RATE Group | BitPay Sides with Bitcoin ABC in Bitcoin Cash Hard Fork
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BitPay Sides with Bitcoin ABC in Bitcoin Cash Hard Fork

11 Nov BitPay Sides with Bitcoin ABC in Bitcoin Cash Hard Fork

Posted at 14:59h in Bitcoin News by

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bitcoin cash fork



BitPay has joined the litany of industry heavyweights including Coinbase and Binance in backing the Bitcoin Cash ABC side of the upcoming Bitcoin Cash hard fork.

Without delving too much into the debate surrounding the upcoming chain split, Bitpay said in a blog post:

BitPay’s system uses the primary software implementation of Bitcoin Cash called Bitcoin ABC. Bitcoin ABC has scheduled a Bitcoin Cash protocol change via hard fork on November 15th. […] BitPay has not made any plans to migrate from the Bitcoin ABC implementation of Bitcoin Cash to a different implementation.

They also recommended that users not send transactions in the time surrounding the actual hard fork, saying this could increase the risk to user funds being lost or double-spent.

During the fork, your funds held in your wallet will be safe, and you won’t be at risk of losing funds. However, we strongly recommend that you stop sending or receiving transactions from your…

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