The processing of the cryptocurrency service BitPay announced that it will support the “traditional” implementation of Bitcoin VIA Cash called Bitcoin ABC.
How does the November 15th #BitcoinCash hard fork affect BitPay users? For BitPay merchants: https://t.co/2UtEV62pU0 For BitPay and Copay wallet users: https://t.co/jAZeZIllaG @BitPaySupport
— BitPay (@BitPay) 9 Listopad 2018 R.
According to representatives of BitPay, a backwards incompatible update of the Protocol allow you to quickly implement innovative solutions, however, carry the threat of a split blockchain into two competing chains. The company gives preference to verified the implementation of the ABC Bitcoin and has no plans to provide access to coins that are likely to appear November 15 this year as a result of hard forks.
Who wants to get new coins the company offers to import private key in BitPay wallet supporting both circuits. The company also advised users of the hard forks to refrain from transactions with Bitcoin Cash in order to avoid possible losses of funds.
Note that large companies such as Coinbase, OKEx and Binance, also recently expressed support for the implementation of the traditional Bitcoin ABC. At the same time, a crypto currency exchange Poloniex is going to support both circuit Bitcoin Cash.
ForkLog previously reported about the rise of competition among developers of Bitcoin Cash and about the features of different clients for this network.