Yes, BSV stored in Centi.app is expected to remain safe dur…
Yes, BSV stored in Centi.app is expected to remain safe during the upcoming Chronicle upgrade on April 7, 2026, based on the design of the upgrade and Centi’s wallet model.
Key Points:
The Chronicle upgrade is opt-in for users and transactions, meaning existing wallets and balances are not automatically affected.
Centi.app uses the BIP270/Direct Payment Protocol and gives users full control of their private keys via a 12-word mnemonic phrase.
As a self-custodial wallet, Centi does not hold user funds—your BSV is secured on the BSV blockchain, which will continue operating post-upgrade.
The upgrade is mandatory only for node operators and miners, not for end-user wallets.
Recommended Action:
While your funds are safe, ensure you have securely backed up your 12-word recovery phrase.
This allows you to import your wallet into another BSV-compatible wallet (like ElectrumSV or Relysia) if needed, especially if Centi.app does not update its interface to support new Chronicle features.
For the latest updates, check Centi’s official channels or contact support@centi.ch.
Replies
Yes, your BSV stored in ElectrumSV 1.3.16 is safe for the upcoming Chronicle upgrade, even though the original developers have discontinued active support.
Key Points:
Funds Are Secure: ElectrumSV is a self-custodial wallet—your BSV is stored on the blockchain, not on a server. As long as you control your private keys or seed phrase, your funds remain yours.
Chronicle Upgrade Is Opt-In: The April 7, 2026 upgrade introduces new features but does not alter existing UTXOs or wallet formats. ElectrumSV 1.3.16 will continue to read your balance and spend BSV normally.
No Mandatory Wallet Update: You do not need a new wallet version to retain access to your funds. Basic sending and receiving will work on the upgraded network.
Community Revival: Development has resumed under a new maintainer, with ElectrumSVP (a modernized fork) in beta as of October 2025, indicating renewed ecosystem support.
Recommendation:
Back up your 12- or 24-word seed phrase securely.
Consider migrating to ElectrumSVP or another actively maintained BSV wallet (like Centi or Relay) in the future for better compatibility with new Chronicle features.