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Following a fork – Magnr does not intend to support two separate Bitcoin blockchains. Instead we will favour the blockchain that holds the greatest value by market capitalisation. We will use this metric to determine which chain to continue building our business around. We expect this to be the chain which maintains the highest level of Tier 1 liquidity in the period following the fork.
The majority of Magnr clients use Bitcoin as an investment seeking to pursue the highest financial return possible. It is our pledge to maintain as much asset value as possible on behalf of Magnr’s clients.
The majority of Magnr clients use Bitcoin as an investment seeking to pursue the highest financial return possible. It is our pledge to maintain as much asset value as possible on behalf of Magnr’s clients.
To read our full statement on our approach to the hard fork hit up the link below:
https://magnr.com/blog/bitcoin/bitcoin-fork/
Regardless of the outcome, in a time of heated debate, we would like to acknowledge and thank everyone in the community for pushing the ideals and values they believe in. Lets all unite and remember that we are all on the same sides despite differences in opinions.
Stay safe during the fork!