Saturday , January 23 2021

BitPay, Shapeshift, and Purse announce BitTorrent Cash | CryptoNews



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

This is the case with the payment service provider BitPay, who posted on his official blog will support the chain that follows the protocol proposed by Bitcoin ABC developers. In addition, BitPay added that the platform does not plan to include support for any other Bitcoin Cash interrupted proposal. On the other hand, the BCH reception and messaging services will be suspended from the hours before the hard disk starts. BitPay notes that these services will only be resumed when network security levels are confirmed.

A BitPay-like site was downloaded from Bitcoin.com, a virtual store that will not support Bitcoin Cash Satoshi Vision (BSV). The virtual store, like all other services it offers, 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 Amazon to buy with cryptosystems, announced the temporary suspension of deposits and transactions with BCH from November 15 at 8:00 am. According to its official statement, transactions will be restored when the fork is completed. Purse.io confirms that it adheres to the Bitcoincash.org map, supporter of the Bitcoin Cash ABC proposal.

ShapeShift talked about the hardfork. The payment service provider has found that BCH stores will be deactivated on the platform 24 hours before they begin bypassing and will remain inactive until 48 hours have elapsed since the event. However, the company headed by Erik Voorhees did not determine which chain will support or allow the service for BCH and BSV.

Payment service Rocketr said, via her account at Twitter, which will support the largest chain at Bitcoin Cash Fork. In his view, "it makes no sense" to support SV if the community supports ABC and vice versa. Hence, "Be SV or ABC", payment processor users will have to wait until the network stabilizes after the hard disk is updated for the location of this service.

Finally, among the applications that bind to support BCH SV's proposal, is the Freelance FiveBucks project platform. This company, which had previously expressed its support for BCH ABC's proposal, changed its opinion and explained via Twitter, his disagreement with one of the supporters of BCH ABC, Bitcoin.com, which is described as "fraud against the alien".

Statements of some services are still pending, however, ecosystems companies, such as CoinText, which supports the structure of BCH ABC, have expressed concern about the actions and threats that BSV's main supporters have undertaken. CoinText confirms that these behaviors and their responses can create a climate of instability in the network that has never been seen in Bitcoin's 10 years.

Suggested image by artemegorov / stock.adobe.com


Source link