So come November 15, it looks like the Bitcoin ABC will fork out of the main Bitcoin Cash project and although I haven't followed too much on this issue, it seems like there is a controversy over Bitcoin ABC keeping 8% of the block rewards from the Infrastructure Funding Plan (IFP) for themselves, whether it's the head of the project Amaury Sechet or for the whole project itself I am not sure but the point of this post was not to go into the politics of the Bitcoin Cash or the Bitcoin ABC debate but this is mainly from the point of view of benefit for the end users. The main question I am trying to get an answer for is:
Will current read.cash users get the Bitcoin ABC forks in their read.cash wallets or do they have to move their BCH into a wallet which would be supported by Bitcoin ABC?
If the answer is the latter, I would very much like to know where to send my BCH to so I can take advantage of the free airdrop that I am going to get.
If you have any insight into this, please let me know!
Your keys, your coins. On read.cash, your keys are in your browser, and it is your right and responsibility to control them. After the fork, your keys will control the tokens on both forks, but the read.cash wallet will only record and intentionally control the no-IFP tokens. In order to access the ABC tokens, you would need to get an ABC wallet and import your keys into it. You need to do a lot of reading before you attempt this, because there is risk involved. For instance, if you get a scam wallet, it might steal your keys and use them to steal your no-IFP tokens and your ABC tokens all at the same time. On the other hand, if you send coins from either wallet to a third party, the transaction might be "replayed" causing the tokens on the other chain to be sent to the same address as well. That having been said, regarding controlling your keys, please start by reviewing these two articles:
https://read.cash/@Read.Cash/a-new-way-to-backup-your-wallet-590b7a2c
https://read.cash/@Read.Cash/is-your-money-safe-9f620e97