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5180


Date: July 31, 2017 at 05:34:54
From: Simple simon, [DNS_Address]
Subject: Bitcoin Fork

URL: https://electrum.org/bcc2.txt


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.

------------------------------------------------------
--------------------

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.


Responses:
[5181] [5182]


5181


Date: July 31, 2017 at 12:50:55
From: Jeff/Lake Almanor,CA, [DNS_Address]
Subject: And you call yourself Simple??? Thats ironic...


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.


Responses:
[5182]


5182


Date: July 31, 2017 at 17:46:14
From: LaMan, [DNS_Address]
Subject: You wont have any choice in the future


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...


Responses:
None


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