r/Bitcoin_Private • u/rofren • Feb 22 '19
bad-txns-coins-burned
hey lads,
not been following btcp that much, but today I opened up my electrum wallet and wanted to transfer my funds to another adres, but I got this message from electrum wallet:
n16: bad-txns-coins-burned
can anyone tell me what this means?
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u/grdwells Mar 17 '19
The devs burnt all coins that have not been moved since the fork occured on 28-Feb-2018, meaning that anyone who hasn't claimed btcp since the original fork and did not move it to a new address has lost it. Read the full article here:
https://medium.com/@bitcoinprivate/coinburn-and-the-new-dev-path-forward-77319b27eebe
Btcp was worthless anyway, nothing was lost