On October 24, bitcoin went through a hard fork and split into two separate chains: bitcoin (BTC) and Bitcoin Gold.

If you had bitcoin in your BTC.com wallet before block 491407 was mined, you have the same amount of Bitcoin Gold as bitcoin.

After careful consideration, we decided that we will not incorporate Bitcoin Gold into our wallet. We will, however, provide a means of recovering the Bitcoin Gold to another supporting wallet address, if the blockchain fork stabilizes. This is only the case if Bitcoin Gold adds replay protection.

Danger of missing replay protection

Bitcoin Gold’s lack of replay protection can lead to losing bitcoin during transactions. To summarize, once a transaction is sent out on one blockchain (e.g. sent to an exchange), the probability exists that the transaction will be replayed/rebroadcast on the other blockchain. You might unwillingly send out your bitcoin when you only aim to send out Bitcoin Gold.

What can you do?

Because you, as a BTC.com user, own your private key, you are always the owner of your coins. You can choose to move your bitcoin to any designated Bitcoin Gold wallet, but you must be aware of the associated risk of losing your bitcoin or Bitcoin Cash in the process.

We aim to create a secure extraction tool for Bitcoin Gold, but that’s only possible if Bitcoin Gold adds replay protection to its code base. Follow us on Twitter to stay updated!

If you have any questions or feedback, please send us an email to support@btc.com.



Statement regarding Bitcoin Gold was originally published in The BTC Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

Source

https://blog.btc.com/statement-regarding-bitcoin-gold-c9f042f9497f

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