No matter what happens in November’s Segwit2x bitcoin fork, the BTC.com wallet keeps your funds safe with replay protection on both chains.
With talks of the upcoming November bitcoin fork, many users are wondering what will happen to their funds. Since this fork is very different from August’s Bitcoin Cash (BCC) fork, we wanted to take a moment to say that BTC.com has taken proactive measures to ensure that all of our users, on both sides of the chain, will be safe.
One key concern connected to the upcoming fork is the threat of replay attacks. Unlike the Bitcoin Cash fork, neither side of November’s fork will have replay protection implemented. This leaves the task to wallet and exchange providers.
If you have a wallet that does not have replay protection implemented, you may be at risk of your transaction being “replayed.” This means that if you paid your friend 1 BTC on Blockchain A, you might find that this transaction will also appear on Blockchain B.
Get replay protected with BTC.com
We are determined to keep our growing customer base safe throughout the upcoming fork. To do this, we will implement wallet-side replay protection on behalf of our wallet users.
BTC.com wallet users will be able to safely spend bitcoin following the fork, without the fear of having them replayed.
BTC.com was one of the first wallet services to offer support tools for Bitcoin Cash (BCC), and moving forward we will continue to take a proactive approach.
To ensure your bitcoin will have replay protection, make sure to store them in a BTC.com wallet (or another replay-protected service) before the fork in November.