Saturday , June 12 2021

BitPay, Shapeshift and Purse announced the bifurcation of Bitcoin Cash | criptonoticias

The Bitcoin Cash network (BCH) will have a hard forehead on November 15th. Given the existence of two incompatible bids that would lead to the creation of two different chains, some companies serving BCH users explained what two options would be supported and how to deal with it. process.

This is the case for the payment service provider BitPay, published on its official blog. The protocol proposed by Bitcoin ABC developers will support the following chain. In addition, BitPay added that the platform plans to support the other Bitcoin Cash bifurcated proposal. On the other hand, BCH's purchase and shipping services will be suspended hours before the start of hardfork. BitPay points out that these services will only be restarted when verifying the network's security levels.

Bitcoin Cash Satoo Vision (BSV) Bifurcation by the virtual store that does not support a similar position to BitPay'e. The virtual store will only support Bitcoin ABC 18.2 and Bitcoin Unlimited 15.0.0, as the rest of the services they offer, according to an official statement.

In addition,, the platform that allows Amazon to buy with crypto money, announced the deposit and temporary deposit payments with BCH on November 15 at 8:00. According to the official declaration, the operations will be restored when the fork is completed. confirms that belongs to the road map, Bitcoin Cash ABC supporter.

ShapeShift also talked about hardfork. The payment service company has determined that BCH stores will be disabled 24 hours before the bifurcation and will not be active until 48 hours after the event. However, the company, led by Erik Voorhees, has not determined which chain will support or activate the service for BCH and BSV.

Payment service Rocketr announced in account excitement, Bitcoin Cash will support the longest chain in the fork. According to him, if the community supports ABC and vice versa, supporting the SV doesn't make sense. Therefore, "Be SV or ABC", Payment processor users will have to wait for the network to stabilize after hardfork to know the position of this service.

Finally, there are five-way free platform, FiveBucks, to support the BCH SV bid. This company, which has previously expressed its support for BCH ABC's proposal, has changed its mind and explains it. Via TwitterBCH ABC, described as "an anti-bitcoin scam",, disagreed with one of its fans.

The declarations of some services are still pending, but ecosystem companies, such as CoinText, which supports the BCH ABC bifurcation, have expressed concern about the actions and threats undertaken by the main promoters of BSV. CoinText verifies that these behaviors and their responses can create an environment of instability in the network that has never been seen in Bitcoin for 10 years.

Featured image artemegorov /

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