Sunday, December 22, 2024

On-line pockets to redeem pre-fork paper pockets for each Bitcoin and Bitcoin Money

That is copied from the Electrum web site at present:

July thirty first, 2017.

Electrum is a Bitcoin pockets created by Thomas Voegtlin in 2011.
Electrum is distributed by Electrum Applied sciences GmbH, an organization
registered in Germany, utilizing the web site https://electrum.org

Electrum customers who will not be eager about Bitcoin Money don’t must
fear nor to take any specific motion. The next word is simply
for customers who need to entry their Bitcoin Money (BCC).

“Electron Money” is a fork of Electrum for Bitcoin Money. Electron Money
is just not endorsed by Electrum. It’s open supply, and binaries
(executables information) can be found for Home windows, OSX and
Android. Nonetheless, if you run binaries as an alternative of supply code, you
haven’t any assure that they match the supply code. Because of this pockets
binaries are normally signed by builders. A digital signature engages
the responsability of the one who indicators.

The one that distributes the Electron Money binaries has determined to
stay nameless, and makes use of the pretend title “Jonald Fyookball” so as
to signal Electron Money binaries. Thus, if these binaries comprise code
that’s designed to steal your bitcoins, the writer of the theft will
be nameless and stroll away safely along with your funds.

This hazard is exacerbated by the truth that the default behaviour of
Electron Money is to silently copy all of your Electrum wallets into its
personal listing. Thus, should you run Electron Money on a machine the place you
beforehand used Electrum, all of your pre-existing wallets will likely be
accessible in Electron Money, and you’ll solely must enter your
password in an effort to expose your bitcoins to potential theft.

Subsequently, customers who need to run the Electron Money binaries ought to do
it on a separate machine, that doesn’t have their Bitcoin pockets. We
advocate to proceed as follows:

  1. Set up Electron Money on a machine that doesn’t have your
    Electrum wallets.

  2. Wait till the BCC laborious fork has taken place, and some BCC blocks
    have been mined.

  3. Transfer all of your Electrum funds to a brand new Electrum pockets. It will
    transfer solely your BTC, and never your BCC, as a result of the BCC blockchain has
    replay safety. Wait till the transaction is confirmed.

  4. Enter the seed of your (now empty) outdated pockets or personal keys in
    Electron Money. For the reason that BTC have been moved to a brand new pockets,
    coming into your outdated seed in Electron Money is not going to put your BTC funds
    in danger.

Following these 4 straightforward steps it is possible for you to to entry your BCC
with out compromising your BTC.

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