This month’s bitcoin split, resulting in the birth of new cryptocurrency, dubbed Bitcoin Cash (BCH), was one of the largest virtual currency events in recent years. The dust is slowly settling and things are looking up for both the original currency and its “offspring”. Both are doing more than well, with bitcoin soaring to cosmic levels. BTC is gaining recognition worldwide and is now being considered by big names in the online gambling industry.
One such recognition is now coming from Blockchain.info, who has just announced, after meticulously observing the unfolding of the events following the split, that they will be offering limited support for BCH in their online panel. The process of adding BCH to their support system will take place over the next two months.
The official statement on their website is this: “Within the next 8 weeks, we’ll be rolling out limited support for BCH via the settings panel in your Blockchain Wallet. Users with balances of bitcoin in their Blockchain Wallet on August 1st will be able to access an equal balance, as of August 1st, of bitcoin cash.” Users will have complete access to their wallet and should leave aside all concerns about losing their amount of BCH. The only prerequisite for this is that they have deposited their bitcoins on blockchain.info before August 1st.
Blockchain.info’s founder, Peter Smith, commented that they felt their users needed help accessing their BCH and that the solutions now on offer do not meet the standards. Therefore, the site opted to provide limited support. He also added, commenting on funds safety with blockchain.info, that users should be “rest assured that their funds are secure. Blockchain wallets are non-custodial and users hold the private keys, meaning they always have full, exclusive access to their funds”
Source:
"Blockchain.info to Support Bitcoin Cash", Lujan Sterlin, bitcoin.com, August 23, 2017.
lukyme13
7 years ago
Sr. Newbie
I use blockchain wallet and the main reason is I am an idiot with understanding software mechanics I have big issues with excel... simple to use for a simple person like me- if it aint broke don't fix it..... support not too good....moo
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zuga
7 years ago
Admin
what they pretty much did after the split, is virtually create btc cash out of nothing. BTC cash is now just another crypto currency that is worth significantly less than the original BTC.
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cheztwins
7 years ago
Hero Member
I have tried to follow the bitcoin split of bitcoin cash and original btc. I cannot seem to really understand what bitcoin cash is exactly and how it plays out in real life events of using by as tender. Anyone have an idiot's guide to the by split? Cliff notes??? Thanks.
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sun17
7 years ago
Sr. Member
I use only blockchain.info to send or receive bitcoin but to be honest I become hating this wallet. As said quball, I lost much money because of the fees that blockchain.info deducted from my balance. So for me, it's very bad news that blockchain supported bitcoin cash, so more and more fees. Who know please another wallet...
I use only blockchain.info to send or receive bitcoin but to be honest I become hating this wallet. As said quball, I lost much money because of the fees that blockchain.info deducted from my balance. So for me, it's very bad news that blockchain supported bitcoin cash, so more and more fees. Who know please another wallet with few fees ??
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Poporthecat
7 years ago
Sr. Newbie
The best part while playing with digital coin was that we will be total anonymous, some casino will not asking any document when you made any cashout... Btw this is another good news from blockchain.info for supporting bitcoin cash, after they support ethereum and bitcoin before..
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quball
7 years ago
Full Member
I made two $25 deposits this weekend with Bitcoin and each time the miners fee was 20% !! Thats just outrgious!!
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norman222
7 years ago
Sr. Newbie
With the volatility Bitcoin is now observing, I would not like to store my money in this currency. You never know what is going to happen tomorrow. You may end up loosing half of your value just because of the market speculations. On one side it gives BTC importance, on the ohter side it makes it unusable in real life.
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