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Announcement

Independent ReserveNews

Bitcoin Cash (BCH) Fork Information | 15th November 2020

The Bitcoin Cash (BCH) network will be forking on the 15th November at approximately 11pm Sydney time. The fork itself is expected; the network forks every 6 months, however there is a potential for this fork to be contentious due to some conflicting ideas about the future direction of the cryptocurrency. A contentious fork will sometimes lead to two resulting blockchains and cryptocurrencies. At time of writing it appears the vast majority of miners are signalling in one direction, so it is possible the fork will not be contentious, but time will tell and we will keep you up to date.

BCH re-enabled

Independent ReserveNews

Bitcoin cash (BCH) deposits and withdrawals re-enabled

Independent Reserve has now re-enabled BCH deposits and withdrawals. As mentioned in previous announcements, for now we are only supporting the Bitcoin Cash ABC side of the fork. We will continue using the BCH ticker for this. You may now deposit and withdraw BCH to your IR deposit wallet. Any deposits made while deposits were […]

BCH Fork Update

Independent ReserveNews

Bitcoin cash (BCH) fork update

We have been closely watching the BCH landscape, both in how the two blockchains are developing, and how the community is reacting. As we originally announced, we will initially be supporting the ‘Bitcoin Cash ABC’ blockchain, and we will be referring to this as ‘Bitcoin Cash’ with the ticker symbol ‘BCH’. BCH deposits and withdrawals […]

Bitcoin Cash fork timing

Independent ReserveNews

Bitcoin Cash (BCH) fork timing

We would like to remind all customers that a BCH protocol upgrade is scheduled to occur in the early hours of Friday morning, Sydney time. Note – this does NOT relate to Bitcoin (XBT), it relates to the cryptocurrency Bitcoin cash. As there are two competing proposals, a split in the BCH blockchain will likely […]

Bitcoin Cash upcoming fork

Independent ReserveNews

Bitcoin Cash upcoming fork

Bitcoin Cash is quickly approaching its second hard fork, the first being 6 months ago where the block size was increased to 32MB and some opcodes were added. While the previous hard fork was not contentious, the upcoming one appears to be causing some splits in the community. The Bitcoin ABC client development team announced […]