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Crypto News

Bitcoin Cash (BCH) Hard Fork - Nov 2020

  • 13 Nov, 2020

  • 1 Min read

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Bitcoin Cash will hard fork on November 15, 2020 around 12:00 pm UTC as part of a scheduled protocol upgrade. As this upgrade is causing significant controversy in the community, it is likely that two chains will develop after the split of the two protocols: Bitcoin Cash Node (BCHN) and Bitcoin Cash ABC (BCHA). At this point, it looks like the Bitcoin Cash Node will be the dominant chain in the split. 

 

What does this mean for you? 

On November 13 2020, Uphold will temporarily disable all BCH deposits and withdrawals at 18:00 UTC. Uphold will continue to monitor BCH closely and will provide an update to our members regarding support and implementation. Uphold doesn’t know how long the process will take, but will re-enable deposits, withdrawals, and trading as soon as we have identified that the chains involved are stable and the appropriate protections are in place.

 

For more information, please contact our Customer Support team at [email protected] and to learn more about the developments visit bitcoincash.org

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