Japanese Exchanges Prepare for Forked “Bitcoin Cash”

in bitcoin •  8 years ago 

The Japan Cryptocurrency Business Association (JCBA) released its plan on Friday regarding how it is going to deal with the planned Bitcoin hardfork on August 1. All of the 13 member exchanges have already agreed to suspend bitcoin deposits and withdrawals on that date.

JCBA wrote:

With this hard fork, it is planned that the existing blockchains will continue to handle bitcoins, while the newly formed blockchains will handle a new virtual currency to be named “Bitcoin Cash” (BCC).

Source: Bitcoin.com

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Best post I have seen so far . people tend to think the hard fork will create new bitcoins. bitcoin is bitcoin any thing else is just another clone like bytecoin, litecoin,dogecoin etc. You were already fooled out of your gold for cash, do not get fooled out of your bitcoins.

The Japanese economy is one of the most solid in the world, you have to follow its example.

Wow,good post!

is bitcoin in danger.

I don't think so. But no one knows for sure.

great news.. thanks

I hope there's going to be a split. 2X more bitcoin.