Sunday , October 2 2022

Latin American cryptobles will support Bitcoin Cash ABC update | CriptoNevs



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Several cryptographic exchanges on the Latin American market have informed their users that they will support updating of Bitcoin Cash ABC in connection with bifurcation (hard jaw) planned for November 15 in block Bitcoin Cash.

Such is the case with the Mexican Bitso and Volatti, who posted on their blogs that they will continue in front of the events, which can result in the emergence of multiple Bitcoin Cash chains. Also, representatives of Panda Ekchage, created in Colombia, and SatoshiTango, the Argentinean platform, talked to CriptoNoticias about their preparation to solve the cryptocurrency bifurcation.

The next programmed bifurcation of Bitcoin Cash led to controversy when two mutually exclusive proposals failed to reach a consensus to update the network. As a result, the initiative Bitcoin ABC 0.18.0 and Bitcoin Cash Satoshi Vision will split the Bitcoin Cash blocks chain when it comes to bifurcation next week.

Executive Director of Panda Ekchage Arlei Lozano, known in social networks like VakaNo, told CriptoNoticias that the platform has already prepared relevant plans for emergency situations for eventuality. He also informed that operations related to portfolios of cryptographic value would be suspended four hours before hardfork He estimated that about six hours after updating, he would be able to reopen operations.

"The guards we've been using have already said that will support Bitcoin Cash ABC", Continuing VaKaNo", we will support and deliver everything [los fondos] users and what results[del[del[дел[delhardfork]and it will be delivered. "In his view, there should not be a division" for actions that giant miners will take ", in order to protect BCH users.

For his part, Matias Bari, the executive director of the SatoshiTango platform, said in an e-mail that he would warn his users of some risks derived from bifurcation Bitcoin Cash. The exchange house, which basically focuses on exchange of bitches (BTC), offers CFD investors (contracts for difference) bitcoin cash (BCH). These operations will be blocked until several hours after the ferry, waiting for the network to stabilize, he explained.

Bari said there will be no other "specific actions in this regard. However, we will inform the users about this own CFC's BCHs assume a high risk, after that fork Volatility can be very high. "

Mexican exchange houses do not guarantee support for BCH SV

The Mexican stock house Bitso and Volabit agreed not to guarantee the support of multiple Bitcoin Cash chains after bifurcation on November 15th. Both platforms will also close Bitcoin Cash operations for several hours before bifurcation begins.

In a statement released on November 7, Bitso said he was "ready to support a plan published on https: //vbit.inc.in/", which corresponds to the update suggestion Bitcoin ABC 0.18.0.

"We can not predict if chains that can lead to the case a chain-split They will adhere to our standards of security and listing. For this reason, at this time Bit does not guarantee support for multiple chains"Reads the statement.

Similarly, Volabit has learned on his blog that he will monitor the network during the BCH bifurcation, to determine the moment in which he will continue the cryptocurrency operations, adding:

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