Nov 15, · Bitcoin Cash will hard fork on November 15 around pm UTC as part of a scheduled protocol upgrade. This upgrade is more controversial than previous ones and may result in multiple viable chains after the fork. Initially Kraken will only support Bitcoin ABC, which follows the Bitcoin Cash upgrade roadmap published by timberlandschuheherren.de Nov 13, · “Bitcoin Cash is expected to conduct a hard fork upgrade on 15 November There are two competing incompatible hard fork upgrade proposals, with the associated clients being Bitcoin ABC and. As of November 15, the BCH hard fork means the BCH accounts will receive the same amount of crypto on their BCH and Bitcoin SV addresses. The reason to make fork is to add some fixes/changes to the initial Bitcoin Cash Protocol. They can’t be adopted without hard fork. How to protect your BCH during the hard fork? Bitcoin Cash are not.
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For example you want to send Bitcoin Cash to the other address, and they can be transferred to the Bitcoin SV address, as well ; Be careful, wait till the hard fork will end up. Then you will be able to manage your BCH comfortably. Or you can exchange your BCH to the other currencies and then come back to manage it. Store Bitcoin Cash in Atomic Wallet. Thank you for your opinion. You can leave your feedback or share this article. Your comment must pass moderation and will appear on the site in the near future.
Your support helps us build a stronger and convenient platform. Two companies development groups — Bitcoin ABC and nChain could not find a common language in the matter of the blockchain further development. Accordingly, two versions of the software update were developed:. The Bitcoin ABC team offers the following changes to the blockchain of the parent network:.
We mean the transfer of non-tokenized data. It will be possible to create smart contracts on the blockchain. Perhaps decentralized applications will also be launched. The main mouthpiece of this fork team is renowned Roger Ver. CoinGeek, the largest pool that mines Bitcoin Cash, provided full support to the conservative nChain team.
After the fork we will not enable BCH funding until we think it is safe to do so, and we do not know in advance how long this may take. Warning: after the fork if you wish to preserve coins from any alternative chains in your personal wallets, be sure to split your coins and only send coins from the Bitcoin ABC protocol to Kraken BCH deposit addresses.
Kraken will not credit coins from alternative chains sent to BCH deposit addresses after the fork. Will trading be disabled around the time of the fork? No — BCH trading will continue across the fork. Extreme volatility should be expected Be cautious trading BCH around the time of the fork, as there may be extreme volatility. Service availability not guaranteed We often see denial of service attempts that coincide with hard forks or high market volatility.
Traders should plan for intermittent and unpredictable access to the Kraken service and other possible unexpected behavior. You can read the announcement about the creation of Bitcoin SV here. Advocates of this option are not necessarily against any change or upgrade, but think that any change should wait for a later time when a less controversial change can be found.
It is unlikely that this chain will have sufficient mining power to remain viable and Kraken has no plans to offer support.