Review: The Free Bitcoin Faucet

Spent the entire night reading this sub. Any tips on how and where I can start with bitcoin?

Hey guys,
First of all great subreddit, I spent 5 hours looking through every single post and comment and now feel very inspired to buy and hold BTC. I’m so new to all of this, and just don’t know how to start and get my foot in the door. Any suggestions on how much to purchase, and from where?
I was thinking of straight up buying $5000 worth of bitcoin now but then read about DCA and not sure if I should just make it a goal to buy consistently every week. Hope I’m making sense, any tips and tricks would be greatly appreciated!!
Edit: I’m located in Australia if that changes anything
submitted by joanne1996 to BitcoinBeginners [link] [comments]

Windows / Linux Guide to using Trezor with Bitcoin Core (HWI)

This is a guide to using your Trezor with Bitcoin Core. It may seem like more trouble than it's worth but many applications use Bitcoin Core as a wallet such as LND, EPS, and JoinMarket. Learning how to integrate your Trezor into a Bitcoin Core install is rather useful in many unexpected ways. I did this all through the QT interfaces, but it's simple to script. There is a much simpler guide available from the HWI github, and the smallest Linux TLDR is here
Unfortunately, I don't have access to a Coldcard or Ledger. I'm not sure how the setpin or -stdinpass parameters are handled on that HW.

( A ) Install TrezorCTL, HWI, and build GUI

You only need to set the wallet up once, but may repeat to upgrade

( A.I ) Download extract and install HWI

  1. Download and isntall Python
  2. Download https://github.com/bitcoin-core/HWI/archive/1.1.2.zip
  3. Extract it to a working folder (assumes C:\User\Reddit\src\HWI)
  4. Change Directory (cd) to working folder cd "C:\User\Reddit\src\HWI"
  5. Setup venv python -m venv .venv
  6. Enter venv .venv\Scripts\activate.bat 1
  7. Install dependencies python -m pip install -U setuptools pip wheel
  8. Install TrezorCTL python -m pip install trezor[hidapi]
  9. Install HWI python -m pip install hwi pyside2
  10. Download github.com/libusb/libusb/releases/download/v1.0.23/libusb-1.0.23.7z
  11. Extract MS64\dll\libusb-1.0.dll from the archive
  12. Copy to pywin copy libusb-1.0.dll .venv\Lib\site-packages\pywin32_system32\

( A.II ) Build the QT UI files

  1. Download and install MSYS2
  2. Launch a mingw64.exe shell
  3. CD to working folder cd "C:\User\Reddit\src\HWI"
  4. Enter venv source .venv/Scripts/activate 1
  5. Run UI build bash contrib/generate-ui.sh

( B ) Create a Trezor wallet in Bitcoin Core (testnet)

You only need to set the wallet up once, no private key data is stored, only xpub data

( B.I ) Retrieve keypool from HWI-QT

  1. Launch hwi-qt.exe --testnet (assuming testnet)
  2. Click Set passphrase (if needed) to cache your passphrase then click Refresh
  3. Select you trezor from the list then click Set Pin (if needed)
  4. Ensure your Trezor in the dropdown has a fingerprint
  5. Select Change keypool options and choose P2WPKH
  6. Copy all the text from the Keypool textbox

( B.II ) Create the wallet in Bitcoin QT

  1. Launch Bitcoin Core (testnet) (non-pruned) 2
  2. Select Console from the Window menu
  3. Create a wallet createwallet "hwi" true
  4. Ensure that hwi is selected in the console wallet dropdown
  5. Verify walletname using the getwalletinfo command
  6. Import keypool importmulti '' (note ' caging)
  7. Rescan if TXNs are missing rescanblockchain 3

( C.I ) Grab Tesnet coins

  1. Select the Receive tab in Bitcoin Core (testnet)
  2. Ensure that the Wallet dropdown has hwi selected
  3. Select Create new receiving address and copy address
  4. Google "bitcoin testnet faucet" and visit a few sites
  5. Answer captcha and input your addressed copied from C.I.3

( D ) Spending funds with HWI

This is how you can spend funds in your Trezor using Bitcoin Core (testnet)

( D.I ) Create an unsigned PSBT

  1. Select the Send tab in Bitcoin Core (testnet)
  2. Ensure that the Wallet dropdown has hwi selected
  3. Verify your balance in Watch-only balance
  4. Rescan if balance is wrong (see B.II.7) 3
  5. Craft your TXN as usual, then click Create Unsigned
  6. Copy the PSBT to your clipboard when prompted

( D.II ) Sign your PSBT

  1. In HWI-QT click Sign PSBT
  2. Paste what you copied in D.I.6 in PSBT to Sign field
  3. Click Sign PSBT
  4. Copy the text for PSBT Result

( D.III ) Broadcast your TXN

  1. Select the Console window in Bitcoin Core (testnet)
  2. Ensure that the Wallet dropdown has hwi selected
  3. Finalize PSBT: finalizepsbt
  4. Copy the signed TXN hex from the hex field returned
  5. Broadcast TXN: sendrawtransaction

Final Thoughts

I did this all through the GUI interfaces for the benefit of the Windows users. Windows console is fine, but the quote escaping in windows console is nightmarish. Powershell would be good, but that throws this on a whole another level for most Windows folks.
There is also the need to use HWI-QT due to a bug in blank passphrases on the commandline. You can work around it by toggling passphrase off or on, but again, it's more than I wanted to spell out.
Footnotes:
  • 1. - Later version of python put the activate script under 'bin' instead of 'Script'
  • 2. - You can run pruned, but you need to have a fresh wallet
  • 3. - Rescan is automatic on 'importmulti' but I was pruned so it was wierd
submitted by brianddk to Bitcoin [link] [comments]

Windows Guide to using Trezor with Bitcoin Core (HWI)

This is a guide to using your Trezor with Bitcoin Core. It may seem like more trouble than it's worth but many applications use Bitcoin Core as a wallet such as LND, EPS, and JoinMarket. Learning how to integrate your Trezor into a Bitcoin Core install is rather useful in many unexpected ways. I did this all through the QT interfaces, but it's simple to script. There is a much simpler guide available from the HWI github, and the smallest TLDR is here

( A ) Install TrezorCTL, HWI, and build GUI

You only need to set the wallet up once, but may repeat to upgrade

( A.I ) Download extract and install HWI

  1. Download and isntall Python
  2. Download https://github.com/bitcoin-core/HWI/archive/1.1.2.zip
  3. Extract it to a working folder (assumes C:\User\Reddit\src\HWI)
  4. Change Directory (cd) to working folder cd "C:\User\Reddit\src\HWI"
  5. Setup venv python -m venv .venv
  6. Enter venv .venv\Scripts\activate.bat 1
  7. Install dependencies python -m pip install -U setuptools pip wheel
  8. Install TrezorCTL python -m pip install trezor[hidapi]
  9. Install HWI python -m pip install hwi pyside2
  10. Download github.com/libusb/libusb/releases/download/v1.0.23/libusb-1.0.23.7z
  11. Extract MS64\dll\libusb-1.0.dll from the archive
  12. Copy to pywin copy libusb-1.0.dll .venv\Lib\site-packages\pywin32_system32\

( A.II ) Build the QT UI files

  1. Download and install MSYS2
  2. Launch a mingw64.exe
  3. CD to working folder cd "C:\User\Reddit\src\HWI"
  4. Enter venv source .venv/Scripts/activate 1
  5. Run UI build bash contrib/generate-ui.sh

( B ) Create a Trezor wallet in Bitcoin Core (testnet)

You only need to set the wallet up once, no private key data is stored, only xpub data

( B.I ) Retrieve keypool from HWI-QT

  1. Launch hwi-qt.exe --testnet (assuming testnet)
  2. Click Set passphrase (if needed) to cache your passphrase then click Refresh
  3. Select you trezor from the list then click Set Pin (if needed)
  4. Ensure your Trezor in the dropdown has a fingerprint
  5. Select Change keypool options and choose P2WPKH
  6. Copy all the text from the Keypool textbox

( B.II ) Create the wallet in Bitcoin QT

  1. Launch Bitcoin Core (testnet) (non-pruned) 2
  2. Select Console from the Window menu
  3. Create a wallet createwallet "hwi" true
  4. Ensure that hwi is selected in the console wallet dropdown
  5. Verify walletname using the getwalletinfo command
  6. Import keypool importmulti '' (note ' caging)
  7. Rescan if TXNs are missing rescanblockchain 3

( C.I ) Grab Tesnet coins

  1. Select the Receive tab in Bitcoin Core (testnet)
  2. Ensure that the Wallet dropdown has hwi selected
  3. Select Create new receiving address and copy address
  4. Google "bitcoin testnet faucet" and visit a few sites
  5. Answer captcha and input your addressed copied from C.I.3

( D ) Spending funds with HWI

This is how you can spend funds in your Trezor using Bitcoin Core (testnet)

( D.I ) Create an unsigned PSBT

  1. Select the Send tab in Bitcoin Core (testnet)
  2. Ensure that the Wallet dropdown has hwi selected
  3. Verify your balance in Watch-only balance
  4. Rescan if balance is wrong (see B.II.7) 3
  5. Craft your TXN as usual, then click Create Unsigned
  6. Copy the PSBT to your clipboard when prompted

( D.II ) Sign your PSBT

  1. In HWI-QT click Sign PSBT
  2. Paste what you copied in D.I.6 in PSBT to Sign field
  3. Click Sign PSBT
  4. Copy the text for PSBT Result

( D.III ) Broadcast your TXN

  1. Select the Console window in Bitcoin Core (testnet)
  2. Ensure that the Wallet dropdown has hwi selected
  3. Finalize PSBT: finalizepsbt
  4. Copy the signed TXN hex from the hex field returned
  5. Broadcast TXN: sendrawtransaction

Final Thoughts

I did this all through the GUI interfaces for the benefit of the Windows users. Windows console is fine, but the quote escaping in windows console is nightmarish. Powershell would be good, but that throws this on a whole another level for most Windows folks.
There is also the need to use HWI-QT due to a bug in blank passphrases on the commandline. You can work around it by toggling passphrase off or on, but again, it's more than I wanted to spell out.
Footnotes:
  • 1. - Later version of python put the activate script under 'bin' instead of 'Script'
  • 2. - You can run pruned, but you need to have a fresh wallet
  • 3. - Rescan is automatic on 'importmulti' but I was pruned so it was wierd
submitted by brianddk to TREZOR [link] [comments]

Just can't figure out splitting


Ok so im not the most technically minded person even though ive been involved in crypto for a long time so forgive my ignorance.
During the bitcoin cash hardfork I had a number of bch sitting on my trezor. I read and reread the documentation about how to do the split using the electrum cash wallet: https://wiki.trezor.io/How_to_split_and_send_your_Bitcoin_Cash_forks I didnt feel confident as it seemed confusing. I'd asked a number of 'crypto businesses' in London and online for assistance over the last 18 months. I offered to pay for their time but no-one either could or would help. So I tried to follow the instructions but I was unable to find SV chains either automatically or by entering them manually
I had transferred all my bch to the electrum cash wallet by this time. Unable to follow the instructions I foolishly downloaded the electrum sv wallet, set it up and sent the funds there. The electrum sv wallet shows the correct balance and says its connected but when Ive attempted to send funds it sends me to: https://faucet.satoshisvision.network to gather some dust from a faucet (wtf) and then shows some kind of error message. -Ive clearly not split the coins correctly-
I did yet another deep dive on google and found that exodus wallet claims they can do the split with a couple of clicks. I then somehow transferred my bch to the exodus wallet from my trezor wallet (though I thought I had already sent them to electron cash). The bch shows up fine in Exodus but when I attempt to claim bitcoin sv it says: Unfortunately you do not have any Bitcoin SV.
Ive not tried to exchange the bch on exodus in case that further complicates the issue.
I'm now in the position I feared even more stuck than before and still unable to claim the bsv. Can someone please help me get out of this uber confusing problem?
submitted by Kooky_Technology_226 to bitcoincashSV [link] [comments]

Referral Links

Note: the URLs below are intentionally not links, because reddit blocks posts with some links; copy & paste the URL into a new browser window. Let me know if one of the offers is expired; I can probably get a new one.
American Express Blue Business Plus, or any other Amex card: refer.amex.us/STEPHGAnTp
That's a universal Amex link; click "View all Cards with a Referral Offer" or "Explore other options" to see all the cards; or see direct links below.
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Fluz: joinfluz.app.link/FLUZ77
Chase Checking account: accounts.chase.com/raf/share/355088785
Plastiq: try.plastiq.com/1048197
DCU (Digital Federal Credit Union): send me a message with your email address
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Lyft: sg1234567
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Away (luggage): refer.awaytravel.com/v/away_11

Brinks prepaid mastercard & 5% savings account: brinksprepaidmastercard.com/get-a-prepaid-card/?aid=B_RAF_1&site_id=RAF_OAC_URL&uref=9079942135
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Netspend prepaid card & 5% savings account: mynetspendcard.com?uref=1394182596

Personal Capital: share.personalcapital.com/x/XD87nM
TradingView: tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=13733

Pei app: getpei.com/invite enter code: imkbip
Dosh app: link.dosh.cash/STEPHEG1 or code: STEPHEG1
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Shopkick app: getsk.co/cool014385 or code: COOL014385
ReceiptPal app: app.adjust.com/oqlq9t9?label=8RT7PR2
Grubhub: fbuy.me/kT5Mu
DoorDash: drd.sh/CFo8LW/
Freshly: send me a message and I'll give you a link
OhmConnect: ohm.co/ohmg1

BeFrugal: befrugal.com/referral/?ref=GASGOAF
Affinityy: affinityy.com/?ref=MTY2ODM=
TopCashBack: topcashback.com/ref/sgt7
Extrabux: extrabux.com/5cb27229d7
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Rakuten / Ebates rakuten.com/717813?eeid=28187
Giving Assistant: givingassistant.org/?rid=QjGx2mHU9l
iConsumer: iconsumer.com/tkJgfiO or code: tkJgfiO
Swagbucks: swagbucks.com/refesg77
SimplyBestCoupons: simplybestcoupons.com/?refid=60199
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GoCashBack: www.gocashback.com/1860530 or code JBYYVF
Fold: use.foldapp.com/Cv9HMujj (buy gift cards and get bitcoin back)
Lolli: lolli.com/ref/PjzxLWQJNg (portal that pays bitcoin)
Goodshop (cashback portal): www.goodshop.com/invite/4505068 (gives you a bonus based on cashback that people you refer earn)
Groupon: groupon.com/visitor_referral/h/4d0155fb-db60-413e-87ac-4fc26ef7fe05
Zola (create a registry and buy $50 from it, get $50 credit): www.zola.com/invite/zola20200414031329708
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Supercuts (we each get $5 off): supercutsrewards.com/short.php?code=1H1F
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Purple mattress: share.purple.com/x/pGCY9k
PlushBeds: refer.plushbeds.com/Stephen6

eToro exchange: etoro.tw/310eyDs
Gemini exchange: gemini.com/share/o24jdk
Coinbase: send me a message
Coinbase Earn (free EOS): coinbase.com/earn/eos/invite/pm1695kv
Coinbase Earn (free XLM): coinbase.com/earn/xlm/invite/vr821z4m
Voyager: go.onelink.me/4gTreferral?af_sub5=STESS7 or code: STESS7 (crypto broker; trade $100 and both people get $25 in BTC)
LVL exchange ($10 free bitcoin): lvl.co/qswwx6qb or invite code qswwx6qb
bitFlyer exchange (no bonus for you, gives me a small bonus): bitflyer.com/en-us?affi=n5sshohk
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Ledger hardware wallets: ledger.com?r=4ef2e7aeee27

Or if you just want to send me a donation:
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LTC: LR6hgNSy2ZkS7PHtAm1xcJmPy6YyQJha7d
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Card-specific American Express links (also see universal Amex link above, if one of these doesn't work):
Personal Amex cards:
Amex Blue Cash Preferred
Amex Blue Cash Everyday
Amex Cash Magnet
Amex Everyday
Amex Everyday Preferred
Amex Gold
Amex Platinum
Amex Delta Gold SkyMiles
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Amex Hilton Honors Aspire
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Business Amex cards:
Amex Business Gold Rewards
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Amex Blue Business Plus (BBP)
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Amex Lowe's Business Rewards
Amex Amazon Business Prime (I no longer have this card open, but the link still shows a bonus for you)
submitted by sg77 to u/sg77 [link] [comments]

What are the best sites to exchange cryptocurrencies?

8 Best Crypto-Trading Websites
1. Binance
Binance exchange now needs no introduction as it has been ruling the crypto market for months.
This exchange is good for beginners and advanced users alike. They also have an inbuilt option in their UI to switch between the two modes, a feature that makes their UI very user-friendly.
Also, you will never face a liquidity issue while using Binance because it constantly ranks in top 5 exchanges on CMC by volume.
In addition to that, if you use their native BNB tokens while trading you can have a discount of up to 50% in your trading fees, which is a big amount if you’re looking to become a full-time crypto trader. The sooner you start via BNB, the more you will save in the longer run. (Buy BNB tokens now)
And the coolest thing that I found was that they have the most advanced and easy to use mobile apps for trading cryptocurrencies on Android as well as iOS.(Android App | Download iOS App)
2. BtcNewz
Btcnewz is comes in top 10 websites. As a beginners view, their website is user friendly and easy to use.
They also offers bitcoin faucets by the name ESFaucets to make bitcoin for the newbies.
3. KuCoin
KuCoin is a brilliant crypto exchange that has been receiving a lot of traction over the last 6 months. The traction comes as no surprise given the team behind it and an easy to use & navigate UI.
In terms of volume too, it ranks in top 25 exchanges on CMC and has a programme in which they keep adding new coins/tokens on their exchange regularly.
Also, from a beginners point of view, KuCoin’s native token i.e. KuCoin Shares is good to HODL because that gives you extra smart passive income in the form of exchange fee. (Buy KCS Coins Now)
One unique thing that many newbies miss i.e. KuCoin is one of the few exchanges that pays you NeoGAS for holding NEO on it.
Use KuCoin Now
4. Changelly
Changelly is, without a doubt, one of the easiest to use cryptocurrency exchanges in the market. Via Changelly, you can simply send one currency and swap it for another supported currency.
It doesn’t require you to undergo the tedious KYC process but it does require you to sign-in with your email ID.
Currently, it supports more than 35 cryptocurrencies along with fiat pairs such as USD/EUR. Also, It is one of the best and easiest to use exchanges out there if you are looking to buy cryptocurrencies through debit/credit cards. If you want to know more, check out Harsh’s review on Changelly.
Lastly, Changelly charges a commission fee of 0.5% on each trade, which is minimal in exchange for the volatility and risk that they bear on behalf of their users.
If you want to use Changelly, head towards CoinSutra’s Cryptocurrency Exchange – Changelly, and follow the steps given in this guide.
Use Changelly Now
5. Coinbase
Coinbase is another popular Bitcoin and cryptocurrency exchange that one can use for buying/selling cryptos like Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.
You can deposit your fiat currency (USD, EUR, GBP etc) into Coinbase and easily collect your cryptocurrencies that you can later withdraw in a Ledger Nano S or Trezor-like device.
Coinbase also becomes handy because it allows you to buy cryptocurrencies via credit/debit cards. You can buy cryptocurrencies on Coinbase by following these simple steps:
(However, check if their service is available in your country here.)
  1. Register at Coinbase.
  2. Complete photo ID verification.
  3. Go to the payment methods page.
  4. Click on +Add Payment Method on the right-hand side.
  5. Choose Card and add the credit/debit card.
  6. Accept and allow Coinbase to make two small transactions.
  7. Coinbase will make two very small test transactions between 1.01 and 1.99 in your local currency. Log in to your card statement account and note the amount of those transactions.
  8. Enter the amounts transacted in the Coinbase app.
Use Coinbase Now
6. CEX.io
Bitcoin Exchange, Trading BTC USD, BTC EUR - CEX.IO is another reputed website for buying/selling cryptocurrencies for beginners because their UI is very easy to use and their past track record has been pretty good too.
CEX is a UK-based exchange and has been operating since 2013.
Similar to Coinbase, you can deposit fiat currencies like EUR, GBP, USD, RUB etc on CEX too and buy/sell cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Stellar, and Ripple.
In terms of liquidity too, they are doing well, not to forget that their main traffic is from fiat currencies. (They are in top 35 cryptocurrency exchange as per CMC).
Their feature of letting users buy cryptocurrencies via debit/credit card also makes it an easy to use option for many beginners.
You can buy cryptos by following these simple steps (taken an example of Ethereum):
The card verification takes 24-48 hours, but post that, you can buy ETH instantly. That’s why we recommend you that you keep your card configured in CEX even if you don’t have immediate plans to buy ETH.
Here is a video guide to help you on how to link a credit/debit card on Bitcoin Exchange, Trading BTC USD, BTC EUR - CEX.IO:
Also, they have wider coverage of countries than Coinbase with mobile apps for both Android and iOS versions.
7. BitMEX
BitMEX exchange is run be professional algo traders, developers and economists and hence is the busiest exchange you will find in the cryptocurrency realm.
Moreover, it provides all the tools and techniques for advanced as well as beginners to start trading cryptocurrencies.
On BitMEX you can trade following cryptocurrencies (& contracts) for these fiat currencies like US Dollar, the Japanese Yen, and the Chinese Yuan:
The registration process on BitMex is quite simple where you just need to register through your email ID and their fee structure is also quite straightforward as shown below.
8. Bitfinex
Bitfinex is one of the oldest players in the race of crypto exchanges for beginners. It is much like Bittrex but unlike it deals in fiat currencies like USD, EUR & GBP.
Bitfinex always has enormous volume so one need not worry about liquidity while buying or selling on this exchange as it always ranks amongst the top 10 on CMC.
Plus the exchange UI is clean and has sufficient instructions on each page that will help any noob to use it efficiently.
Also, to get started on Bitfinex, you need to register, verify your ID, and authenticate yourself. It typically takes 15-20 business days after submitting valid ID proof before you’re accepted into the platform.
Lastly, do check out their mobile apps (Android App | iOS App) because they are good enough to be used while trading on the go.
submitted by alifkhalil469 to BtcNewz [link] [comments]

Trouble Splitting Coins

I have tried to use the Electrum SV guide when splitting some test coins of Bitcoin Cash (https://bitcoinsv.io/coin-splitting-guides-for-bitcoin-sv/). I got an error message just after putting in the password (I was using a Trezor so the key for it). I am now not sure if the coins have actually split, nonetheless it seemed to continue with a transaction (which might just be the moving a bit of coin to the faucet). The wallet says "Electrum SV coin splitting: Dust from BSV faucet" but it does not say "Your Split Coins" as the guide suggests. It does give an amount at the bottom of the wallet in BSV. How can I verify this has worked or not? A bit worried to try and send the coins say to an exchange SV wallet to test in case there is some serious problem.
submitted by ProbisPateo to bitcoinsv [link] [comments]

Four steps to access and split BSV on Trezor (repost)

Everything is good... Trezor splits are straight forward. I did them last week. The method is easy, the explanation and disclaimers are hard. I'll switch to the simplest procedure I can muster..
  1. Use Electron-Cash (latest release) to create a wallet with your Trezor (pic).
  2. Get the next receiving address in EC (pic) and send all your existing BCH to it (make a new TXN).
  3. After 6 confirmations, click the "fork" icon and pick "1d95" branch for BSV (pic).
  4. Get the next receiving address that isn't [2] in EC and send all your existing BSV to it (make a new TXN).
Done!
Now the explanations are what trip people up. But ultimately I just did those 4 steps. Here are some explinations

STEP 1

You want to make sure you get the right EC release. This requires learning gpg and checking signatures. Basic security stuff, but can make some people glaze over. I've seen stats on the number of .exe downloads compared to the number of .sig downloads, and basically 90% of the people don't check.
Note: The cert stats named above are only good till June 2019, after that they will change, so be aware of the age of this post.
You might also want to make two separate data directories with EC with two separate wallet files for BCH and BSV. A bit of extra work, but saves you from constantly having to switch forks. Just select the "Follow this" option once and it will stick.
You might also want to learn some of the Electrum (parent of Electron) config syntax. You can use this knowledge to put in BSV and BCH hosts to ensure you have both chains visible in the app.

STEP 2

As of today (Dec 7) Trezor makes BCH/BSV transactions that look the same. This isn't a problem if you send the funds to yourself (as I advise) but can be a problem if you send funds to an exchange. These are called "Replays" and it is why everyone is asking for "Replay Protection". There are tools that will ad a new BCH op-code to the BCH transaction so that the BCH and BSV transactions are less "replayable". You can implement a round-about form of reply protection by simply ensuring you understand how adresses work. This is why you should ensure that the addresses used in [2] and [4] are different and never used again on either chain. If you split the coins in [2] and [4] and ensure you never use the addresses [2] and [4] ever again, you are safe to send them to the exchange (step 5).

STEP 3

Technically the EC software doesn't know what BSV is. It just sees two BCH chains. When EC sees this it labels the two forks off of some hash or MRK tree. The hashes are known and published and unchanging so BCH is always "426..." and the BSV fork is always "1d9...". This is VERY important!

STEP 4

Did I mention that you should ensure that the "to" addresses for steps [2] and [4] are different, are your own, and NEVER get reused as another "to" address? If you EVER reuse these addresses you will break the replay protection provided in these 4 steps.

References

  1. Electron-Cash Fork Notice - This mentions a coin-slitter that ads new BCH-op-codes. I don't think Trezor supports these op-codes yet, or at least the EC team hasn't figured out how to code those op-codes into a Trezor TXN. Point is, the slitter can't be used with Trezor yet, which may be what OP is waiting on.
  2. PSA: How to split your coins with Electron Cash for people in a hurry. - Another split guide that you can use as a reference or background info. I didn't use this (and TLDR) so can't advise if it would work on Trezor.
  3. How to Safely Split BCH and BSV coins using Electron Cash (w/ pictures) - I used most of the pictures, but not the faucet... it was DDoS'd by the time I got to it. This procedure uses some of the new BSH op codes which I don't know if Trezor can spend yet. May be what OP was asking.
  4. PSA: How to split your coins using Electron Cash for people in a super hurry. - Good conversation about the chains and server selection. Not sure about spending tainted coins with Trezor yet (aka new OP-code). May be what OP was asking.
  5. If you want to dump BSV... some tips on splitting safely. Don't lose your BCH! - Some talk about how to do a LedgerHD split which should be the same-ish as a Trezor.
submitted by brianddk to TREZOR [link] [comments]

A few noob questions

1 ledger or Trezor, I have about 30 dollars of spendable cash
2 is bitcoinwallet.com legit? I have been using it for a while and know that it is not perfect, but what would you say would be a safe maximum to store in it?
3 do you know of any good bitcoin faucets? I use moonbitcoin
4 can I reuse a multibit hd wallet address?
5 if I order a transaction on multibit, but less/more arrives than I said would, will it still work?
6 explain the huge divide that's going on in bitcoin right now, something about block sizes, why does it matter so much, pros and cons of each solution that sort of thing.
7 how exactly does bitcoin minim work? I know that miners preform proof of work calculations, but what exactly is a block?
  1. How long will a bitcoin ATM transaction take?
  2. I have a computer (PC) I don't really care about, and I don't pay the power bill, is there any point whatsoever to try mining with it? What application/ pool should I join?
  3. If the main obstacle to profitably mining bitcoins is power cost, why don't companies just use solar panels or something?
  4. If a transaction does not go through, and bitcoin is returned, does it still get a transaction fee?
  5. As soon as quantum computing becomes practical, is bitcoin screwed?
  6. Will the bitcoin price continue to climb? Will it stay steady?
  7. Are wallet addresses derived from public keys?
  8. What happened with one coin?
  9. Are there any questions I am missing?
  10. How long do asic miners generally last?
  11. Will mining on a laptop really kill it?
  12. Can bitcoin update?
  13. Is it possible to send messages using bitcoin/blockchain tech?
  14. Assume infinite resources, any way to change or edit the blockchain?
  15. Just how hard is it to get a private key from a public key?
  16. Do you think dogecoin is really going to go to the moon?
  17. Is there a secure, anonymous altcoin?
24 if google teamed up their servers, could they mine bitcoin?
25 what is a node? Relay?
26 how large will transaction fees climb?
That's all for now, thank you for replying Reddit!
submitted by karnathe to BitcoinBeginners [link] [comments]

Why does the Trezor send change to an already used adress?

I'm doing this faucet like thing on a forum I frequent. It helps people understand Bitcoin and it helps me to understand my new Trezor. Anyway, I came across this behavior from the Trezor that I find slightly peculiar.
The following adress is mine: https://blockchain.info/address/1Cnkv5QMqwQw2hA52NecvBKA9gd1dvfr4b
I used that adress to make a transaction to one guy. The change of that transaction went to the following change adress: https://blockchain.info/address/1BdpVdn45s8hgH86inMnK8rJeesdN3WWP3
Here is the peculiar behavior. When I made the next transaction, the Trezor used the same adress for the new change, when it would be far better for privacy to use a new change adress. See this transaction where one output is the same as the input: https://blockchain.info/tx/8bc37d89e0ea575d2f9959a7f6cd036cbd864aefce8fe435c083966d21ffc257
I understand that the trezor generates the change outputs itself rather than to rely on an external source, and it doesn't have access to the blockchain, so it can't check whether an adress has been used or not. But in this case the Trezor knows the input is already used (or the transaction is invalid) so it seems like it should be able to generate a second change adress from the first one. Why doesn't it?
submitted by 3_Thumbs_Up to TREZOR [link] [comments]

Btc transactions .. easy, fast, cheap?

Btc transactions .. easy, fast, cheap?
All those sites (look for instance at faucet sites) that still proclaim that Bitcoin is an easy, fast, cheap, secure and anonymous way to transfer money are obviously outdated. You can see they only copied content a while ago and never looked back, never updated their site. Well, let’s start with easy.
You have to set up a wallet first. Web and/or exchange wallets are quite easy, but they are not under your control. It does not matter what they say, there are no guarantees they won’t access your data and empty your wallet. Well, it isn’t even your wallet actually. If you do not have total and singular control of your private keys, your money is not safe. So you have to download and install a wallet, something like let’s say electrum. Not difficult to install but you will have to familiarize with a lot of terms that go with it. If nothing goes wrong, it’s actually easy to use, but as you know, nothing goes easy these days with btc transactions so you will have to dig into terms like mempool, utox, txid, unconfirmed parent etcetera. Transactions disappear, come back again, fees are low etcetera, etcetera.
Fast and cheap
It is only fast if you don’t mind paying like $30 for a small transaction and/or pay for an acceleration service and even then you will have to wait some time. If you do mind paying high fees, then you will have to look how to make your tx as small as possible so your sat/byte rate of the tx is as low as possible (but over 20) and be sure your total fee still is interesting for miners (let’s say over $1). After that you could look for a free acceleration service and it would take between 3 hours and 3 days before your tx comes through.
I use a spreadsheet with all my utox (they are like coins, all with different values) listed and accumulated. Below it I try to sum as little coins as possible to reach the desired amount. You have to take in account the fee as well. In electrum I click those coins (holding shift) and right click “spend”. That will give me a tx with its weight and fee. After trying a few times I decide on a mix of coins and do the transaction. After that I try a free acceleration service. Not quite easy, is it? Nor cheap, nor fast.
Secure
As we have seen, online wallets are not safe. Your best choice probably would be a light client software download, or even better, a paper wallet or a hardware wallet like LEDGER or TREZOR. I personally prefer the LEDGER wallet because I supports a lot of altcoins and I am not in a lot of ETH tokens (if you are, maybe TREZOR would be a better choice, but both are quite secure). The real security problem here is the backup. If your backup is not safe (or you lose it) you’re in problems.
Speaking about transaction security, how sure are you your coins will not just disappear? Supposedly transactions are quite secure but they can either execute or not. Some tx are simply not executed so you will not be sure until the tx has a few confirms, and as we know, that can take quite some time, and in the meanwhile .. If they are not executed, you will have to trust they will at some time appear again in your wallet.
Anonymous
Transactions are public so if there are enough tx from the same address, they could be traced. There is enough documentation about anonymity and Bitcoin.
So btc has mainly become a store of value. That is both good and bad news for altcoins. It is good news because it clears the way for “better” coins but the bad news is that mainstream adoption of the cryptocurrency flagship Bitcoin is far away.
submitted by thommynic to altcoininvesting [link] [comments]

11-19 04:32 - 'Anyone can recommend some great non-hardware wallets?' (self.Bitcoin) by /u/azuresunshine removed from /r/Bitcoin within 0-7min

'''
I don't have much bitcoin, only about 0.002 on coinpot from faucet claims. I've been planning on buying more since it seems like a great investment, and I've read here that you do not actually own the bitcoins if you don't have the private keys (which I don't). So I'm planning on a switching to an actual trustworthy wallet that wouldn't require me to spend a hundred dollars like Trezor does.
'''
Anyone can recommend some great non-hardware wallets?
Go1dfish undelete link
unreddit undelete link
Author: azuresunshine
submitted by removalbot to removalbot [link] [comments]

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