In the announcement, Trezor stated that it would support whichever chain the community chooses, acknowledging that it may take time for that consensus to be reached.
Many exchanges and wallets have already declared their support for BCHN. According to data from Coin Dance, Prior to the fork, Coinbase will run BCHN nodes and expects that it will be the dominant chain post fork. Coinbase also indicated that they will support BCHN.
Trezor’s stance on BCH hard fork called into question
A statement released by them on Twitter stated that,. Completely ridiculous.
Have you seen the blocks? Samyuktha is a full-time journalist at AMBCrypto.
- Trezor Wallet to Support Bitcoin ABC amid Bitcoin Cash Hardfork | News | .
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- What to do in case of a hard-fork and chain-split on August 1st..
Currently pursuing her Masters in Finance and Business Analytics, she is interested in cryptocurrencies, fintech, and blockchain technology adoption across various sectors. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. This does not mean that it will participate in the hardfork.
What is happening with Bitcoin Cash (Bcash) and how does it affect TREZOR users?
In the event of a coin split, crypto exchanges and wallet providers with integrated support for the Bitcoin Cash Node network are set to facilitate the process. With a new probable split in the pipeline, the competition for hash power is likely to increase between the existing networks.
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