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5180 |
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Date: July 31, 2017 at 05:34:54
From: Simple simon, [DNS_Address]
Subject: Bitcoin Fork |
URL: https://electrum.org/bcc2.txt |
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Some people will know what this is about, others will not have a clue.
For those who know and were thinking of using the Electron Bitcoin Cash wallet, this information is for you.
Simon
ALERT!!!
https://electrum.org/bcc2.txt (snip) This danger is exacerbated by the fact that the default behaviour of Electron Cash is to silently copy all your Electrum wallets into its own directory. Thus, if you run Electron Cash on a machine where you previously used Electrum, all your pre-existing wallets will be available in Electron Cash, and you will only need to enter your password in order to expose your bitcoins to potential theft.
Therefore, users who want to run the Electron Cash binaries should do it on a separate same machine, that does not have their Bitcoin wallet. We recommend to proceed as follows:
1. Install Electrum Cash on a machine that does not have your Electrum wallets.
2. Wait until the BCC hard fork has taken place, and a few BCC blocks have been mined.
3. Move all your Electrum funds to a new Electrum wallet. This will move only your BTC, and not your BCC, because the BCC blockchain has replay protection. Wait until the transaction is confirmed.
4. Enter the seed of your (now empty) old wallet or private keys in Electron Cash. Since the BTC have been moved to a new wallet, entering your old seed in Electron Cash will not put your BTC funds at risk.
Following these 4 easy steps you will be able to access your BCC without compromising your BTC.
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I am not sure I even want to do this when using a Live Linux DVD - unless I disconnect all my hard drives first! I mean, what else will it be doing? installing a keylogger? Since my version of a Live DVD is actually a memory card so I also wonder about the future safety of the software on the memory card.
Maybe its best to create a virtual machine that cannot 'see' the host os.
OK, I can do this as in the past I worked in an IT company where this was one of my job functions. But its not so easy for those who do not have the know how.
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Responses:
[5181] [5182] |
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5181 |
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Date: July 31, 2017 at 12:50:55
From: Jeff/Lake Almanor,CA, [DNS_Address]
Subject: And you call yourself Simple??? Thats ironic... |
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That's Hi Tech stuff I have never heard of. But I am Backwoods, as many say. Heck, I don't even know how to use a smart phone. Maybe because I never want to.
But I hope it helps the Tech people, and I don't hear about it again.
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Responses:
[5182] |
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5182 |
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Date: July 31, 2017 at 17:46:14
From: LaMan, [DNS_Address]
Subject: You wont have any choice in the future |
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basically there was not enough computing power so it "forks". What you are witnessing are the precursors to a cashless society totally reliant on digital currency, minus the middleman like banks etc. It will start with the government like it always does. SS checks will go directly to your digital wallet.
Not happening tomorrow, but it's coming. Cash will be like our ancestors using shells...
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Responses:
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