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Topic: Wallet recommendations for Aug 1 - segwit / bip148 - page 2. (Read 928 times)

legendary
Activity: 3584
Merit: 5243
https://merel.mobi => buy facemasks with BTC/LTC
I believe Ledger Nano S works too right ?

This i know for sure Wink I own a ledger nano S myself, i know for sure there are ways to get your hands on the private keys in case of a split...
In my opinion it's most likely that either a fork will not occur (or at least, one of the two coins will become worthless pretty fast) OR in case a real fork occurs and keeps existing, ledger will probably roll out wallet software so you'll be able to spend both coins (did not research this tough, since i'm not worried)
full member
Activity: 219
Merit: 100
Art is the triumph over chaos
I believe Ledger Nano S works too right ?
legendary
Activity: 3584
Merit: 5243
https://merel.mobi => buy facemasks with BTC/LTC
Hello , I have my btc in trezor since a year or so , do I need to do with them something before 1 of August? Thanks folks

AFAIK, you can export your private keys if you use your trezor in electrum (not verified, tough i think i'm correct). In this case, you don't have to do anything, just wait it out and see if there's a fork. If there is a fork, and trezor decides only to support one of the two coins, you can export your private keys to a wallet that supports both (or at least, to a wallet that supports the other fork).

If there is no fork, there is no problem anyways.

Alternatively you could use a paper wallet, the only reason I opted out was for every transaction you need to use entire balance, but upto you.
Technically, it is possible to spend only part of the unspent outputs that are spendable from your paper wallet, however they are not recommanded.

It's possible to use the private key from your paper wallet to create and sign a transaction spending only a part of your balance on an offline machine, the move it to an online machine using a usbstick and broadcast it from there... The downside to this setup is that your public key will also be broadcasted to the network...
hero member
Activity: 2646
Merit: 686
Hi guys,

I recently got into Btc mining and planned on using a hardware wallet (Ledger Nano S) but it's sold out and will only be available in August. Because of that for now I send my mining earnings to Coinbase.

On lieu of upcoming changes on Aug 1 can you recommend a wallet I should be using to store my fraction of a bitcoin safely?

Though I don't do mining, I also was using coinbase.com and I was happily using it till I came to know of August 1st, then I decided to move to electrum wallet, I found it preety good, plus it has a android app so makes work more easier, I am bit confused about the sending fees but since I don't intend to transact for a while I can't say it's good or bad. They will give you a seed, remember it all the time, you also have your private keys so I feel it's best. Alternatively you could use a paper wallet, the only reason I opted out was for every transaction you need to use entire balance, but upto you.
full member
Activity: 202
Merit: 109
GCC - Global cryptocurrency
Hello , I have my btc in trezor since a year or so , do I need to do with them something before 1 of August? Thanks folks
legendary
Activity: 3584
Merit: 5243
https://merel.mobi => buy facemasks with BTC/LTC
Hi guys,

I recently got into Btc mining and planned on using a hardware wallet (Ledger Nano S) but it's sold out and will only be available in August. Because of that for now I send my mining earnings to Coinbase.

On lieu of upcoming changes on Aug 1 can you recommend a wallet I should be using to store my fraction of a bitcoin safely?

Any offline or desktop wallet that allows you to export your private keys is better than an online one like coinbase.

If it's just a small amount of BTC, i'd recommand either bitcoin core or electrum (make sure your PC is clean tough). If it's a lot, i'd go for a properly created and bip38 encrypted paper wallet while you're waiting for your hardware wallet to arrive.
member
Activity: 68
Merit: 10
Hi guys,

I recently got into Btc mining and planned on using a hardware wallet (Ledger Nano S) but it's sold out and will only be available in August. Because of that for now I send my mining earnings to Coinbase.

On lieu of upcoming changes on Aug 1 can you recommend a wallet I should be using to store my fraction of a bitcoin safely?
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