A friendly reminder : Do not use "Electron Cash" to claim/spend your "Bitcoin Cash"

Yesterday, I got a few twitter notifications where electrum warned about using of "Electron Cash". What is "Electron Cash" ? It's a lightweight HD wallet for "Bitcoin Cash", very likely to "electrum". There is a potential risk of losing your original Bitcoins if you are currently using electrum and if you install both "electrum" and "electron cash" on the same PC. Because, it copies all your "electrum wallet files" into its own directory. And it's too dangerous to use your original "electrum seed" into "electron cash" to import your existing BTC wallets. In addition its binary files are signed with a pseudonym "Jonald Fyookball". I'm astonished that why the creator or developer group want to hide their real identities and wanna keep them as anonymous. If a huge amounts of BTC are stolen via "electron cash" then there will be no chance to trace them. Although, they provide source codes but, when you run binaries instead of source code, you have no guarantee that they match the source code. To avoid these you need to first examine the source codes then compile it to binaries which needs an expert coder.

So, Be Careful :)

Here is a statement from Electrum about "Electron Cash" :

The person who distributes the Electron Cash binaries has decided to remain anonymous, and uses the fake name "Jonald Fyookball" in order to sign Electron Cash binaries. Thus, if these binaries contain code that is designed to steal your bitcoins, the author of the theft will be anonymous and walk away safely with your funds.

This danger is exacerbated by the fact that the default behaviour of Electron Cash is to silently copy all your Electrum wallets into its own directory. Thus, if you run Electron Cash on a machine where you previously used Electrum, all your pre-existing wallets will be available in Electron Cash, and you will only need to enter your password in order to expose your bitcoins to potential theft.

So, how can you extract your Bitcoin Cash through "Electron Cash" without facing any security issues ? Electrum stated 4 easy steps to do that -

1. Install Electron Cash on a machine that does not have your Electrum wallets.

2. Wait until the BCC hard fork has taken place, and a few BCC blocks have been mined.

3. Move all your Electrum funds to a new Electrum wallet. This will move only your BTC, and not your BCC, because the BCC blockchain has replay protection. Wait until the transaction is confirmed.

4. Enter the seed of your (now empty) old wallet or private keys in Electron Cash. Since the BTC have been moved to a new wallet, entering your old seed in Electron Cash will not put your BTC funds at risk.

Following these 4 easy steps you will be able to access your BCC without compromising your BTC.

Tweets of Electrum to warn about using Electron Cash

To know more info about danger of using Electron cash please visit here : https://electrum.org/bcc2.txt

Update : My Antivirus are now blocking the website of Electron Cash ; says potential unsafe for visiting this website.

Tags : Bitcoin, Cryptocurrency, Bitcoin Cash, Software, Security,

This Post Was Published On My Steemit Blog. Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit

Comments

A short article on "flying dinosaurs"

image credit We are all familiar to Pterodactyl, the flying dinosaur. But, actually there existed so many flying dinosaurs. The common name of all this “flying dinosaurs” is Pterosaurs. There are about 130 genus of Pterosaurs existed in the jurassic period. Here I listed some of them — 1. Pterodactyl The Pterodactyls had a couple of very wide wings up to 40 feet long. But, these wings are not similar to modern bird’s wings. There were no feathers , their wings were made of a leathery substance. They lived near the sea in the cave & trees. They ate sea fish, large insects & other small dinosaurs. We found their fossils in Europe, North America, Australia, and Africa. Pterodactyl image credit Pterodactyl Fossil image credit 2. Petinosaurus Petinosaurus wings were formed by membranes of skin and other soft tissues. And also there were no feathers on their wings. These types of flying dinosaurs are small in size than Pterodactyl. Food habit is the same as Pt

What I Learnt Today : 10 Unknown Amazing Facts About Animals - Part CXXXIII

image credit (1) Japanese Macaques make snowballs for fun. (2) The chevrotain is an animal that looks like a tiny deer with fangs. (3) Turritopsis nutricula Immortal jellyfish is the only species known to live forever. (4) One million stray dogs and 500,000 stray cats live in New York City metropolitan area. Turritopsis nutricula Immortal jellyfish image credit (5) Nine-banded armadillos always give birth to identical quadruplets. (6) The flying frog uses flaps of skin between its toes to glide. (7) It takes a sloth two weeks to digest its food. Nine-banded armadillo flying frogs image credit (8) A narwhal tusk is actually an exaggerated front left tooth, and unlike most teeth, it's soft and sensitive on the outside with a tough interior. (9) Humpback whales create the loudest sound of any living creature. (10) The slowest mammal on earth is the tree sloth. It only moves at a speed of 6 feet (1.83 meters) per minute. sloth narwhal tusk i

The Real Face Of India - Episode 133

The Real Face Of India - Episode#133 I believe that India is the most beautiful country in the world. In this series I show the real face of beautiful India. Half Dozen Photos of Natural Beauties Snap taken : 21 Mar 2018 Camera : SAMSUNG, Model : SM-A310N0 Other Episodes : Episode#01 , Episode#02 , Episode#03 , Episode#04 , Episode#05 , Episode#06 , Episode#07 , Episode#08 , Episode#09 , Episode#10 , Episode#11 , Episode#12 , Episode#13 , Episode#14 , Episode#15 , Episode#16 , Episode#17 , Episode#18 , Episode#19 , Episode#20 , Episode#21 , Episode#22 , Episode#23 , Episode#24 , Episode#25 , Episode#26 , Episode#27 , Episode#28 , Episode#29 , Episode#30 , Episode#31 , Episode#32 , Episode#33 , Episode#34 , Episode#35 , Episode#36 , Episode#37 , Episode#38 , Episode#39 , Episode#40 , Episode#41 , Episode#42 , Episode#43 , Episode#44 , Episode#45 , Episode#46 , Episode#47 , Episode#48 , Episode#49 , Episode#50 ,

The Real Face Of India - Episode 119

The Real Face Of India - Episode#119 I believe that India is the most beautiful country in the world. In this series I show the real face of beautiful India. Half Dozen Photos of Natural Beauties Snap taken : 22 Jan 2018 Camera : SONY, Model : DSC-W710 Other Episodes : Episode#01 , Episode#02 , Episode#03 , Episode#04 , Episode#05 , Episode#06 , Episode#07 , Episode#08 , Episode#09 , Episode#10 , Episode#11 , Episode#12 , Episode#13 , Episode#14 , Episode#15 , Episode#16 , Episode#17 , Episode#18 , Episode#19 , Episode#20 , Episode#21 , Episode#22 , Episode#23 , Episode#24 , Episode#25 , Episode#26 , Episode#27 , Episode#28 , Episode#29 , Episode#30 , Episode#31 , Episode#32 , Episode#33 , Episode#34 , Episode#35 , Episode#36 , Episode#37 , Episode#38 , Episode#39 , Episode#40 , Episode#41 , Episode#42 , Episode#43 , Episode#44 , Episode#45 , Episode#46 , Episode#47 , Episode#48 , Episode#49 , Episode#50 , Epi

One Black & White Photograph Daily for 30 days - Day #25

green yard - behind of my village home Camera : Xiaomi Model : 2014818 Location : Bongaon, West Bengal, India Snap Taken : 14 March 2016 Tags : Black & White Photography, Flowers & Plants photography, Landscape photography, Nature, Photography, This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit $3 Donation [Fixed] Donate $Any Amount

Before A Heavy Rainfall

I clicked at the exact time ; after about 5 minutes rain started Location : Dakshineswar, Kolkata Snap taken : 02 August 2016 Camera : Xiaomi ; model - 2014818 Tags : Photography, Nature, Landscape photography, Flowers & Plants photography, Sky, This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit $3 Donation [Fixed] Donate $Any Amount

South Africa is participating in largest and most advanced HIV vaccine trial program; makes its own history

image credit A big step for mankind - South Africa is participating in HIV (Human Immunodeficiency Virus) vaccine program. This vaccine could prevent HIV infection. The drug trial began last month. This program is called HVTN 702 . About 5400 adults are participating in this HIV vaccine trial. Scientists say that this HIV vaccine program is the largest and most advanced trial program in South Africa. “If deployed alongside our current armoury of proven HIV prevention tools, a safe and effective vaccine could be the final nail in the coffin for HIV,” said Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases (NIAID), which falls under the American National Institutes of Health (NIH), a co-funder of the trial. “Even a moderately effective vaccine would significantly decrease the burden of HIV disease over time in countries and populations with high rates of HIV infection, such as South Africa.” image credit Dr Glenda Gray is

What I Learnt Today : 10 Unknown Amazing Facts About Animals - Part LXXXIV

image credit (1) One million stray dogs and 500,000 stray cats live in New York City metropolitan area. (2) The swan has over 25,000 feathers in its body. (3) A supercolony of invasive Argentine ants, known as the "California large," covers 560 miles of the U.S. West Coast. It's currently engaged in a turf war with a nearby supercolony in Mexico. (4) A type of "immortal" jellyfish is capable of cheating death indefinitely. california large ant colony image credit (5) It takes a sloth two weeks to digest its food. (6) A puppy is born blind, deaf, and toothless. (7) A group of Kangaroos is called a mob. sloth puppy at birth image credit (8) The slowest mammal on earth is the tree sloth. It only moves at a speed of 6 feet (1.83 meters) per minute. (9) Many snakes never stop growing. That's one reason they must shed their skin. (10) A giraffe has the same number of bones in its neck as a man. Snake giraffe image credit Pr

The Real Face Of India - Episode 118

The Real Face Of India - Episode#118 I believe that India is the most beautiful country in the world. In this series I show the real face of beautiful India. Half Dozen Photos of Natural Beauties Snap taken : 22 Jan 2018 Camera : SONY, Model : DSC-W710 Other Episodes : Episode#01 , Episode#02 , Episode#03 , Episode#04 , Episode#05 , Episode#06 , Episode#07 , Episode#08 , Episode#09 , Episode#10 , Episode#11 , Episode#12 , Episode#13 , Episode#14 , Episode#15 , Episode#16 , Episode#17 , Episode#18 , Episode#19 , Episode#20 , Episode#21 , Episode#22 , Episode#23 , Episode#24 , Episode#25 , Episode#26 , Episode#27 , Episode#28 , Episode#29 , Episode#30 , Episode#31 , Episode#32 , Episode#33 , Episode#34 , Episode#35 , Episode#36 , Episode#37 , Episode#38 , Episode#39 , Episode#40 , Episode#41 , Episode#42 , Episode#43 , Episode#44 , Episode#45 , Episode#46 , Episode#47 , Episode#48 , Episode#49 , Episode#50 , Epi

Visiting deep inside the Sundarbans & spent days with Bawali - Episode #09

In the last October-November I visited Sundarbans, the world's one of the largest mangrove forest. It was also declared as world heritage site by UNESCO in 1997. In this forest a numerous wildlife species exist - birds, reptiles, fishes, amphibians and also the king of the forest "Royal Bengal Tiger". The ganges dolphins & crocodiles are also living in the canals of Sundarbans. Chital is a one kind of spotted deer living in this forest. The rural life in the area of this coastal forest is also very attractive. They basically maintain their lives by collecting honey, woods and fishes. In the native language they are called as Bawali. I spent some days with them. Here I share some of my tour photographs of Sundarbans and Bawali -- Bawalis are preparing to cook in the jungle Look at the sky through green tree branches and leaves in the jungle Deep Inside The Mangrove forest Sundarbans Camera : SONY Model : DSC-W710 Location : Sundarbans, West Bengal, India Sna

Search This Blog