Crypto Journal Log ((( Market Watch :: LTC Fork:: 2.17.18:9.00a )))

in cryptocurrency •  7 years ago 

Here is some good information about the upcoming LTC fork, which I plan on participating in

https://cryptovest.com/news/litecoin-hard-fork-coming-heres-how-to-split-coins-safely/

Follow these steps to ensure you are safe from wallet theft:

  1. Create a brand-new wallet where you hold the private keys, whether with a wallet.dat file, or 12-word seed phrase.
  2. Move as much LTC as you want to that address and wait for the time of the fork to pass.
  3. Empty the wallet and take your LTC to an exchange or your preferred storage solution.
  4. Use the empty wallet's private key to claim the new coins.

IMPORTANT: After that, do not use the old wallet, and consider it forever compromised.

litecoinfork.jpg:

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