Cubits policy regarding Bitcoin Forks

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Last post made 7 years ago by zuga
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  • Important news from Cubits sent via email:

    Dear Nikola,


    As the topic of Bitcoin forks is again trending in the news and in public discussions, it’s a good time to reiterate our position regarding deviations from the Bitcoin protocol and attempts to split-off alternative blockchains.

    We will not be offering the possibility to immediately withdraw funds/tokens on blockchains which are incompatible with the existing Bitcoin network, which is the one supported by Cubits and the majority of the community. In no event does this mean that we will keep any alternative coins for ourselves.

    In the event of a fork, customers who wish to claim funds on any alternative chains should make sure to withdraw their Bitcoin funds from their Cubits wallet to an external wallet supporting such alternative chain before the blockchain fork happens.

    We will continue monitoring developments, and reserve the right to change our position regarding alternative implementations at any point in the future.

    Best wishes,
    Your Cubits Team

  • I still not jump in to BTC world. Still doubting 

  • This isn't really surprising as most of this splits have turned out some pretty crappy results.  While I realize lots of people are looking to trump BTC and makes big riches.  The only way to do that is prove you have the support and power that BTC has.

  • zenekk87 wrote:

    I still not jump in to BTC world. Still doubting 

    doubt less , research more wink  any quesitons be free to start a new topic at this forum section and im sure one of the more experienced members will help you out. In the meantime check out relevant links and information we researched to get you started. 

    cheetahwind wrote:

    This isn't really surprising as most of this splits have turned out some pretty crappy results.  While I realize lots of people are looking to trump BTC and makes big riches.  The only way to do that is prove you have the support and power that BTC has.

    tbh I am lil bit surprised since we only had the fork few months ago, and now new talks about another one coming perhaps.
    But definitely I am betting my money on BTC speaking long term

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