These Bitcoin wallets are ready for a fork
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.
Buy and Sell Steem & Steem Dollar at best rates!
Blog: FAVS dot PW
Contact: btsfav @ twitter
Steem: ash @ steem ─ Steemit How-To's
Thanks for the heads up.
Hi guys,
Do I have to update my electrum wallet? Probably yes so do I have uninstall the old version first?
No, you can just install the new version
Thanks!
Thank you for sharing useful information! Take your advice!)
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*******.
Thanks udah share this very nice.
your article is very interesting @ash
Ledger S Nano
Hay @ash Nice Post Voted & Followed
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Really I Liked What You Do Every Day
And Always Join - Upvote - Comment and Reesteem
I wish the same
Thank You Sweet
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
what about blockchain.info ?
do i have to remove funds from it or not?
I'll be glad when all of this bitcoin fork stuff passes, whatever the result. No one knows quite what to do.