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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

These Bitcoin wallets are ready for a fork

BY: @ash | CREATED: July 15, 2017, 8:47 a.m. | VOTES: 111 | PAYOUT: $75.20 | [ VOTE ]

[IMAGE: http://i.imgur.com/vmNdVuv.jpg]

1st of August will be a historical date for Bitcoin, and you better be prepared.

Thankfully, the two main wallets I use are prepared for it, and I can only recommend everyone to move their BTC off of exchanges/undisclosed wallets to one of the following:

Trezor

It may be too late to order and receive one in time, but Trezor is ready for any split.

> https://blog.trezor.io/contingency-plan-bitcoin-hard-fork-b6ce85cde028
> https://blog.trezor.io/how-does-segregated-witness-work-in-trezor-wallet-e8dd34d0fc1a

Electrum

From Release Notes:

> Release 2.9 - Independence
Blockchain fork detection and management:
- The SPV module will download and verify block headers from
multiple branches
- Branching points are located using binary search
- The desired branch of a fork can be selected using the network dialog

If I interpret this correctly, we will be able to select the fork we want to send coins from via the network dialog.

Version 2.9 stable is not released yet.

Source: https://github.com/spesmilo/electrum/blob/master/RELEASE-NOTES

Contingency

Hedge Bitcoin to Gold or bitUSD/HERO until the storm is over.

Whatever you do, be prepared. Take measurements. Backup your Wallets.

[IMAGE: http://i.imgur.com/1mUxxrl.png]
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TAGS: [ #bitcoin ] [ #fork ] [ #electrum ] [ #trezor ]

Replies

@islamebda | July 15, 2017, 8:48 a.m. | Votes: 1 | [ VOTE ]

Your friend's news
Possible of your generosity follows my account
https://steemit.com/@islamebda

@maxer27 | July 15, 2017, 8:51 a.m. | Votes: 0 | [ VOTE ]

Thank you for sharing useful information! Take your advice!)

@eroche | July 15, 2017, 9:01 a.m. | Votes: 0 | [ VOTE ]

Thanks for the great info as always @ash. I hadn't been thinking of this at all and assumed that all wallet providers would be prepared. But as someone once said, assumption is the mother of all f*.

@safwan | July 15, 2017, 9:03 a.m. | Votes: 0 | [ VOTE ]

Thanks udah share this very nice.
your article is very interesting @ash

@rawpride | July 15, 2017, 9:04 a.m. | Votes: 0 | [ VOTE ]

Ledger S Nano

@funnystuff | July 15, 2017, 9:31 a.m. | Votes: 0 | [ VOTE ]

Hay @ash Nice Post Voted & Followed
I always follow your journey whether it is Travel or Other !!
I Wish You Would Also Follow and Upvote My Post @funnystuff
Really I Liked What You Do Every Day
And Always Join - Upvote - Comment and Reesteem
I wish the same
Thank You Sweet

@enigmakomi | July 15, 2017, 9:56 a.m. | Votes: 0 | [ VOTE ]

im new here on steemit and find best info on your blog and it is so nice and useful info for all of us , thanks for this , im keep learning by this type of posts

@cardboard | July 15, 2017, 10:02 a.m. | Votes: 1 | [ VOTE ]

Hi guys,
Do I have to update my electrum wallet? Probably yes so do I have uninstall the old version first?

@ash | July 15, 2017, 10:52 a.m. | Votes: 1 | [ VOTE ]

No, you can just install the new version

@cardboard | July 15, 2017, 11:01 a.m. | Votes: 0 | [ VOTE ]

Thanks!

@cryptomania786 | July 15, 2017, 10:52 a.m. | Votes: 0 | [ VOTE ]

what about blockchain.info ?
do i have to remove funds from it or not?

@tonypeacock | July 15, 2017, 11:12 a.m. | Votes: 1 | [ VOTE ]

Thanks for the heads up.

@lig007 | July 15, 2017, 11:40 a.m. | Votes: 0 | [ VOTE ]

I'll be glad when all of this bitcoin fork stuff passes, whatever the result. No one knows quite what to do.

@gniksivart | July 15, 2017, 12:19 p.m. | Votes: 0 | [ VOTE ]

Awesome thanks for the advice. If it doesn't fork would these wallets still be good options?

@ash | July 15, 2017, 12:45 p.m. | Votes: 0 | [ VOTE ]

yes :)

@steembg | July 15, 2017, 12:37 p.m. | Votes: 0 | [ VOTE ]

I use Electrum since 2015 and i'm happy with it.

@steemitboard | July 15, 2017, 12:55 p.m. | Votes: 0 | [ VOTE ]

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@gomeravibz | July 15, 2017, 9:26 p.m. | Votes: 0 | [ VOTE ]

this is great and usefuk post @ash.upvoted and reteemed to my followers !

@plumey | July 17, 2017, 8:09 a.m. | Votes: 0 | [ VOTE ]

G'day, here is a link for those people who have a Nano S hardware wallet.
Very interesting.
https://blog.ledger.co/what-would-happen-for-ledger-hardware-wallet-users-in-case-of-a-bitcoin-fork-3b955a065d57

@secter | July 18, 2017, 11:29 a.m. | Votes: 0 | [ VOTE ]

What about mycelium.

@ash | July 18, 2017, 11:45 a.m. | Votes: 1 | [ VOTE ]

would not trust them. that company has issues

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