Post
Topic
Board Development & Technical Discussion
Re: Layman Terms - November Bitcoin Fork
by
d5000
on 12/10/2017, 17:46:59 UTC
I'm learning something new! Interesting.

So hypothetically if I have for example, 5 bitcoin in a personal wallet such as blockchain.info or some other private wallet, will the new BTC altcoin appear in this wallet as well?

That depends on the wallet you are using. Most likely you must do something actively to "claim" your new altcoins - the most common way is installing a "forkcoin client" and import the private key there. But you can do that whenever you want, there is no deadline (so there is no need to hurry).

Only if you are using a centrally controlled online wallet like Coinbase and the company has explicitly stated that it will support both coins and credit them automatically, then you will receive the coins without having to do nothing. That happened at some exchanges (e.g. Bittrex) when Bitcoin Cash forked.

(But you really shouldn't use such services. Electrum, for example, is almost as easy to use as blockchain.info.)