Coins.ph Summary:
Bitcoin network upgrade on August 1st will likely result in a fork, leading to Bitcoin (BTC) and BitcoinCash (BCC).
Your BTC and PHP will be safe and secure in your Coins.ph wallet during this transition.
Coins.ph will not be supporting BitcoinCash, so wallets containing BTC during the fork will not receive BCC.
If you wish to receive BCC you must remove your BTC from your Coins.ph wallet by 7am, August 1st.
BTC transactions will temporarily be suspended on Coins.ph starting at 7am on August 1st, 2017 until it is determined that your funds can securely be reconnected to the network.
Full announcement:
Dear Coins.ph Customer,
As the update to the Bitcoin network scheduled for August 1st draws nearer, we wanted to provide you with a status update of how we plan on addressing this at Coins.ph Our priority is the security of your funds, and we want to assure you that your PHP and BTC held on Coins.ph will remain safe and untouched during this upgrade to the broader Bitcoin network.
We have previously written a blog post regarding the underlying changes taking place, which you can refer to for further details.
It appears increasingly likely that there will be a fork in the Bitcoin network, which will result in the creation of a second blockchain called BitcoinCash (BCC) which will have its own token, separate from Bitcoin (BTC). Coins.ph does not plan on supporting BitcoinCash at this time. This means that anyone holding Bitcoin in a Coins.ph wallet during or after the fork will not be issued the new BitcoinCash tokens, nor will their wallets be able to send or receive these new tokens.
Similar to others in the industry, we consider any hard fork which is rolled out without industry-wide consensus, and therefore splits the network, to be an altcoin, not Bitcoin itself. This is irrespective of how much hash power the forked coin may have. Ours is only one voice of many, but this is entirely consistent with the view currently taken by the economic majority of Bitcoin exchanges.
Coins.ph has no plans of supporting BCC at the moment. Customers who want to transact in BitcoinCash (BCC) must send their Bitcoin stored on Coins.ph to an alternative wallet before 7 am on August 1st, 2017 (Philippine time).
Bitcoin transactions will temporarily be suspended on Coins.ph on August 1st, 2017 starting at 7am as the network changes come into effect, and will resume once our team has determined that your funds can securely be reconnected to the network. During this time your Bitcoin will not be accessible, but you may continue to use our range of services through your PHP wallet.
We will continue to keep a very close eye on the status of the Bitcoin network’s changes. If you have any questions regarding this, please do not hesitate to ask us. And, keep an eye out for more announcements on our Facebook post early next week.
All of the best,
The Coins.ph Team
https://coins.ph/blog/upcoming-bitcoin-fork-and-your-coins-ph-account/Coins.ph Summary:
Ang upgrade sa Bitcoin network sa August 1 ay inaasahang magresulta sa isang fork na hahatiin ang virtual currency sa dalawa, ang Bitcoin (BTC) at BitcoinCash (BCC).
Ang BTC at PHP sa inyong Coins.ph wallet ay mananatiling safe at secure sa panahon ng pagbabagong ito.
Walang planong magsuporta ng BitcoinCash ang Coins.ph sa kasalukuyan, kung kaya ang mga wallet na may BTC habang may fork ay hindi makakatanggap ng BCC.
Kung nais mong gumamit o magtransact ng BCC, kinakailangan mong tanggalin ang niyong BTC sa Coins.ph wallet papunta sa alternatibong wallet bago mag 7 AM ng August 1, 2017.
Pansamantalang sususpindihin ang mga BTC transaction sa Coins.ph mula 7am ng August 1, 2017 hanggang masiguro namin na ang inyong pondo ay ligtas nang ma-connect muli sa network.
Full announcement:
Dear Coins.ph Customer,
Sa paglapit ng pag-update ng Bitcoin Network sa August 1, nais namin kayong bigyan ng status update kung papaano namin ito pinaplanong askyunan sa Coins.ph. Ang seguridad ng inyong pondo ang aming prayoridad, at gusto namin kayong bigyan ng kasiguruhan na ang PHP at BTC niyo na nasa Coins.ph ay mananatiling ligtas at hindi magagalaw sa panahon ng pag-upgrade na ito sa mas pinalawak na Bitcoin network.
Para sa karagdagang impormasyon, maaari niyong basahin ang sinulat naming blog post na nagpapaliwanag ng mga batayan ng mangyayaring pagbabago.
Lumalaki ang posibilidad ng pagkakaroon ng fork sa Bitcoin network na magreresulta ng pagabuo ng ikalawang blockchain na tinatawag na Bitcoincash (BCC). Magkakaroon ito ng ibang token na hiwalay sa BTC. Walang plano ang Coins.ph na sumuporta ng BitcoinCash sa panahong ito. Ibig sabihin, ang mga may hawak ng Bitcoin sa kanilang Coins.ph wallet habang at pagkatapos ng fork ay hindi mabibigyan ng BitcoinCash tokens. Hindi rin makakatanggap o makakapagpadala ang kanilang wallet ng bagong tokens na ito.
Kagaya ng ibang nasa industriya, itinuturing namin ang kahit anong hard fork na hindi pinagsangayunan ng buong industriya, at nagresulta ng paghihiwalay ng bitcoin network, bilang isang altcoin at hindi Bitcoin. Hindi isinasaalang-alang rito kung gaano kalakas ang hash power ng forked coin. Ang aming boses ay isa lang sa nakararami, pero ito ay alinsunod sa pananaw ng nakararaming Bitcoin exchanges.
Sa kasalukuyan, wala pang planong magsuporta ng BCC ang Coins.ph. Sa mga customer na gustong gumamit o magtransact gamit ang BCC, kinakailangan nilang tanggalin ang kanilang BTC sa Coins.ph wallet papunta sa alternatibong wallet bago mag 7 AM ng August 1.
Ang mga bitcoin transactions ay pansamatalang susupindihin, simula August 1, 2017 ng 7am, sa pag-epekto ng pagbabago sa network. Magbabalik ito kapag nasiguro na ng aming team na ang inyong pondo ay ligtas nang ma-connect muli sa network. Sa panahong ito, hindi niyo magagalaw ang inyong Bitcoin pero maaari pa rin gamitin ang iba naming services gamit ang inyong PHP wallet.
Ipagpapatuloy namin ang masinsinang pagbabantay sa mga pagbabago sa Bitcoin network. Kung may iba pa kayong katanungan tungkol dito, huwag po kayong mag-atubiling magtanong sa amin. Mag-abang rin po tayo ng mga announcement sa aming official Facebook page sa mga susunod na araw.
All of the best,
The Coins.ph Team
https://coins.ph/blog/upcoming-bitcoin-fork-and-your-coins-ph-account-2/Paano yan guys?, Paano mga BTC natin sa Coins.ph, wala pala tayong chance makareceived ng BCC.