Bitcoin Cash will have a new Hard Fork on November 13

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Bittrex did not sign the NYA agreement and endeavors to be neutral for any fork. Our priority is bitcoin november fork what to do safety of customer funds. Bitcoin Segwit2x is considered a "contentious" hard fork which has divided the Bitcoin community and may result in a chain split.

There is also no replay protection present so Bittrex must undertake extra measures to ensure that in a chain split, user coins are preserved on both bitcoin november fork what to do. There may be delays in Bitcoin deposits and withdrawals for some time due to these extra measures. Bittrex will observe the Bitcoin network for a period of 24 to 48 hours to determine if a chain split has occurred and the outcome.

In the event of a chain split, "BTC" will remain the existing Bitcoin chain with 1 MB blocks until the industry and ecosystem demonstrates a clear chain preference for Bitcoin. Bittrex will take all reasonable steps to ensure that customer funds can be preserved on both chains. Bitcoin november fork what to do will make all reasonable attempts to credit our users chain split tokens. We will not recover incorrectly made cross chain deposits under any circumstance bitcoin november fork what to do to the lack of replay protection.

If you have a Bitcoin BTC balance on Bittrex during the Segwit2x hard fork blockoccurring in mid-November, you will be additionally credited the equivalent amount of chain split tokens on a 1: BTC held on orders will also be credited. Only the BTC held on your account is eligible for chain split tokens. If any BTC deposits you had sent to Bittrex are not settled e.

The wallet will remain closed until the hard fork block is complete and it is deemed safe to open. Trading will remain active during this time.

Bittrex Support Coin Information Information. The Segwit2x hard fork was called off and did not result in a chain split. If it is unclear which chain is the preferred and dominant chain, we may: Extend the observation period.

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Bitcoin forks are defined variantly as changes in the protocol [1] or as the situations that occur "when two or more blocks have the same block height". Forks are typically conducted in order to add new features to a blockchain, to reverse the effects of hacking or catastrophic bugs. Forks require consensus to be resolved or else a permanent split emerges.

The following are forks of the software client for the Bitcoin network:. All three software clients attempt to increase transaction capacity of the network. The majority hash power did not begin to use these clients. Therefore there was no consensus to change the rules. Hard forks splitting Bitcoin are created via changes of the blockchain rules, sharing a transaction history with Bitcoin up to a certain time and date.

The first hard fork splitting Bitcoin happened on 1 August , resulting in the creation of Bitcoin Cash. From Wikipedia, the free encyclopedia. Retrieved 22 March Programming the Open Blockchain 2 ed.

O' Reilly media, inc. Retrieved 23 April The Decentralized Alternative to Central Banking. Retrieved 17 January A Basic Beginners Guide - Blockgeeks".

Retrieved from " https: Bitcoin clients Computing-related lists Clients computing Cryptocurrencies. Pages using citations with accessdate and no URL.

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