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RE: Nandibear - free Bitcoin Cash 0.01 BCH giveaway #20

in #bitcoincash5 years ago

Wow....that explains the mystery of number 16 and 19. Thank you for letting us know. On a different note, about tomorrow's hardfork is bitcoin.com wallet supporting it, should we leave our coins on there?

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You're very welcome @practicaleric. When a hardfork occurs the keys are the same for each chain. So you can keep your BCH at the same address, or addresses, which were generated within your Bitcoin.com wallet app. The Bitcoin.com wallet is a non-custodial wallet. To be clear, you own the private keys and Bitcoin.com does not have access to your private keys. Please make sure you have written down, in correct order, your 12 backup phrase (also known as a mnemonic or seed words) somewhere safe (pen and paper). Please keep in mind if you have more than one BCH wallet within the Bitcoin.com app each will have it's own backup phrase (so please write them all down). Those 12 words can be used to generate, in order, all of your private keys.

Thank you for your excellent response. I just backed up my wallet and wrote down the 12 words. Can you believe I hadn't done that. There are so many things I still don't know about cryptos in general. I have found some youtube videos on the hard fork that I will watch later tonight. Lets keep our fingers crossed 😀

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