Bitgo Wallet announces Bitcoin Cash support....

It seems like Bitcoin Cash is here to stay as the network is chugging along and the BCH market has consolidated around the US$300 range. Currently, the BCH chain has processed 699 blocks since the hard fork and is still behind the BTC chain. BCH mining difficulty has dropped quite a bit since our last update and is currently operating at 13% of BTC’s difficulty. Last week we reported that Breadwallet will release its BCH splitting tool on August 14 and will deploy full support for the chain in the near future. Following this, businesses like Rocketr, and the Living Room of Satoshi announced BCH support as well last week.

Now, the popular multi-signature bitcoin wallet Bitgo has announced they will be providing a splitting tool for their users to access BCH. The company says it is “late” delivering the tool, because they didn’t have enough lead time prior to the fork. However, the company says when they release the new software it will be far more “comprehensive” than the company’s previous plan.

“Due to strong customer interest, Bitgo will enable full support of Bitcoin Cash. You’ll soon find a new coin in the Bitgo interface and be able to fully send and receive BCH from your Bitgo wallet,” explains Mike Belshe Co-Founder and CEO of Bitgo. “All Bitgo users with BTC balances prior to the Aug 1st fork date will see their BCH balances within the Bitgo interface.”

"The Bitgo API will also support BCH, utilizing the new BitGo V2 platform. Developers will be able to access wallets and send coins with the same unified interface as used for Litecoin, Ethereum, Ripple, and Royal Mint Gold."