<p>Yes, blockchain generates address deterministically as per <a href="https://github.com/bitcoin/bips/blob/master/bip-0044.mediawiki" rel="nofollow noreferrer">BIP 44</a>, and uses mnemonic backup phrases as per <a href="https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki" rel="nofollow noreferrer">BIP 39</a>, so you can recover all your keys using that mnemonic. It is compatible with any other wallet which follows BIP 39 and 44, and because it allows you to regenerate your private keys, it is equivalent to backing up the keys themselves. So you should be safe.</p>

<p>References:</p>

<ul>
<li><a href="https://support.blockchain.com/hc/en-us/articles/115001298143-Your-Recovery-Phrase-The-Failsafe" rel="nofollow noreferrer">https://support.blockchain.com/hc/en-us/articles/115001298143-Your-Recovery-Phrase-The-Failsafe</a></li>
</ul>

CC BY-SA 3.0
2017-08-01T02:20:44.510Z
So the BCC will just appear in my wallet in blockchain.info?
user56552
CC BY-SA 3.0
2017-08-01T07:15:54.440Z
No, it is unlikely that blockchain.info will display your BCC balance, as it is a Bitcoin wallet not a BCC wallet. You will most likely have to import your private key into a separate BCC wallet
meshcollider
CC BY-SA 3.0
2017-07-27T23:31:45.277Z
2017-07-28T07:36:14.767Z
2017-07-28T07:36:14.767Z
meshcollider
<p>Everyone says:</p>

<blockquote>
  <p>If you do not hold private key to your BTC, you do not own BTC.</p>
</blockquote>

<p>Technically speaking I do not hold the private key, but I do have the 12 words backup phrase.</p>

<p><a href="https://i.sstatic.net/m3QlE.png" rel="noreferrer"><img src="https://i.sstatic.net/m3QlE.png" alt="enter image description here"></a></p>

<p>I would like to know if my funds are safe - will I receive coins on both forks - in case of the chain split?</p>

<wallet><blockchain.info><blockchain-fork>
In case of the Bitcoin split - when holding BTC on blockchain.info - will I receive coins on both forks?
Mars Robertson
# In case of the Bitcoin split - when holding BTC on blockchain.info - will I receive coins on both forks?

(Asked by: username_0 on 2017-07-27)

Everyone says:

> If you do not hold private key to your BTC, you do not own BTC.

Technically speaking I do not hold the private key, but I do have the 12 words backup phrase.

[![enter image description here](https://i.sstatic.net/m3QlE.png)](https://i.sstatic.net/m3QlE.png)

I would like to know if my funds are safe - will I receive coins on both forks - in case of the chain split?

**Tags:** wallet, blockchain.info, blockchain-fork


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## 1 answers

### Answer by username_1 on 2017-07-27. Score: 4 | Accepted answer

Yes, blockchain generates address deterministically as per [BIP 44](https://github.com/bitcoin/bips/blob/master/bip-0044.mediawiki), and uses mnemonic backup phrases as per [BIP 39](https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki), so you can recover all your keys using that mnemonic. It is compatible with any other wallet which follows BIP 39 and 44, and because it allows you to regenerate your private keys, it is equivalent to backing up the keys themselves. So you should be safe.

References:

* <https://support.blockchain.com/hc/en-us/articles/115001298143-Your-Recovery-Phrase-The-Failsafe>

> **Comments:**
> **username_2**: So the BCC will just appear in my wallet in blockchain.info?  
> **username_1**: No, it is unlikely that blockchain.info will display your BCC balance, as it is a Bitcoin wallet not a BCC wallet. You will most likely have to import your private key into a separate BCC wallet  

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