#40 - Coinbase - User Activated Hard Fork (UAHF)steemCreated with Sketch.

in #bitcoin7 years ago (edited)

coinbase.png

Hahaha and the majority think HARD FORK is over, guess again.... below the current notice from Coinbase.

  Dear Coinbase Customer,

  We are contacting you to make you aware of recent developments in a number of proposals for technical changes to 
  Bitcoin. 
  
  All BTC stored on Coinbase will remain safe during these events described below.

  The User Activated Hard Fork (UAHF) is a proposal to increase the Bitcoin block size scheduled to activate on August 1. 
  
  The UAHF is incompatible with the current Bitcoin ruleset and will create a separate blockchain. Should UAHF activate on 
   August 1, Coinbase will not support the new blockchain or its associated coin.

  The User Activated Soft Fork (UASF) is a proposal to adopt Segregated Witness on the Bitcoin blockchain and could result 
  in network instability. It is scheduled to activate at the same time as the UAHF.

  To ensure the safety of customers’ funds, we will temporarily suspend BTC deposits, withdrawals, and buy/sell starting 
  approximately 4 hours before activation of either fork.

  If you do not wish to have access to UAHF coins, and do not wish to access your BTC during the fork, you are not required 
  to take any action.

  If you do wish to have access to UAHF coins or access your BTC during the fork, you should send your BTC from Coinbase 
  to your external address by July 31.

  For more information on these potential Bitcoin forks, please refer to this article: 
  https://support.coinbase.com/customer/portal/articles/2844217-uahf-uasf-faq.

  Thank you,

  Coinbase Team 

in terms of my popularity, you are free to choose

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