How to Prepare for the Litecoin Cash Challenging Fork
The Crypto Dad exhibits you how to prepare for the Litecoin Income difficult fork. We are going to move some Litecoin into a compatible wallet. So I will make clear how to download, confirm, and install the Litecoin Core wallet. Following that, we will move some Litecoin into the wallet.
We are going to maintain the Litecoin in the wallet until finally the challenging fork date. Then we will move the Litecoin back out right after the hard fork date.
PLEASE MAKE Certain YOU MOVE YOUR LITECOIN OUT OF THE WALLET Before Attempting TO Declare YOUR LITECOIN Money (Right after THE FORK DATE WHICH WILL BE About FEB 18, 2018)
Here is a statement taken right from the Litecoin Income site:
IN ALL Instances: Practice protected forking. That signifies you have to never ever paste personal keys that hold dwell money into ANY website or wallet in purchase to claim fork coins — like ours. Right after the fork, Very first move your LTC to a new address, THEN use the private essential from the “previous” deal with to declare your LCC.
New social Media backlinks!
Uncover out far more about Litecoin here: https://litecoin.org/
You can discover the Ledger Nano S right here: https://www.ledgerwallet.com/items/ledger-nano-s
The verification methods are performed with the following software:
Gpg4Win for verification of cryptographic signatures: https://www.gpg4win.org/
And the MD5 & ShaSum Checker for verifying the 256 hash:
If you want to encrypt your USB flashdrives, I advocate VeraCrypt:
If you would like to get began purchasing Litecoin, one particular of the simplest techniques is opening a Coinbase account.
You can set up a set up a Coinbase account at:
You can set up Coinbase Account here (This is my affiliate link):
I recommend setting up a GDAX account to save costs on transfers
Set up GDAX:
Relevant movies on my YouTube Channel
How to set up a Coinbase account: https://youtu.be/odV2XE0B6fo
How to allow 2-issue authentication on a Coinbase account: https://youtu.be/EAnM3hOiZCg
You can also download the Coinbase App:
For IOS: https://itunes.apple.com/us/app/coinbase-purchase-bitcoin-more/id886427730?mt=eight
For Android: https://play.google.com/store/apps/details?id=com.coinbase.android&hl=en
I highly advise the Google Authenticator app for further protection on your Coinbase account:
For IOS: https://itunes.apple.com/us/app/google-authenticator/id388497605?mt=8
For Android: https://play.google.com/retailer/apps/details?id=com.google.android.apps.authenticator2&hl=en