BitPay To Support Bitcoin ABC And Shuts Down Bitcoin SV After Bitcoin Cash (BCH) Fork

2018-11-11 03:01

BitPay Shuts Down Bitcoin SV, Plans To Continue with Bitcoin ABC After BCH Fork

As the long-waited Bitcoin Cash (BCH) fork is just a couple of days away, those who are in some ways in association with BCH – especially in terms of payment processes – are preparing themselves for the better or the worse. One great example of this is global bitcoin payment service provider, BitPay, who has since tweeted the consequences the fork might have on their system and users.

https://twitter.com/BitPay/status/1060859202585931777

According to the claims made by the team involved, BitPay’s system uses Bitcoin ABC, the main software behind BCH. While the team is aware that a “non-backward-compatible hard fork” helps to better innovation, they seem to be more concerned with the tied risks. In particular, they said:

“They also carry a risk of creating a permanent split in a network … This would create two versions of Bitcoin Cash chain, resulting in disruptions for Bitcoin Cash payments.”

As for Craig Wright, who has been against the whole idea for a split, he still remains firm on his stance, as he is more or less certain that there will be “NO new asset”. As per his tweet made Friday, November 9, 2018, softwares ABC and SV will never exist together. Here’s his response to his original tweet that strongly stated that there will only be one BCH:

https://twitter.com/ProfFaustus/status/1060823019105456128

Given that the fork does go on and a split occurs in which another software, the renowned Bitcoin SV gets implemented, BitPay revealed that they will not support the latter and will simply remain with Bitcoin ABC. The reason for sticking to what is currently integrated is supposedly to wait until “payment risks have passed.”

For users who use the BitPay Wallet, it has been announced that the fork will not impact one’s funds. However, it has been advised against sending or receiving transactions at 10 AM EST, which has been noted as two hours prior to the time in which the fork has been scheduled. As explained by the BitPay team, stopping said trading will prevent transactions from either getting lost or being double spent.

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Источник: bitcoinexchangeguide.com

bitcoin bch → Результатов: 126


Аналитик ARK Invest обратил внимание на плачевное состояние сети Bitcoin Cash

Сеть Bitcoin Cash (BCH) пребывает в катастрофическом положении, так считает аналитик компании ARK Invest Яссин Эльманджра. Он разместил пост в Твиттере, в котором подчеркнул, что в последнее время усилились риски атаки на блокчейн BCH.

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После халвинга Bitcoin Cash начал заметно дорожать

Интересный эффект наблюдается в отношении Bitcoin SV. 8 апреля в блокчейне Bitcoin Cash cостоялся первый в истории этого хардфорка биткоина халвинг. Награда майнерам в ближайшие четыре года будет составлять теперь вместо 12,5 BCH всего 6,25 BCH, то есть в два раза меньше, чем прежде.

2020-4-8 19:44


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Bitcoin Cash Multi-Party Escrow, Retail Adoption, and Upgrade Discussions

Another week has passed for the Bitcoin Cash (BCH) community and as usual, there’s been a bunch of announcements and developments. BCH supporters this week saw the release of a multi-party onchain escrow system, Ethereum cofounder Vitalik Buterin discussed using the BCH chain as a data layer, and more BCH-accepting merchants were onboarded.

2019-7-16 00:56


Фото:

Why Bitcoin Maximalists Ignore the Value Proposition of BCH

Some crypto companies keep wilfully ignoring BCH. Let’s compare the coins and see if BCH haters rail against Bitcoin Cash on purpose or simply due to a lack of understanding. Also read: Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up Bitcoin Scaling and the Block Size Debate When BTC surged […] The post Why Bitcoin Maximalists Ignore the Value Proposition of BCH appeared first on Bitcoin News.

2019-7-7 10:13


Сайт Роджера Вера присвоил Bitcoin Cash цену биткоина до хардфорка 2017 года

Bitcoin Cash (BCH) оправдывает утверждение «имитация — лучшая форма лести» после недавнего обновления сайта Bitcoin. com. Давно известно, что владелец сайта и главный сторонник BCH Роджер Вер часто критикует биткоин с целью присвоить альткоину звание единственной истинной «системы электронной наличности».

2019-6-18 17:46


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