Sunday, July 30, 2017

Notices from sites regarding "disruptions"



Dear HashFlare users,  https://hashflare.io/r/F87E01BA               

We would like to notify you of an upcoming global event affecting the Bitcoin network and HashFlare’s actions.

In the coming week, the Bitcoin network is expected to get hit by some amount of turbulence due to several possible chain-splits and a potential fork. In the event of a hard fork, we will continue supporting the main chain – the Bitcoin Core. Our goal is to support the most stable and reliable currency to keep the contracts running for you.

We recommend reading the following article in preparation – https://bitcoin.org/en/alert/2017-07-12-potential-split

This also means that the selection of pools in Hashflare may be affected if any of the pools limit their support to the forked chain. In such case, HashFlare will redirect the hashrate to relevant pools automatically. We will notify everyone of any pool changes via the dashboard.

In these changes, Bitcoin will receive improvements to the network, such as Segwit (https://bitcoincore.org/en/2016/01/26/segwit-benefits/). For a period, Bitcoin confirmation score will become less reliable as some nodes of the network will be running nodes incompatible with others.

As our top priority, we are dedicated to handling your funds and contracts responsibly, hence, to avoid risks associated with the events to come, HashFlare has decided to suspend all Bitcoin related operations temporarily, including:

– BTC withdrawals;
– BTC purchases;
– SHA-256 mining contracts.

Service suspension will begin at 09:00 UTC on July 31 and will last until the situation is resolved, most likely no later than August 4.

We will be actively monitoring the situation to keep you updated.

Join HashFlare Telegram group – https://t.me/hashflare_eng

Sincerely,
HashFlare Team

-------------------------------------------------------------------------------------------------------------------------

Dear Coinbase Customer,
We wanted to provide an update on proposed changes to the Bitcoin network and what that means for bitcoin stored on Coinbase. You can read more about what a digital currency fork is https://blog.coinbase.com/what-is-a-bitcoin-fork-cba07fe73ef1.
Our first priority is the safety of customer funds. In the event of a fork, customer fiat currency (USD, EUR and GBP) and digital currencies (bitcoin, ether and litecoin) are safe.
On August 1st, 2017 there is a proposal to make changes to the bitcoin software. This proposal, known as Bitcoin Cash, is likely to create a fork in the Bitcoin network. This means that after August 1st, 2017 there are likely to be two versions of the Bitcoin blockchain and two separate digital currencies.
In the event of two separate blockchains after August 1, 2017 we will only support one version. We have no plans to support the Bitcoin Cash fork. We have made this decision because it is hard to predict how long the alternative version of bitcoin will survive and if Bitcoin Cash will have future market value.
This means if there are two separate digital currencies – bitcoin (BTC) and bitcoin cash (BCC) – customers with Bitcoin stored on Coinbase will only have access to the current version of bitcoin we support (BTC). Customers will not have access to, or be able to withdraw, bitcoin cash (BCC).
Customers who wish to access both bitcoin (BTC) and bitcoin cash (BCC) need to withdraw bitcoin stored on Coinbase before 11.59 pm PT July 31, 2017. If you do not wish to access bitcoin cash (BCC) then no action is required.
We plan to temporarily suspend bitcoin buy / sells, deposits and withdrawals on August 1, 2017 as the fork is likely to cause disruption to the bitcoin network. This means your funds will be safe but you will be unable to access your bitcoin (BTC) for a short period of time.
We will keep you updated on this event through our blogstatus pageand Twitter.
Thank you,
Coinbase Team
© Coinbase 2017


code OU4LND
Hi rodolfo,
This communication is to explain what you can expect from Xapo in the event of a fork in the Bitcoin blockchain - which may occur on August 1st, 2017.
There is a proposal, known as Bitcoin Cash, that may create a fork in the Bitcoin network. This means that after August 1st, 2017 there may be two versions of the Bitcoin blockchain and two separate digital currencies: the original Bitcoin and Bitcoin Cash. 
Xapo ensures the security of our customers’ bitcoins above all else and, in the event of a fork, your assets will be safe at Xapo.
We may, however, temporarily halt incoming and outgoing transfers from the Bitcoin network until we confirm that such transfers can be done safely.
We may also temporarily suspend the Xapo Debit Card and the conversion from dollars and other currencies to bitcoin and vice versa.
In other words, your assets will be safe at Xapo but you may not be able to transact for a period of time.
In the event of two surviving blockchains, we will support one blockchain, the one with the most accumulated difficulty.
Xapo will give you the choice to withdraw the coins in the secondary blockchain or to let Xapo sell the coins in that secondary blockchain and automatically add that value to your account in the supported blockchain. There is no estimated date as to when this will be determined, as it will be only when we deem it safe and sensible to do so.
So, if you would like to make bitcoin transactions during a fork, you will need to move your bitcoins out of Xapo before 23:00hrs UTC on July 31st. Any funds in the Vault that you would like to use during a fork will need to be retrieved from the Vault no later than 23:00 hrs UTC on July 28th so you have sufficient time to send them out of Xapo before the fork.
If you want to transact with any secondary digital currency that is created after August 1st, you should move your funds out of Xapo now. We do not have an estimated date for when the other supported blockchain will be safe to transact.
At Xapo, your bitcoins are secure and we allow you to decide what to do with the coins in your account.

The Xapo Team
P.S. this is a no-reply email, but if need be, you can contact us!




The messages above is an example that this sites are seriously considering and giving  notices on their position regarding " the split" . For me i am also one in giving my side with the original and if possible no split on the blockchain because of its effect with the system. What is your opinion ? 

No comments:

Post a Comment