Bitcoin Cash (BCH) will be undergoing a protocol upgrade on November 15, 2020 at approximately 5:30 PM IST (12:00 PM UTC).
In connection to the upgrade, there has been a proposed chain-split between the two main BCH clients, making this a hard fork that may result in a chain split and additional token.
Colodax will plan to support the chain with the most mining pool support as “Bitcoin Cash” with the BCH ticker.
We’re committed first, to protecting the funds of our users. Here’s our plan for the hard fork:
- We will suspend withdrawals and deposits at 10.00 AM IST (4:30 AM UTC) on November 15th. Rest assured that your funds will remain safe and secure as we perform the network upgrade.
- The BCH wallet will remain closed until the hard fork is complete and it is deemed safe to open. Trading will remain active during this time.
- We cannot guarantee how long it will take to perform the upgrade. However, we will notify you as soon as service resumes on our social media, etc etc
We will not recover incorrectly made cross chain deposits under any circumstance due to the lack of replay protection.
Further information:
Bitcoin Cash Mining Pool Support - https://cash.coin.dance/blocks
Bitcoin Cash Node - https://gitlab.com/bitcoin-cash-node/bitcoin-cash-node
Bitcoin Cash ABC - https://github.com/Bitcoin-ABC/bitcoin-abc