Post
Topic
Board India
Re: Zebpay Hard Fork Question
by
newinbtc
on 25/03/2017, 17:54:38 UTC
I have my bitcoin in Zebpay wallet .What will happen to them if hard fork happens? I have only small amount and need them handy for some quick transactions so I dont keep them anywhere else.
Where should I move them before fork?



Basically it depends where your wallet/coins are.

1. If you use a online wallet/service, you are locked into chain that they choose.  Your coins will be valid still but on that single new chain.

2. If you use a wallet you control, depends on what chain you connect to.  But, just using a local wallet, or a hardware wallet, at least you'll in time be able to choose a chain or other wallet provider you chose by configuration or by restoring your private key seed to a service on the chain you want to transact on.

Technically you could on both I guess if they remain forked after a while and there is not safeguards in place by exchanges/exit ramps to broadcast on both.