How to Stay Safe From Replay Attacks!!
The BTG token may be susceptible to replay attacks
It is not advisable to rush and sell or send right away. We will be waiting for a week before deciding what next steps to take!
Important :
When the two blockchains cannot distinguish between your tokens you may accidentally send out your BTC and lose your original Bitcoin.
What is a Replay Attack?
A replay attack (otherwise known as a playback attack) is a network attack where valid data transmission is maliciously or fraudulently repeated or delayed.
Bittrex has issued this official warning:
Source: Coin Telegraph
A cold storage wallet is the most secure place to hold your digital assets. Using a wallet such as the Ledger or Trezor will protect your assets from hackers and forks!
Check out our review of these cold storage options:
http://arcanebear.com/the-best-bitcoin-wallets-ledger-nano-trezor-and-keepkey-review/
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Thank you for the great information and advice!
Glad you appreciate it :)
Important stuff, had to Resteem.
Thank you Randy!
Thanks for the information. I was going to move my assets from Bittrex to my Ledger, but now I think I will wait until someone sounds the All-Clear. Am I being prudent in doing so?
@retiredinsamar Yes that sounds like a good idea!
Thank you!