Friday , October 20 2017
Home / FT Alphaville / Imagine if you received this note from your bank?

Imagine if you received this note from your bank?

Summary:
A message from bitcoin wallet provider Cryptopay to its customers, with our emphasis:The SegWit/Soft Fork countdown has begun and the whole Bitcoin community is preparing for the ensuing protocol update on August 1st.What does this mean?The Bitcoin community (miners, main holders etc.) has developed two possible scenarios to increase the network efficiency. All of them assume that Segregated Witness will be adapted. You can read more technical details about the possible outcomes of both scenarios in our recent article.As usual, we take the safety of your funds as our top priority. Therefore to protect them, we’re going to suspend all bitcoin deposits and withdrawals on 31 July 2017 at 23:00 hrs UTC. Cryptopay will become fully functional when we deem it completely safe.What can I do

Topics:
Izabella Kaminska considers the following as important:

This could be interesting, too:

Matthew C Klein writes Is “growing the pie” overrated, and does that explain why everything is terrible?

Siona Jenkins writes Opening Quote: Unilever is “Connected 3 Growth”

Paul Murphy writes Further reading

Alexandra Scaggs writes Dealers loosen their grip on money markets (a little bit)

A message from bitcoin wallet provider Cryptopay to its customers, with our...

Izabella Kaminska
Izabella Kaminska joined FT Alphaville in October 2008, which was, perhaps, the best time in the world to become a financial blogger. Before that she worked as a producer at CNBC, a natural gas reporter at Platts and an associate editor of BP’s internal magazine. She has also worked as a reporter on English language business papers in Poland and Azerbaijan and was a Reuters graduate trainee in 2004.

Leave a Reply

Your email address will not be published. Required fields are marked *