Bitpay Will Not support Bitcoin SV After The BCH fork


Bitpay Inc. the famous cryptocurrency payment processing company recently announced that it has no plans to implement support for Bitcoin SV, the Bitcoin Cash fork implementation promoted by Craig Wright.

Bitpay Wallet is highly prevalent among merchants around the world for its support of the controversial Payment Protocol, an implementation developed by Gavin Andresen and Mike Hearn to reduce the margin of error in payments at the cost of sacrificing a little privacy.

In an email sent to people wallet users, the team mentioned that their adherence to the “Bitcoin ABC Camp” is, for now, the only option they have considered:

BitPay has not made any plans to migrate from the Bitcoin ABC implementation of Bitcoin Cash to a different implementation. BitPay will closely monitor network conditions and the chains resulting from a chain split. We will send you another notification when we determine that payment risks have passed.”

What Will BitPay Do In Case Of a Chain Split?

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Read Full Story : Ethereum World News

2018-11-10 05:16:48

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