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BRC bros are telling #BSV #Bitcoin users to enter their ElectrumSV seed phrase into the BRC portal to "migrate" them to BRC-100. There is absolutely no need for an Electrum user to ever do this and its a huge security risk. This is foolish and not what seed phrases... show more
41 Kommentare

I am never trusting Babbage with my bags. BRC100 should be considered for BRC100 apps. You really don't need to migrate your entire bags to BRC100. If you want to use BRC100 apps, just open a BRC100 wallet and send a couple dollars worth of BSV to try BRC100 out. Never ever trust a centralized entity - that does not run pure open source code - with all of your coins. Stay safe, don't migrate.

It’s not malicious, but you’re right that it’s unnecessary. Some people really hate that scanning, indexing and serving data is necessary for certain security and UX decisions. I believe that pure P2P/SPV and a server/client model are both necessary.

this is an iq test. remember when jek loo warned all the ways they were going to steal your bitcoin pre-hyperbitcoinization?

This is honestly wild. Can't even believe this.

@JeffWGates You’re feeding into an intellectually dishonest narrative:

@JeffWGates Everyone can smell you as scammers right now and everyone is calling you out. If you want people to respect your projects and trust you, you would stop this nonsense.

@JohnLeeCash how bout fuck no

Never touching anything that babbage is involved.

They create more problems than solutions.

That sounds like an unnecessary extra step when you can just send any amount you want to any wallet you want.

Exactly, but they don't support Bitcoin addresses or something?

So they want you to store your coins with their product, but they don't want you transacting however you want? How is that different from Epstein's "store of value" coin?

They are telling us that they will keep us safe from the big blocks.

@Deadbeat1000 Well it’s a life choice. But agreed there is no need. If you want BRC100 compatibility then just start a new wallet. That said there are different users and use cases for ElectrumSV and certainly for those wallets which are small daily wallets this option would be appreciated.

@Deadbeat1000 Users are constantly DMing me because of \BRC bro narratives thinking they are going to lose their coins. They are going to scare users into putting their seed into this stuff and cause people to lose coins. Then I'll be on tech support with everyone trying to save their coins.

Thought experiment: If you built a tool to migrate people from the Peacock Wallet (BRC100) into ElectrumSVP … and then there were a theoretical critical flaw in your implementation (maybe like Coldcard) … What would stop them from migrating anyways? What would “tech support” look like for your coins? I mean, it’s just like … none of that is how a permissionless system works. People just… do what they’re going to do, come to their own conclusions. Speak their minds, and use their influence. I respect your freedom, and I respect everyone’s freedom to choose. But … I also truly believe, and I’m far from alone in this … that your model won’t and CAN’T last or scale forever. I am sorry if that offends you. It is an engineering assessment, not an ideological, philosophical, or personal one. So reflect. Don’t tie all this up with your identity. Everyone: Look at the code. The protocol. Appreciate all sides to the best of your capability. Then make your own determination. And follow it, even when there are times it’s DIFFERENT than my own “engineering assessment.” That’s the ONLY path where … #BSV wins 💪

@digitsu @Deadbeat1000 We have premission to call you out as scammers too. You can ruin your reputation and credibility. This is actually good for Electrum and bad for BRC-100. People are starting to see how amateurish this all is.

@ProjectBabbage @digitsu @Deadbeat1000 Continue with the fire. It is beneficial to the ecosysyem ;)

@ProjectBabbage @digitsu @Deadbeat1000 I just want to use Bitcoin, but people want to be obstacles continually.

@ProjectBabbage @digitsu @Deadbeat1000 How to integrate marketplace in electrumsv?

@ProjectBabbage @digitsu @Deadbeat1000 There are probably ways. Businesses could easily fork Electrum and add on all kinds of interesting things into the wallet.

This group of people right here hate Bitcoin.

no migration should ever need a seed phrase. that warning is worth repeating until everyone hears it.

Red flag.

BS, I non technical user need to be able to recover should the unthinkable happen. And I don't want thousands of wallets! This work is exactly what I need to confidently use BSV. Well done @ProjectBabbage team!

@ProjectBabbage Any Electrum user can recover their funds from a seed phrase using Electrum. BRC bros have no business trying to mess with other people's projects and reduce security for naive users, just to try to "migrate" and steal users. This is unprofessional.

@ProjectBabbage Jyst, it is not your wallet, it is mine. And in your model, you are a single failure point. I need resilience, options should a wallet type go down. It is serving users. I encourage Electrum to offer equivalent metanet wallet recovery. Interoperability would be even better.

Users deserve choice, and all the code is public for anyone to inspect. And do as they so choose.

I hope you will remove ElectrumSV from your list. This is harming the ecosystem. The Electrum project does not want user to do foolish things with their private keys. Mind your own business and your own project and leave others alone.

I have some BSV "in" ekectrumsvp but I haven't seen any BRC100 app I wanted to use tbh

I think we really need to be bringing people in from outside. New BSV users

better just start a new wallet

Peaks a troughs, peaks and troughs

It is a clown show the bsv wallet dillema , so is brc 100 not a good wallet? Currently using yourswallet after brc 100 migration

All of this to avoid creating a way to scale UTXO picking. I already solved this with Compute and picking logic. It’s all written in the Compute White paper. You can find it on landing page.

Oof

bsv20

There could be BRC100 apps I don't know about though.

I help many people with E. wallets, your able to have your public, private and master keys, and the ability to recover your own coins. The responsibility should be on you to keep your keys safe. And they even said before the clip ended that they are not responsible for lost coins

to the moon

This is the future. Options are good.

