[2017-10-22] Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork Pl

[Immakillya]

Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork Plans

Seven of Japan’s leading bitcoin exchanges have announced their policies regarding the planned Bitcoin Gold hard fork of the Bitcoin network. The country’s largest exchange, Bitflyer, plans to distribute and trade the new cryptocurrency. Some exchanges will only distribute the coins, while others are taking a wait-and-see approach.

Bitcoin Gold Hard Fork

Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork PlansThe Bitcoin Gold hard fork of the Bitcoin blockchain is expected to take place at block 491,407, which will likely occur on October 25. A new cryptocurrency, bitcoin gold, is expected to emerge from the fork. Over the past few days, major Japanese bitcoin exchanges have announced their plans regarding this hard fork and how they intend to deal with the new cryptocurrency.

Bitflyer
Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork PlansJapan’s largest bitcoin exchange by volume, Bitflyer, announced on Saturday that its customers will be credited with an amount of bitcoin gold corresponding to the amount of bitcoin in their accounts prior to the split. No suspension of service is scheduled. The exchange wrote:

"If the BTG [Bitcoin Gold] split is deemed by Bitflyer to be permanent and secure in regards to customer assets, on November 1 (tentative), users will be credited with BTG and purchase and sale of BTG will be made available on Bitflyer.
In addition, the exchange detailed “after sufficient observation of the stability in the BTG chain after the split, BTG deposit and withdrawal services will be made available on Bitflyer.”


Coincheck

Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork PlansCoincheck announced its plans for the Bitcoin Gold hard fork on Thursday. “We are planning to provide bitcoin gold if a Bitcoin Gold split occurs,” the exchange wrote. However, Coincheck explained that there are circumstances where it may not be able to provide the new cryptocurrency, including a lack of adequate replay protection, miner hashpower, or protection from other vulnerabilities. In addition, the coins will not be made available if Coincheck decides that the “listing of bitcoin gold is inappropriate.” Currently, no service suspension has been planned. The exchange wrote:

"We are planning to distribute bitcoin gold after we confirmed its security and stability. We haven’t determined the specific date and time yet."


Continue reading
https://news.bitcoin.com/japanese-bitcoin-exchanges-bitcoin-gold-hard-fork/

[1714819217]

1714819217

[1714819217]

1714819217

[Kanapka]

I hope all exchanges follow the plan to distribute their Bitcoin Gold

[Jating]

Good decision for some Japanese exchanges to announced early about the Bitcoin gold fork stance. It will still be under the radar and they seems to be on a wait and see stage. Although of course we all want to get this free coins but if it not stable then how can the exchange support it? I also admire that it will just take 1 week to make a decision. Because I know a exchanges that took them 1 month to make decisions to support bitcoin cash before and up to know they are not yet giving the free coins to their customers. And now another fork is looming, so I think it will take time for this exchanges to make decisions regarding the support on Bitcoin Gold.