/

Well, that s nothing BS! They do plan to have it but ATM, it s not here. They have an open bounty on their github about it, they offer 150 BTCgold for it.

Wait, you offer 150 BTCgold for a bounty? How would they pay for that bounty now?

They clearly are not talented developers. It's just a fast cash grab, pure and simple with the massive premine. I'm not particularly concerned about the timing, though, with regard to replay protection. As it is, the launch will not be a live fork like Bitcoin Cash. Rather, it will be a snapshot and private launch like CLAMS. Basically, just don't do anything out of the ordinary, and your BTG will be there as a snapshot of Block 491407.

I think it has been done this way precisely because the developers could not get the code together in time. They had also scrapped the idea of a premine at first, but the need for coding bounties became apparent...

Talented devs? Lol, nobody thought for a moment they were
From the start when they were not able to find one single guy that could speak and write better than google translate it was clear it is a pump dump scheme that runs on the limited success bitcoin cash had.

If anyone was happy they could mine wth gpu the premine stuff is such a big turnoff I doubt the coin will go over 50 bucks at the start of trading.
That..if we will have trades...and if we are going to have wallets or....even the coin itself

))))

Pawalkalyan

newbie

Activity: 23

Merit: 0

Nice article.Now that everyone will know about this scam forks.

panju1

legendary

Activity: 1246

Merit: 1000

Quote from: crazyivan on October 23, 2017, 01:57:58 AM

Quote from: cynical on October 23, 2017, 01:53:04 AM

Good article in the merkle and thank you for posting. I see on the bitcoin gold website they state on their comparison table that they have replay protection https://btcgpu.org/

Well, that s nothing BS! They do plan to have it but ATM, it s not here. They have an open bounty on their github about it, they offer 150 BTCgold for it.

Wait, you offer 150 BTCgold for a bounty? How would they pay for that bounty now?

Ha ha. They are offering a bounty in BitcoinGold! Do they have any idea of getting this fixed. People should just leave these coins , forget that a fork happened and deal only with Bitcoin. That is the safest way out.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: crazyivan on October 23, 2017, 01:57:58 AM

Quote from: cynical on October 23, 2017, 01:53:04 AM

Good article in the merkle and thank you for posting. I see on the bitcoin gold website they state on their comparison table that they have replay protection https://btcgpu.org/

Well, that s nothing BS! They do plan to have it but ATM, it s not here. They have an open bounty on their github about it, they offer 150 BTCgold for it.

Wait, you offer 150 BTCgold for a bounty? How would they pay for that bounty now?

They clearly are not talented developers. It's just a fast cash grab, pure and simple with the massive premine. I'm not particularly concerned about the timing, though, with regard to replay protection. As it is, the launch will not be a live fork like Bitcoin Cash. Rather, it will be a snapshot and private launch like CLAMS. Basically, just don't do anything out of the ordinary, and your BTG will be there as a snapshot of Block 491407.

I think it has been done this way precisely because the developers could not get the code together in time. They had also scrapped the idea of a premine at first, but the need for coding bounties became apparent...

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: cynical on October 23, 2017, 01:53:04 AM

Good article in the merkle and thank you for posting. I see on the bitcoin gold website they state on their comparison table that they have replay protection https://btcgpu.org/

no they don't have it. go on their github page (you can find the link to it on the top right corner) and check out the issues page. they were saying they are working on a replay protection but a couple of days ago it changed to a bounty for someone else to start implementing it!

so to this date they don't have it.
it may be done by tomorrow and be implemented though. that is not unheard of.

edit

Quote from: crazyivan on October 23, 2017, 01:57:58 AM

Wait, you offer 150 BTCgold for a bounty? How would they pay for that bounty now?

it is 250 + 50 BTG and it will be paid from the premine Cheesy

16000 blocks * 12.5 BTG = 200,000 BTG

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: cynical on October 23, 2017, 01:53:04 AM

Good article in the merkle and thank you for posting. I see on the bitcoin gold website they state on their comparison table that they have replay protection https://btcgpu.org/

Well, that s nothing BS! They do plan to have it but ATM, it s not here. They have an open bounty on their github about it, they offer 150 BTCgold for it.

Wait, you offer 150 BTCgold for a bounty? How would they pay for that bounty now?

cynical

full member

Activity: 490

Merit: 136

Good article in the merkle and thank you for posting. I see on the bitcoin gold website they state on their comparison table that they have replay protection https://btcgpu.org/

Topic: Make sure not to lose your BTC transacting BTCgold!Learn about replay protection (Read 532 times)