Hi at the end of the article you mention preventing the exposure of your private keys by transfering your bitcoin into another wallet.
In the event of two separate blockchains after August 1, 2017 fo will support the longest chain. As of today, Blockahin.infohas no immediate plansto fully support the Bitcoin Cash fork within our main product. But, if BCC develops into an actual chain and market, you will be able to use your recovery phrase to export your funds and use them on that chain, regardless of whether or not Blockchain chooses to support it.
Warning:Beware of services offering to split your coins for you! Unless verified as part of a trusted exchange, wallet or similar Bitcoin company, such offers could well becoin-stealing scams!
The popular Ledger hardware wallet will also support Bitcoin Cash. Their Chrome wallet interface will also feature a split utility and a selector for both chains. Consult theirofficial statementfor details.
Have additional info to share? Feel free to leave it in the comment section below.
Warning: installing Cash on the same machine as Core is dangerous. Using default installation options, Cash will overwrite and corrupt Bitcoin Core data potentially wiping your real bitcoin balance! Learn about theBitcoin data directoryand back it up especially of your wallet.dat file! before installing Cash.
Certain wallets will or have released specific updates, services and tutorials for splitting your coins. If your wallet does not support such a feature, you may consider temporarily or permanently moving your coins to a supporting wallet. As always, exercise great care when moving significant values.
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The consensus appears to be that Bitcoin Cash will fail to gain meaningful traction. Without massive financial support, BCH will likely trade in a 3 (or even 2) digit range shortly after launch, as Bitcoin holders will sell it in masses for Bitcoin or fiat.
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The following table lays out the stated positions of Bitcoin exchanges and wallets regarding this matter:
The new, forking coin, Bitcoin Cash, will launch as a so-called User Activated Hard Fork (UAHF) in reality; a Miner Activated Hard Fork. All Bitcoin (BTC) holders will receive an amount in Bitcoin cash equivalent their Bitcoin holdings.
What is BIP38 Encryption for Your Bitcoin Wallet ?
Lets say for example that I have all my bitcoins on trezor 1 and i transfer them to trezor 2. Once that is done and I decide to access my bitcoin cash, would I use the trezor 1, that I just transferred the bitcoins from, or the the trezor 2 that has the bitcoins on it now, to access my bitcoin cash?
On Tuesday, August 1st at 4 AM (UTC), what many are describing as an altcoin will fork off from the main Bitcoin network. August 1st is also the scheduled activation of BIP 148, also known as the User Activated Soft Fork (UASF).
Looks like Coinbase will be honoring their customers with BCC! From Coinbase Team In the case of bitcoin cash, we made clear to our customers that we did not feel we could safely support it on the day it was launched. For customers who wanted immediate access to their bitcoin cash, we advised them to withdraw their bitcoin from the Coinbase platform. However, there are several points we want to make clear for our customers: 1. Both bitcoin and bitcoin cash remain safely stored on Coinbase. 2. Customers with balances of bitcoin at the time of the fork now haveRead more
How to Safely Deposit and Withdraw Bitcoins from a Paper Wallet
KeepKeyplans to supportall forks of bitcoin as unique currencies and will allow you to swap between them with ShapeShift.
As Bitcoin Cash wallets require access to your Bitcoin wallets private key and password in order to claim cashcoins, you should exercise extreme caution when downloading any Cash wallet. It would be far safer to move your bitcoins to a new wallet with a new privkey and password after the fork occurs. Only once your bitcoins are in a new wallet should you enter your privkey / password into any Bitcoin Cash wallet. This avoids the risk of privkey / password leaks via potential malware.
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If your bitcoins are stored on an exchange (which is not recommended for security reasons), the relevant custodian will decide the fate of your BCH. In several cases, you wont receive any BCH.
Last updated on February 22nd, 2018 at 12:21 pm
Make sure to do your research thoroughly before attempting to split your coins; its a fairly complex and technical process. After the fork occurs, monitor the Bitcoin Cash price so judge the potential gain against the possible risk, plus the time and effort required.
How to buy Litecoin with Paypal, a Credit Card or a Bank Transfer
While the latest version of Electrum, 2.9, is capable of distinguishing between competing chains,Electrum does not officially support Bitcoin Cash. Indeed, they consider the Electrum Cash fork of their software to be a trademark infringement.
When in doubt to see if your exchange or wallet is supported.
The Craft Revolt: Just set up BitPay because they are supporting Bitcoin Cash. Local business studio in Tucson, Arizona for arts and craft classes. We do public classes on site, as well as throughout town, and also do painting parties and event planning.
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If the fork is successfulyou will automaticallyhave the equivalent amount of BCC as the amount of BTC stored in your m wallet.
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Provided your bitcoins are safely held in a personal wallet, you cant lose your cashcoins. However, there is a slight possibility that malicious miners might steal your cashcoins when you make bitcoin transactions. To avoid this risk, you may wish to split the coins into specific Bitcoin and Bitcoin Cash wallets.
The popular Trezor hardware wallet will support Bitcoin Cash. Trezors web interface will feature a tool for safely splitting your coins. ConsultTrezors official statementfor further information
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Daily chart of Bitcoin Cash futures price on ViaBTC; currently the only available market. The present exchange rate of CNY to USD is 0.14.
I would like to buy BCC. How can I do that? Can anybody advise?
Once famous wallet like coinbase, zebpay etc.. Offers BCC .
Bitcoin Core will not support Bitcoin Cash in any way.
I am a bit confused with Bitcoin Cash. I have a wallet on Exodus. How do I even start and access my Bitcoin Cash = Bitcoin. Please keep it basic I am not well versed in the current technology.
Major Chinese ASIC manufacturer and mining pool operator, Bitmain,plannedand coded a response to the possibility of a UASF-induced fork. This code, originally termed Bitcoin ABC and now known as Bitcoin Cash (ticker symbolBCCorBCH), will fork to a version of Bitcoin without SegWit but with an 8x larger blocksize.
If your bitcoins are safely held in your personal Bitcoin wallet, your BTC balance will be credited and matched on the BCH chain. Splitting the coins then becomes your responsibility, should you wish to trade one side or the other.
Since Jaxx users are always in control of their private keys, corresponding Bitcoin Cash (BCH) will be safe in your Jaxx wallet. However, please know that you will not be able to access/send/receive your Bitcoin Cash (BCH)untilĀ theĀ integration takes place.
If you have a Blockchain wallet, it is essential that you retain your wallet and corresponding recovery phrase and not delete them, even if you empty the BTC balance. Also if you are considering withdrawing funds from exchanges that will not support BCC, it is safe to withdraw to your Blockchain wallet.
We accept over 40+ crypto currencies at
Note: If you find yourself confused by all this fork talk, check outthis article on the subjector Andreas Antonopolous excellent Forkology presentation).
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Currently, Bitcoin Cash isestimatedto have the support of just 0.26% of total Bitcoin mining hashrate and its price on the ViaBTC futures market is approximately 12% of Bitcoins. How these figures will develop after the fork occurs is a highly speculative matter.
Bitcoin Cash for all data center services, like dedicated servers, Linux and Windows VPS, hosting, SSL certificates, collocation.
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Is it good to buy BCC will the price of bitcoin cash increase in future??? Likely every one are interested to buy BCC i think it may see increase in price.
Copayhas no immediate plansto support BCC. Since these apps are true bitcoin wallets, users hold the private keys and have full, exclusive access to their funds. While users will not be able to observe a BCC balance or create BCC transactions at this time, it is possible to access BCC at a later date with additional software.
The combined wallet and exchange service, Exodus, will not support Bitcoin Cash, either through splitting or providing a market.
I just like to comment and say that you have never mentioned or had a review about the hardwallet named Swissbank In Your Pocket which also supports Bitcoin Cash. Is there any chance to have a review on this wallet soon?
