Bitcoin Cash Fork sent to lane 1654 airdrop
Bitcoin Cash Fork sent to lane 1654 airdrop
Buy/SellOn August 1, 2017, a significant portion of the Bitcoin community made the decision to increase the maximum block size, resulting in the creation of Bitcoin Cash. Anyone holding Bitcoin at that time became a Bitcoin Cash owner. The network now supports up to 32MB blocks and is continuously researching to allow for future scalability. The upcoming Bitcoin Cash fork has stemmed from disagreements among development teams, leading to a hard fork on November 15th, resulting in two separate chains, BCHABC & BCHSV. It is advisable for businesses and individuals using the Bitcoin Cash network to ensure compatibility with the upgrade. More information can be found on the Official Bitcoin Cash Website. Those with BCH on the Electron Cash wallet before November 15th can claim BCHABC & BCHSV by owning the private key, at their own risk. Take caution post-fork to ensure network stability and use small amounts initially. Ledger wallet users should note that no further action is required if transactions are not intended during the service interruption. Trezor users should refer to the official announcement for guidance. Exchanges will support the fork, but do verify information before proceeding at your own risk. Stay informed by joining Airdropalert Telegram for the latest updates.
About Bitcoin Cash Fork sent to lane 1654
BCHABC & BCHSV are two competing chains of Bitcoin Cash, with one eventually becoming dominant. The Official Bitcoin Cash Website is supporting BCHABC, but there is also an incompatible upgrade being promoted for BCHSV. If you own the private key, you can claim both BCHABC & BCHSV using the Electron Cash wallet before November 15th, but be aware that there is no replay protection between the two networks. If you have a Ledger wallet, no action is required if you do not intend to transact during the service interruption. For Trezor users, it is recommended to transact shortly before, during, and after the hard fork to ensure the safety of your assets. Trezor Wallet servers run Bitcoin ABC nodes, so transactions on the ABC chain are supported, but be cautious as they may also appear on other chains. Trezor does not provide a claiming tool for safe coin-splitting between chains. If a different chain emerges after the hard fork, coins will be available on all chains. It is important to note that exchanges will only support the ABC full node implementation and will not credit any SV coins in case of a chain split. Stay informed and claim forks safely with the private key of an empty wallet. Join Airdropalert Telegram for free Airdrop Alerts.
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Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
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