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Wallet bitcoin cash electrum

wallet bitcoin cash electrum

the same rules for both chains in Electrum, without significantly lowering the security of validation of legit Bitcoin transactions. Electrum is a Bitcoin wallet created by Thomas Voegtlin in 2011. It was first described by Satoshi Nakamoto in the original Bitcoin whitepaper. In particular, it assumes that both branches of a fork are valid from the perspective of a SPV wallet, because bitcoin historien they both follow the Bitcoin rules.

The purpose of MCV is to detect blockchain forks that would otherwise be invisible to the classical SPV model, and to let users choose between branches of such a fork. In particular, this feature has been designed to deal with the BIP148 soft fork, or the Segwit2x block size increase. Wait until your funds are confirmed in your new Bitcoin wallet, before you enter the old private key in a BCC wallet.

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There are already forks of Electrum doing that. They are never sent to the servers. About Electrum Cash The name "Electrum" has been visible on bitcoincash. SPV lets you validate your own transactions by ensuring they are confirmed in the blockchain. It would be possible to support BCC in Electrum, by modifying the difficulty rules we use for block headers validation, and the transaction creation rules. This means that Electrum will reject block headers sent by Electrum server running Bitcoin Cash, and that users will not be able to send and receive BCC using Electrum.

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