Wednesday , July 28 2021

BitPay, Shapeshift and Purse announce bifurcation of Bitcoin Cash | CriptoNoticias



The Bitcoin Cash Network (BCH) will have a hard fork on November 15th. In view of the existence of two incompatible proposals that lead to the creation of two different chains, several of the companies providing services to BCH users announced their position as to which of the two options they will support and how they will handle it. process.

This applies to the payment service provider BitPay, published in its official blog as would support the chain following the protocol proposed by Bitcoin ABC developers. Additionally, BitPay allowed the platform to have no plans to include support for any other Bitcoin Cash bifurcated proposal. On the other hand, the reception and delivery services of BCH will be canceled from the hours before the start of the hard drive. BitPay points out that these services are only resumed when they confirm the security level of the network.

A position similar to BitPay was taken by Bitcoin.com virtual store, which does not support Bitcoin Cash Satoshi Vision (BSV) bifurcation. The virtual store, as the rest of the services they offer, will only support Bitcoin ABC 18.2 and Bitcoin Unlimited 15.0.0, according to an official statement.

Purse.io, the platform that allows Amazon to buy with crypto courses, also announced the temporary suspension of deposits and transfers of transactions with BCH from November 15 at 8:00 AM. According to its official statement, the transactions will be reset when the fork is ready. Purse.io confirms that it follows the Bitcoincash.org Roadmap, supporter of the Bitcoin Cash ABC proposal.

ShapeShift also talked about hardfork. The payment company determined that the stores with BCH will be disabled in the platform 24 hours before they start bifurcation, and they will remain inactive until 48 hours have elapsed from the event. However, the company, led by Erik Voorhees, did not determine which chain would support or activate the service for BCH and BSV.

The payment station Rocketr declared through its account in Twitter, which will support the longest chain in the Bitcoin Cash Fork. In his opinion, "it is not meaningful" to support SV if society supports ABC and vice versa. because "Was SV or ABC", The payment processor's users must wait until the network stabilizes after the hard drive has known the position of this service.

Finally, among the applications that support the BCH SV proposal, the freelance work platform is FiveBucks. This company, which previously expressed its support for BCH ABC's proposal, changed its opinion and explained via Twitter, his opposition to one of the advocates of BCH ABC, Bitcoin.com, which qualifies as "an anti-bitcoin bluff".

The declarations for certain services are still ongoing, but ecosystems such as CoinText, which support the BCH ABC bifurcation, expressed concern at the actions and threats made by BSV's main promoters. CoinText confirms that these behaviors and the responses they receive can create a climate of instability in the network, as never before seen in the 10 years of Bitcoin.

Selected pictures of artemegorov / stock.adobe.com


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