How to split and use Electrum BSV Wallet

ElectrumSV Wallet can only be downloaded from https://www.electrumbsv.org

When people have coins that existed before Bitcoin Cash became a differentiate blockchain from Bitcoin SV,
those coins are tied in on each blockchains. Anytime they are transferred in a wallet on one blockchain, that
movement can also send them on the other blockchain. Owners have had this unintentionally happen to them,
and the receiver has rejected to reimburse the money from the blockchain the user did not need to send on.
If you think you have unsplit coins in your Electrum bsv wallet, you can use ElectrumBSV’s coin-splitting
component to separate them. But remember that you are accountable for your own coins, you must confirm for
yourself that the dividing functioned. And if you are uncertain whether your coins need to be split, you can
continually split them anyway.

How does dividing perform?

The procedure is straight forward, if the coins are sent on Electrum BSV wallet in a way that is non-complementary with
Bitcoin Cash, then the coins are split. Any utilization of those specific coins that have been divide will from
then on be independent on both blockchain.
In order to keep it simple ElectrumBSV wallet, we only do the simplest instance. We make your wallet do a
installment to on its own that includes all the presented coins inside of it in a way that should be appropriate on Bitcoin
BSV and not Bitcoin Cash. This results in one individual split coin combining all the specific coins that you
received in your wallet prior to the split.

The way you divide your coins

Sadly, all the coins in the wallet utilized there are previously separate. So the following is simply supposed
through the procedure to show you how it work. You can look at that this wallet consists of a smaller quantity of
Bitcoin SV.

Let’s start by transforming to the coin-splitting tab:

When you are lookin at the coin-splitting tab, you have a pair of possibilities. Either direct splitting or faucet
splitting. We encourage the straight splitting, and do not actually supporting the faucet splitting any more.
Lead dividing does not function for hardware wallets, which because of to built-in limits can only work in
straight forward ways.

Pressing on the direct splitting link will inquire you for your pass word. You will read that the balance of the
dividing transaction is the balance of the out there coins in the wallet.

Once you enter your security password, it will log and broadcast your transaction. This will happen rather
at a fast rate, and as soon as it is completed you will witness a dialog allowing you find out the splitting transfer was
aired.

You can now go straight back to the bsv electrum wallet track record tab and see the splitting transaction there,
that has an automatic definition noticing what it was created for.

The bsv wallet background page with the splitting matter.

The theory is that, your coins need be split up. But again, you are reliable for utilizing them safely and you should
ensure that they are quite split.

Ensuring your coins are split

BSV electrum wallet Bitcoin is complicated, and so as to really know for yourself that your coins are
split up, you must to have certain level of technological insight. It’s a lot better to just deliver them to
distinctive places on both the blockchains, specifically secure areas like your own wallet’s receiving addresses
and see that they get there – so just make this happen!

Right here is a proven way to practice it:

Do a straight break in BitcoinBSV wallet.
Open your Bitcoin Cash wallet using the cash that had been connected to Bitcoin BSV, your you just split in
ElectrumBSV.
Produce a newer vacant Bitcoin Cash wallet.
Send the coins in your active Bitcoin Cash wallet to the latest Bitcoin Cash wallet.
You could then note that your Bitcoin Cash is in a newer clean wallet, plus your Bitcoin BSV is in the existing
wallet. Neither of them relocated mainly because the other transferred, but instead both were relocated by you. You might
question the reason why you need to create a secondly Bitcoin Cash wallet, and the explanation is that this ensures that
your Bitcoin BSV and Bitcoin Cash are utilizing a variety of keys and it both of the facilitate confirm they are unlinked and
grants you better stability heading ahead.

Hardware wallets are incredibly restricted tools with nothing flexibility. They just assist specific kinds
of transactions to be authorized, and this particular should not come with the kind that the straight dividing means utilizes.
When you yourself have a hardware wallet, you may try and make use of faucet breaking. Faucet splitting runs by putting a
a compact Bitcoin BSV coin to your wallet, then mixing up all the available to you coins in your wallet with that
Bitcoin BSV coin. This causes a new Bitcoin BSV coin which is of course incompatible with the Bitcoin Cash
blockchain, and so the coins in the wallet have been split.
Then again, if the faucet is not working you can find a person to submit you a really little quantity of
Bitcoin BSV and you can complete the same benefit your self by sending all the coins in your very own wallet to one particular
of your obtain details (such as that extremely tiny quantity of Bitcoin BSV).

Growing distinctions around blockchains

Available are an growing range of changes anywhere between Bitcoin Cash and Bitcoin BSV. And it is effective
application to separate your coins really in case you lose your Bitcoin BSV when delivering your Bitcoin Cash, or drop
your Bitcoin Cash once forwarding your Bitcoin BSV, it is perhaps learning to be smoother to abstain from it.

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