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  Japanese stock exchanges comment on the Bitcoin Gold Hard Fork | Bit Updates
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Japanese stock exchanges comment on the Bitcoin Gold Hard Fork

Monday, October 23rd, 2017 | bitcoin updates

The two leading Bitcoin exchanges in Japan have published their plans to deal with the forthcoming Bitcoin Hard Fork this week on October 25th. The largest crypto stock market in Japan, bitFlyer, has announced Bitcoin Gold to support. This means that the new crypto is credited to the user account and the possibility to act is offered. Before this happens, however, bitflyer wants to ensure that sufficient security and stability are ensured. Therefore, the users will not come directly to their Bitcoin Gold on October 25th. A perfectly understandable decision because the network is much too unstable after a hard fork and secure transaction processing can not be ensured. Also the crypto exchange Coincheck indicated how they would like with Bitcoin Gold. Just like bitflyer, the crypto-exchange stressed that they would wait for a stable Hashpower and sufficient protection against replay attacks. If the results are insufficient, then Coincheck could imagine not to list Bitcoin Gold. Also, Coincheck did not specify if they are trading options for Bitcoin Gold – which is the reason for the uncertainty for Coincheck customers. In the case of Hard Forks, you should prefer to take your Coins from a stock exchange. Although the probability that everything runs smoothly, ie the new coins on the account are booked, quite large, but there is no guarantee. You should always have the Private Key to have full access rights to your Bitcoin. If you would like to learn more about Bitcoin Gold, you can check out our Youtube videos, in which we explain the background and the danger and criticism BTC-ECHOAbout Sven WagenknechtSven Wagenknecht is the chief editor of BTC-ECHO and, in addition to editorial planning, is also responsible for Business Development. After studying as a banker, he studied politics and economics in Münster and completed various career positions, for example, in one of the leading company consultations and the Federal Ministry of Economics. In the field of blockchain technology, he is particularly fascinated by the long-term implications for politics, society and the economy. As a speaker, most recently at the St. Petersburg International Economic Forum 2017, he talks about the macroeconomic potential of the blockchain. All posts by Sven Wagenknecht Similar posts


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