As most of you know, on August 1 the bitcoin blockchain will
probably fork, leaving users and companies with two different blockchains to work with.
In the case of gambling sites with external-user-backed bankroll, this will affect both gamblers and investors.
Can you please share your plans about the upcoming fork? Specifically, it would be interesting to know:
- if you expect business to go as usual in the days immediately before and after August 1;
- what side, if any, you are planning to work with;
- if you expect significant withdrawals in the days prior to the split;
- if so, if you plan to keep the hot wallet sufficiently overfunded;
Thank you in advance.
Update to our previous response:
We will have a few possible plans listed out in a blog post coming in ~7-10 days, basically, a plan for if UASF succeeds, UASF fails, or any other similar scenarios. We will then make a second post around mid-July when the state of, and support for UASF, SegWit2x, etc. are more solidly known. Due to a large number of variables, we aren't able to fully commit to supporting a specific side yet. Feedback from our investors and players will be taken into account, as well as which side appears to be gaining the most support in the bitcoin economy as a whole.
As for pre-fork plans, withdrawals requested at least a few hours before any expected fork date will definitely be processed before the fork. Hot wallet levels will be somewhat higher than usual. Any large requests (~several BTC) will still be manual, but we'll be processing things much more quickly near the fork time.
To answer the other questions. We do expect some of our investors to divest, if there is a chain split, some will support one chain, others will support the other chain. However, this is an event that hasn't really occurred before, so this is at best an educated guess. We are fully prepared for any scenario.
Edit: See our
blog post.
