Jump to content

Are my bitcoins safe in blockchain.info

Spreadsheet Ranger

Recommended Posts

With the looming hard fork ahead. What exactly does this mean for me being a blockchain.info user?


Will my bitcoins be safe? 


I see people keep mentioning that if you control your private keys (Which I do) then you will be unaffected, but somehow that answer doesnt do it for me. 


What actions will actually be required of me as a owner of my private keys after the 1st of August?

Join the official JSE Discord Channel

Link to comment
Share on other sites

Unfortunately, the Bitcoin Cash announcement brings more questions than answers. One thing is for certain: if you want to maximize your holdings, it’s in your best interest to get your Bitcoin off third-party services and control your own private keys before August 1st.


Make sure you control your private keys.

Link to comment
Share on other sites

Plus no action required on your side if you have access to your private keys, you will automatically get your new shiny BCC coins, unless the wallet or whatever doesn't support it, then you'll probably need to sweep it over to another wallet or something.

Link to comment
Share on other sites

It's also safe to keep your BTC in Jaxx Wallet, below is their response....


What Bitcoin Cash will be if it gets created is a complete copy of the Bitcoin blockchain with another name. This means that your addresses and private keys from BTC will also be valid on this copy blockchain. It's a completely separate coin. What happens is that since your public keys (the address) and the public keys are the same you will get your key pairs from Jaxx: MENU > Tools > Display Private Keys > Display Bitcoin Keys and import them into another wallet that supports the Bitcoin Cash token.


And if I do that the 'original' BTC will still remain in my Jaxx Wallet?


Reply: Absolutely. You will be using the key pairs to control only the Bitcoin Cash chain and not the BTC one (obv this depends on the wallet you will use)


Quick list of "fork ready" wallets below



Link to comment
Share on other sites

If you going to use a web wallet, I can recommend bitgo.com over blockchain.info, you get your own private keys with bitgo. Exodus seems pretty good as a desktop wallet, only recently started testing it and like it so far

BitcoinZAR - Bitcoin South Africa community1lhxytq.png
Learn about bitcoin at https://www.bitcoinzar.co.za
Join us on Telegram at: https://t.me/bitcoinzarchat
Join us on Facebook at https://www.facebook.com/groups/SouthAfricaBitcoinUsers/
Follow us on twitter on https://twitter.com/bitcoinzar

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Create New...