Instructions How to claim Bitcoin Cash
On August 1 2017, around 20% of Bitcoin Miners settled on the choice to "fork" the Bitcoin (BTC) Blockchain to make another digital money named "Bitcoin Cash" (BCC).
This isn't the first occasion when that individuals from the group have made another cryptographic money in light of the Bitcoin Blockchain and it stays to be seen whether BCC will be a major hit or fall by the wayside. You can read a little about Bitcoin Cash and the focal points its supporters feel it offers over standard Bitcoins on the Bitcoin Cash site.
For the time being, it's sufficient to realize that on the off chance that you had any Bitcoins at the time the Blockchain forked, you're qualified for assert an equivalent measure of Bitcoin Cash. As the estimation of the Bitcoin is dictated by free market activity you can't make certain that Bitcoin Cash will have the same USD/EUR/GBP conversion scale yet you don't have anything to lose by guaranteeing your BCC.
In this guide we will investigate right off the bat how to move your current Bitcoins to a protected place utilizing the astounding, lightweight "Electrum" wallet programming. You will then figure out how to introduce the 'Electron Cash' wallet. This product depends on Electrum yet intended for clients who need to hold and spend BCC particularly.
- Download Electrum
Keeping in mind the end goal to recover your Bitcoin Cash, you'll have to give the "Electron Cash" wallet with the current private keys to your Bitcoin Wallet. This is dangerous given that both the cash and the product itself is moderately new. Accordingly, you'll have to move your current Bitcoins (BTC) to a sheltered place first. Open the program on your machine and explore to the Electrum site.
Tap the "Download" tab. In the event that you are a Windows client pick the "Versatile" form of Electrum. Generally pick the rendition particular to your distro.
In the event that you happen to utilize the Electrum wallet programming to hold your Bitcoins as of now, utilize an alternate PC or a virtual machine to run these means.
2.Set up Electrum Bitcoin wallet
In case you're utilizing Microsoft Edge, spare the program, at that point click "Run" when the download is finished. Generally double tap to run the program from your Downloads envelope.
Leave the choice on the main window checked to default (auto associate), at that point click 'Next'. The following screen will request that you make a wallet record. Tap on "default_wallet" to change the name to something more paramount, for example, "transition_wallet" on the off chance that you wish.
Snap "Next" again and pick your wallet sort. Standard Wallet is presumably the most straightforward. The "Keystore" window will inquire as to whether you wish to make another seed. Leave this alternative checked and snap 'Next'.
3.Manage seed and set a password
Dissimilar to other Bitcoin wallet programs, Electrum associates with different servers which run a duplicate of the Bitcoin Blockchain. This makes it exceptionally lightweight as it doesn't need to download its own duplicate. You can get to your wallet on different PC utilizing your 'seed', a progression of twelve irregular lexicon words.
Record the seed that you see on a bit of paper and store it some place securely. This is vital to ensure that your Bitcoins are sheltered. Snap "Next" once you've done this and retype your seed into the case to affirm you have it noted accurately.
Snap "Next" at that point (alternatively) set a secret word for your wallet. Electrum will request this each time you begin the program the first run through and need to send an exchange.
4.Manage Electrum addresses
Electrum will now produce addresses for your new wallet. When it begins tap on the "Get" tab and locate a substantial address for this wallet where you can get coins e.g. 16VPngD7CQmAbCb1L4CEzrTnQq8p1VjfeU. Leave Electrum running. Open your unique wallet and send all your Bitcoins to this new address.
This is presently your new Bitcoin wallet and you should utilize this for all BTC related exchanges. Hold up until the point that the exchange is affirmed and your old wallet is vacant before continuing. You can utilize sites, for example, Blockchain to check the quantity of affirmations (sit tight for no less than 6).
5.Export private keys
Since your old wallet programming is vacant, you will require a rundown of any private keys it beforehand utilized. The Electron Cash programming can utilize these to reclaim your Bitcoin Cash.
The particular strides to do this will change from wallet to wallet. For example, on the off chance that you initially utilized Electrum to hold your Bitcoins, you can click Wallet > Private > Keys fare to spare them as a rundown in CSV arrange. On the off chance that you utilized a Bitcoin Paper wallet initially to hold your coins the private key is the long arrangement of digits and numbers along the front.
6.Download Electron Cash
Presently the time has come to recover your Bitcoin Cash. Ensure that you're utilizing a different PC or virtual machine to the one where your Bitcoin wallets are found.
In your web program visit https://electroncash.org. Windows clients may see a notice saying the site is dangerous. As your old Bitcoin wallet is void and you're utilizing a different machine, the hazard is negligible. Snap 'More Information' at that point 'Nonchalance and Continue'.
Tap the "Download" catch and after that on the form of Electron Cash for your OS. Windows clients may see a Windows Defender cautioning. Snap 'View Downloads' then 'Download Unsafe File' to proceed.
7.Set up Electron Cash
Run the Electron Cash program from the envelope where you downloaded it. The setup procedure is fundamentally the same as the Electrum wallet. Tap on "Next" to decide to 'auto interface', at that point on 'next once more' to make a default wallet. You can rename this to something significant, for example, "bcc_wallet" in the event that you incline toward. Snap "Next" once more.
On the "Keystore" window pick 'Utilize Public or Private keys', at that point click 'Next'. In the crate beneath glue any private keys utilized by your unique Bitcoin wallet. Ensure just to glue the private keys.
8.Enjoy your Bitcoin cash
The Electron Cash programming will now create your addresses and demonstrate your adjust in BCC at the base left. At this stage you might need to change the product marginally by tapping on the green system pointer at the base right.
The servers for BTC and BCC are gathered by a branch ID. Select the right branch (the one that has servers electrum-abc.criptolayer.net and electroncash.cascharia.com) by right-tapping on the right branch ID (that long number with the @ sign in it) and select 'Take after This Branch' in the popup menu that opens. This will guarantee that your wallet will just interface with servers which bolster Bitcoin Cash.