Where are you holding your Bitcoin during this fork?

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    Administrator
    • 06-10-10
    • 60660

    #1
    Where are you holding your Bitcoin during this fork?
    From the info this Australian exchange is emailing out it looks like it might be smart for non-investors to make sure all funds are in fiat or a sportsbook account before July 30th.



    ****
    This email goes to all Independent Reserve clients.

    This is a supplement to our UASF announcement made on July 15th, and concerns the Bitcoin User Activated Hard Fork proposal (UAHF).

    User Activated Hard Fork (UAHF), including Bitcoin ABC, is a proposal to alter the Bitcoin protocol by creating a new fork of the Bitcoin software, which will operate on its own separate blockchain. Further details are available here: https://www.bitcoinabc.org/

    The UAHF is scheduled to activate on approximately August 1, 2017.

    The UAHF differs to UASF because it is incompatible with the current Bitcoin protocol and will create a separate blockchain.

    Should the UAHF activate, Independent Reserve will not support the new UAHF blockchain or its associated coin (Bitcoin Cash). Any Bitcoin within customer accounts will remain accessible over the main blockchain only, and will not be converted into coins on the UAHF chain.

    If you wish to ensure that you have access to any resultant UAHF coins, please withdraw your Bitcoin from Independent Reserve prior to July 30th, 18:00 UTC+10.

    We will issue further announcements in the lead up to these events if and when required.

    Thank you for your support and understanding.

    Adrian Przelozny

    CEO, Independent Reserve
    Join the trusted cryptocurrency & Bitcoin exchange. Low trading fees, fast sign up and 24/7 support. A safe way to buy and sell crypto.
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