Thursday , January 20 2022

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


The hardcore Bitcoin (BCH) network will have a hardcover this will come on November 15th. Given the existence of two incompatible proposals, which will result in the creation of two different chains, a number of companies that provide services to BCH users have announced their position on which of the two options they will support them and how they will deal with it. process

This is the case of the BitPay payment service provider, which he published in his official blog supports the chain that follows the protocol offered by the Bitcoin ABC developers. In addition, BitPay added that the platform has no plans to include support for any other offer that has failed to beat Bitcoin Cash. On the other hand, BCH admission and transport services will be suspended from hours before starting the car. BitPay states that these services will only be restarted when confirming network security levels.

BitCay has a similar site taken from the virtual store, which will not support the Bitcoin Cash Satoshi Vision (BSV) bifurcation either. The virtual store, like the rest of the services they offer, will support Bitcoin ABC 18.2 and Bitcoin Unlimited only 15.0.0, according to official statement. also announced the platform that allows Amazon to buy with cryptocurrencies, suspension of deposits and transactions with transactions with the BCH from November 15 at 8:00 AM. According to his official statement, the transactions will be restored when the fork completes. confirms that it complies with the road map, which supports the Bitcoin Cash ABC offer.

ShapeShift also spoke about the hardfork. The payment service company established that the stores with BCH will be disqualified in the 24 hour platform before they start bifurcation, and will remain inactive until 48 hours have passed from the event. However, the company has not set up Erik Voorhees which chain will support or enable the service for BCH and BSV.

The Rocketr payment service has stated, by counting it Twitter, The which will support the longest chain in the Bitcoin cash fork. In his opinion, "it does not make sense" to support SV if the community supports ABC and the opposite. Therefore, "Be SV or ABC", payment processor users will have to wait until the network stabilizes after the hard work to know what this service is.

Finally, among the applications that support the BCH SV offer, is the FiveBucks floorwork platform. This company, who had expressed its previous support to offer BCH ABC, changed its views and explained through Twitter, disagree with one of BCH ABC bidders,, which qualifies as an "anti-bitcoin scam".

Some statements of services are still waiting, however, ecosystem companies such as CoinText, which support the BCH ABC blam, expressed concern about the actions and threats made by BSV's main promoters. CoinText confirms that these behaviors and responses can create an instability climate in the network ever seen in the 10th Bitcoin network.

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