Only a handful of Bitcoin wallet platforms too exchanges are supporting Bitcoin Cash depositsand withdrawals. Bitcoin users who received Bitcoin Cash (BCH) after the Aug. 1 hard fork tin utilize secure wallet platforms from Trezor, BTC.com too BitGo to safely shop BCH.
The Aug. 1 hard fork execution of BCH had minimal touching on on the Bitcoin network. Since then, Bitcoin has been on an upward trend, achieving novel all-time highs amidst ascent need from institutional investors.
However, Bitcoin Cash has struggled to demonstrate consistent growth.
Many Bitcoin exchanges too wallet platforms direct maintain expressed their reluctance inward supporting BCH due to technical difficulties too issues.
As Cointelegraph previously reported, fifty-fifty Trezor, which released a beta BCH wallet at 1 time after the fork was completed, explained that the integration of BCH was significantly harder than the squad expected.
In an official weblog post, Trezor revealed about of the difficulties its evolution squad faced:
“On the twenty-four hours of the fork, however, nosotros started noticing strange things happening. During the maintenance of the BCH Bitcore server, nosotros witnessed how the server started losing addresses too transactions. Addresses had negative balances, which should non last technically possible. This caused the initial delay inward deployment, equally nosotros could non unloose a Wallet that would purpose corrupted data.”
So, which Bitcoin wallet platforms back upward BCH?As of current, BTC.com, BitGo too Trezor are supporting BCH deposits too withdrawals. Users that direct maintain been credited alongside Bitcoin Cash upon the execution of its hard fork tin safely shop BCH on the iii wallets.
BitGo has integrated a user-friendly interface into its principal cryptocurrency wallet platform due to overwhelming need from BCH holders. Because many wallet platforms too exchanges similar Coinbase refused to render back upward for BCH, Bitcoin users that were credited alongside BCH requested prominent wallet platforms including BitGo to integrate support.
“Due to rigid client interest, BitGo volition enable sum back upward of Bitcoin Cash. You’ll presently honour a novel money inward the BitGo interface too last able to fully ship too have BCH from your BitGo wallet,”
said the BitGo team.
BTC.com was 1 of the kickoff wallet platforms inward the manufacture to integrate sum back upward for BCH users. Similar to BitGo, BTC.com developed a specific user-interface for BCH users. The BTC.com wallet
“As of Aug. 4, 2017, both electrical flow too novel BTC.com users tin send, have too shop Bitcoin Cash inward the BTC.com Bitcoin Cash wallet. The BTC.com Bitcoin Cash wallet is currently available equally a spider web wallet, too tin last best accessed from desktop,”
revealed BTC.com.
Why were wallet platforms hesitant inward providing back upward for BCH?The Trezor evolution team, the operating squad behind the virtually secure Bitcoin hardware wallet, best explained inward its weblog postal service equally to why many Bitcoin wallet platforms including Coinbase were hesitant toward providing sum back upward toward BCH.
During the ringlet out of Trezor’s BCH beta wallet too the launch of the sum BCH wallet, Trezor struggled alongside bugs that led to the disappearance of transactions on user wallets.
Although the bugs were fixed afterwards on through extensive investigation too development, Trezor noted that such bugs would non direct maintain transpired if the squad had plenty fourth dimension to exam BCH too the integration process.
“It is the lack of fourth dimension to exam applications, to uncovering too prepare mistakes. If to a greater extent than fourth dimension was available, nosotros would direct maintain caught this põrnikas during testing,” said Trezor
