Eristica moves the date of the ICO. The new date will be set for early December.
These changes occur because of the very important events that will take place on November 13 and 16. That’s right, hard forks Bitcoin Cash and SegWit2x. If you don’t know what it is and why it affects the conduct of ICOs, we are here to explain.
Segwit2x it is a technology that is made to make the Bitcoin network faster and more flexible. It is so simple as it seems though. SegWit2x can provoke short-term complications and conflicts in the network. Perhaps SegWit2x will be without strong protection against replay. It means that transactions after the fork, either BTC or B2X, will look the same and both can be valid for both chains. Therefore, when you transfer coins on the BTC blockchain, you can accidentally spend an “equivalent” B2X on the SegWit2x’s blockchain.
A hard fork Bitcoin Cash operates in the same way but it uses cryptocurrency Bitcoin Cash instead of Bitcoin.
More information about hard forks you can find there:
https://news.bitcoin.com/bitcoin-cash-hard-fork-plans-updated-new-difficulty-adjustment-algorithm-chosen/
https://cointelegraph.com/news/bitcoins-upcoming-segwit2x-hard-fork-put-in-laymans-terms
The best way to prevent this is not to send BTC or B2X transactions, at least until the situation clears up. More information you can find there:
We took this fact into account and decided not to expose our investors to risks.
So keep an eye on our updates because we’re announcing the ICO date really soon. Be the first to know it by joining us on social networks:
Telegram: https://t.me/EristicaChat
Twitter: https://twitter.com/eristicaapp
Facebook: https://facebook.com/eristica
Website: https://eristica.com
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Congratulations @incpress! You have received a personal award!
1 Year on Steemit
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard:
SteemFest³ - SteemitBoard support the Travel Reimbursement Fund.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @incpress! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit