Tuesday , March 21 2023

BitPay, Shapeshift and Purse announce the Bitcoin Cash | CriptoNoticias


The Bitcoin Cash Network (BCH) will have an unpleasant fork on November 15th. Given the existence of two incompatible proposals that will lead to the creation of two different chains, several companies providing services to BCH users have announced their position as to which of the two options they will support and how they will address them . trial.

This is the case with the BitPay payment service provider, who posted on its official blog that would support the chain following the protocol proposed by Bitcoin ABC developers. Additionally, BitPay added that the platform does not intend to include support for any other Bitcoin Cash bifurcated proposal. On the other hand, the BCH reception and dispatch services will be suspended a few hours before the hardcore launch. BitPay points out that these services will be resumed only when network security levels are confirmed.

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

Also, Purse.io, the platform that allows the Amazon to buy with cryptocracy, announced the temporary suspension of deposits and transactions with BCH transactions from November 15 at 8:00. According to its official statement, the transactions will be refunded when the fork is finished. Purse.io says he adheres to the Bitcoincash.org roadmap, supporter of the Bitcoin Cash ABC proposal.

ShapeShift also talked about the hardfork. The payment service company has determined that BCH stores will be deactivated on the platform 24 hours before the bifurcation starts and will remain inactive for up to 48 hours after the event. However, the company led by Erik Voorhees has not established which chain will support or allow service for BCH and BSV.

Rocket's Payment Service said, through its account, twitter. which will support the longest chain in the Bitcoin fork. In his opinion, "it makes no sense" to support SV if the community supports ABC and vice versa. Thus, "Be SV or ABC", payment processor users will have to wait until the network stabilizes after the hardfork knows the position of the service.

Finally, the Freelance FiveBucks platform is amongst the applications that bind the BCH SV proposal. This company, which previously expressed its support for BCH ABC's proposal, changed its opinion and explained through Twitter, his disagreement with one of the supporters of BCH ABC, Bitcoin.com, which qualifies as "an anti-bitcoin scam".

Statements of certain services are still pending, but ecosystem companies, such as CoinText, supporting the BCH ABC bifurcation, have expressed concern over the actions and threats made by BSV's main promoters. CoinText states that these behaviors and the answers they receive can generate a climate of instability in the network that has never been seen in the 10-year Bitcoin.

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