Hello everyone!
It's Pem from coins.ph. Just want to update you. Nag-release na po kami ng statement about the upcoming update to the bitcoin protocol, Segwit2x.
Read the full blog post here:
https://coins.ph/blog/upcoming-bitcoin-network-fork-english/Highlights:
1. This new change may potentially result in two chains.
2. Our team will be diligent in determining the most viable chain, and believes that one of the two chains will emerge as the dominant chain post-fork (based primarily on market price and secondarily on industry support and hashpower). The strongest one will be labeled as BTC.
3. For the minority chain, our team will monitor its adoption and determine to either: (1) support the new coin on our platform or (2) have our customers claim their funds to a third party wallet provider.
4. You will have an opportunity to receive your corresponding minority coins in either scenario.
5. In order to protect funds against replay attacks during the time of the hardfork Coins.ph may need to take appropriate action.
If you have any questions, feel free to message us!
