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The poisoning of Sergei and Yulia Skripal just slathered another layer of mystery on. The Guardian reports Anatoliy Chepiga and Alexander Mishkin, the two Russians suspected of attacking the father and daughter in Salisbury, England, in March 2018 with a Novichok nerve agent, may have had some off-site assistance. Investigators…
Cointext allows you to send bitcoin cash (BCH) to anyone with a mobile phone in the regions supported by the service even if you don’t have access to the internet. On a global scale, the availability of cheap devices can help many more people use cryptocurrency for payments via SMS text messages.
The Cointext SMS Bitcoin Cash Wallet
Cointext is a platform that enables users to transfer cryptocurrency using simple text messages. The mobile wallet service allows anyone with a basic mobile device to send funds via SMS to other phone numbers or bitcoin cash (BCH) addresses.
On the receiving side, people don’t need to download a wallet, install an app, set up an account or even have access to the internet. Users can set up new accounts just by sending ‘START’ to the Cointext access number in their region, with other actions similarly ordered by simply texting commands.
The Cointext service is growing in coverage areas around the world and is already supported in over 40 markets. These include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, Colombia, Croatia, Czechia, Denmark, Dominican Republic, Estonia, Finland, France, Germany, Hong Kong, Hungary, Ireland, Israel, Italy, Jersey, Latvia, Lithuania, Mexico, Netherlands, Norway, Philippines, Poland, Portugal, Puerto Rico, Romania, Slovenia, South Africa, Spain, Sweden, Switzerland, Taiwan, Turkey, UK, Ukraine, and the USA. Check out the website for details and access numbers in your area.
Earlier this year Cointext has also added support for the BIP70 payment protocol, this means that users can now pay Bitpay invoices using the text messaging service.
What do you think about the ability to send BCH via text messages? Share your thoughts in the comments section below.
Images courtesy of Shutterstock.
Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH, and other coins, on our market charts at Bitcoin.com Markets, another original and free service from Bitcoin.com.
The post How to Send Bitcoin Cash via Text Messages to Anyone With a Mobile Phone appeared first on Bitcoin News.
President Trump and Russian President Vladimir Putin spent more than an hour on the phone Friday conferring about various international issues—and also, Robert Mueller’s investigation. “We discussed Trade, Venezuela, Ukraine, North Korea, Nuclear Arms Control and even the ‘Russian Hoax,'” Trump tweeted . “Very productive talk!” Sarah Sanders, the…
There’s a warrant for Offset’s arrest after the Migos rapper allegedly broke a man’s phone at a Target store in Georgia last week. TMZ reports that the man started recording on his iPhone as he approached Offset, and the rapper responded, “Get the f— out of my face” before allegedly…
Samsung is pushing back this week’s planned public launch of its highly anticipated, $ 2,000 folding phone after reports that reviewers’ phones were breaking , the AP reports. The company had been planning to release the Galaxy Fold on Friday, but instead it will now run more tests and announce a…
TMZ Sports has obtained new footage showing Conor McGregor swatting and smashing a cell phone in front of the Fontainebleau hotel in Miami … right after doing his famous “Billionaire Strut.” The footage is being used in the criminal case against…
With bitcoin ownership, it’s very important to back up your mnemonic seed phrase in order to restore your funds in case of an emergency. For instance, a device holding a wallet can be broken, get lost or stolen and the backup is the only way to retrieve the funds after these mishaps. The following is an explainer on how to restore a bitcoin mobile phone wallet onto a fresh device using a mnemonic seed phrase.
Backing Up Private Keys Using a Mnemonic Seed
Most wallets use a mnemonic seed phrase to back up the private key associated with it. You might find it strange at first having to write down a sequence of random words in a list, but those words represent the private key that can access your funds if the wallet is damaged, lost or stolen. The Bitcoin.com Wallet is a perfect example of a mobile light client that allows you to store bitcoin core (BTC) and bitcoin cash (BCH) in a noncustodial manner via a 12-word mnemonic seed phrase.
A mnemonic seed is basically a list of words which, when combined in the correct order, reveal a secret key. After launching the Bitcoin.com Wallet and loading it up with some BCH, you’ll notice the wallet provides a message that the seed needs to be backed up. You’ll see the words “Wallet not backed up” and can click the banner in order to back up the 12-word seed phrase at that point. The wallet will display a screen that asks if you are alone and encourages you to write the phrase down, instead of writing it electronically or taking a screenshot. After the phrase is displayed, write it down and the wallet will ask you to confirm the 12 words on the next screen. When the phrase is confirmed, the Bitcoin.com Wallet will remove the “Wallet not backed up” warning.
Restoring Funds Using the Bitcoin.com Wallet
A few weeks after holding BCH on your noncustodial Bitcoin.com Wallet, you drop your phone and the device refuses to turn on. Knowing that you have a few BCH on the wallet, you might start to worry, but there’s no need to panic since you can still access those funds. The first thing you need to do is access another phone or device that supports the Bitcoin.com Wallet, which is available for Android, iOS, Windows, Mac OS, and Linux. Every one of these programs can fully restore the funds into a freshly installed wallet in a matter of minutes.
After downloading the new wallet, the program will ask if you want to start a new wallet or “Import wallet.” Select the latter option to restore funds. From here, you can type the 12 words you wrote down when you first created the wallet and then press the Import tab. The light client will sometimes take a few minutes to restore the funds into the new wallet so just be patient. After importing your mnemonic seed phrase into another device using compatible wallet software, you’ll see your BCH in your wallet, just as it appeared on your previous device.
If the restoration process doesn’t work at first, there is a possibility the words were typed wrong and it can’t hurt to try multiple times if you get stuck. This is why it is very important to cross check the seed phrase when you first write it down, because the correct order and spelling are extremely important. Additionally, 12-word seed phrases can be imported into different wallets as long as they use the same derivation path. This standard assures cryptocurrency owners that they can still restore funds if the wallet company ever went out of business or stopped providing updates to their software.
Accidents can happen and people have lost a lot of bitcoin over the last 10 years. Not long ago, digital forensics analysis firm Chainalysis reported that 23 percent or 3.8 million BTC is already lost. However, cryptocurrency enthusiasts can protect themselves from loss by playing it smart and protecting their assets by recording their mnemonic seed phrase securely. You can also practice these restoration steps with small fractions of BCH or BTC with the Bitcoin.com Wallet and learn more about importing and exporting private keys here.
Have you ever restored a bitcoin wallet using a mnemonic seed phrase? Let us know your experience with wallet restoration using a seed phrase in the comments section below.
Image credits: Shutterstock, Bitcoin.com, and Pixabay.
The post Broken Phone? Don’t Sweat It — Restore a Bitcoin Wallet in Minutes appeared first on Bitcoin News.
March Madness joy followed by heartbreak: Florida State senior forward Phil Cofer watched his team take victory over Vermont on Thursday only to learn immediately after the game that his father had died. Media were enjoying an open locker room period following the 76-69 win in the first round of…
Irish mixed martial arts star Conor McGregor has been arrested in the US again, this time for allegedly stealing and smashing a fan’s phone outside a Florida hotel. According to a police report seen by the BBC , the 30-year-old was involved in an altercation outside the Fontainebleau Miami Beach hotel…
The National Security Agency and the Trump administration have not used the phone program exposed by Edward Snowden in the past six months and it’s unclear if the program will renew at the end of the year, a senior Republican congressional aide said Saturday.