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The upcoming Bitcoin Cash fork is the result of conflicting consensus changes among Bitcoin Cash development teams. A hard fork is set to take place on November 15th, creating two separate Bitcoin Cash chains: Bitcoin ABC (BCHABC) and Bitcoin Satoshi Vision (BCHSV). Bitcoin Cash is a decentralized cryptocurrency that allows for peer-to-peer transactions without the need for central authorities. If you are holding BCH on the Electron Cash wallet, you can claim BCHABC & BCHSV by owning the private key at your own risk. Make sure to proceed cautiously after the fork date and verify that you are on the correct network. If you are a Trezor user, refer to the official announcement for details about the hard fork. Hold your BCH coins on exchanges that support the hard forks and provide credit for both chains. Verify all information before taking any action, as details may change and risk is involved.
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About Bitcoin ABC
The Bitcoin Cash hard fork is a result of conflicting consensus changes between different development teams, leading to the creation of two separate chains - Bitcoin ABC (BCHABC) and Bitcoin Satoshi Vision (BCHSV). Owners of Bitcoin Cash (BCH) as of block 478558 will receive coins on both chains, but there is no replay protection, so caution is advised when transacting. Users of Electron Cash wallet can claim BCHABC & BCHSV before November 15th at their own risk. Ledger wallet users who do not intend to transact during the service interruption do not need to take any action, but will not be able to use their Bitcoin Cash account during that time. Trezor users are advised to transact carefully around the hard fork and should be aware that Trezor will not provide a coin-splitting tool. Various exchanges have different policies regarding the hard fork, so users are encouraged to read the official announcements from each exchange.
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