THELOGICALINDIAN - As anyone with a casual ability of bitcoin banknote will acquaint you BCH and segwit dont mix Send BCH to a segwit abode and youre gonna accept a bad time Unless you appear to be a miner with the hashpower and abstruse accomplishment to unscramble the blend in which case youre gonna accept a actual assisting time 493 BCH account 610k has aloof been retrieved in that address by one active alone The catechism is who and what are their intentions
See also: Hundreds of Bitcoin Cash Are Stuck in Segwit Addresses – But There Might Be a Way to Get Them Back
Cash and Grab
As news.Bitcoin.com revealed yesterday, hundreds of bitcoin banknote are ashore in segwit addresses afterwards individuals afield beatific them there. Well, as of today that banknote is no best stuck. Someone has siphoned the lot and those bill now abide in a distinct abode whose capacity are account over $600k. Answer how they accomplished this is complicated; answer why is abundant simpler.
It was Antoine Le Calvez, a abstracts researcher at p2sh.info, who apparent the feat, tweeting:
The likeliest acumen for anyone activity to the accomplishment of retrieving a agglomeration of mis-sent bitcoin banknote affairs is claimed profit. If a recent Reddit post is correct, however, the article appears to accept performed the operation for altruistic affidavit and is accommodating to accommodate with 
the aboriginal senders to acknowledgment their funds. This may assume unlikely, but it is account acquainted that mining basin BTC.com ahead did aloof that for 100 BCH that had befallen the aforementioned fate. The poster, activity beneath the name bchsegwitrecover, writes:
There’s a action absorbed about – claimants will charge to pay a compensation of 30%. As the affiche explains, “Recovery requests will be candy manually and the affairs will be done daily. About I am alone animal and this may booty a continued time to do.”
Whoever biconcave up the BCH floundering in segwit addresses has absolutely done a absolute job: in accession to convalescent one transaction of 33 BCH account $41,000, they went to the agitation of hoovering-up all the shrapnel, including abundant affairs account bald cents.
How Did This Happen?
Recovering bitcoin banknote beatific to a segwit bitcoin abode isn’t easy, but it’s doable. With 
enough of an allurement – say $600,000 – addition was apprenticed to footfall up and accord it a go. Pulling off the accomplishment calls for a two-part process, the aboriginal of which involves accepting the scriptSig from the BTC addresses the BCH was beatific to.
Get the scriptSig and you can absorb the achievement from the P2SH-P2WPKH segwit address. Apply a accurate hash, add in a arrangement byte and checksum, catechumen the amount into Base58 architecture and – bang – you’ve got your scriptSig. Whoever recovered the $600k of BCH acceptable ran a calligraphy to automate the action for all 399 segwit addresses that were captivation bitcoin cash. Those funds, all 493.5 BCH of them, now abide in this address.
The additional date of the action would accept been to abundance these affairs but after broadcasting them to the blow of the network. It is safe to accept that the being who acquired the scriptSig abstracts additionally mined the transactions, either via a BCH abandoned rig, or potentially through one of the added atramentous BCH pools whose character is unknown.
And that’s how you abjure $600,000 of cryptocurrency in one fell swoop. If the Reddit post regarding the amount is genuine, however, those bill are now in safe hands. In acknowledgment for reuniting them with their aboriginal owners, bchsegwitrecover stands to accomplish a air-conditioned $200,000. It’s a aerial amount to pay for a moment’s carelessness, but it’s bigger than actuality offered no amount at all.
Do you anticipate the alone who recovered the absent bitcoin banknote should be acclaimed or condemned? Let us apperceive in the comments area below.
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