Announcement on BCH Fork Arrangement of ViaBTC

ViaBTC
2 min readNov 10, 2020

Dear ViaBTC users,

The Bitcoin Cash (BCH) network will undergo a semi-annual hard fork upgrade at 12:00 on November 15 (UTC) as scheduled, and there are two node schemes, respectively Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN). Currently, BCHN has won the support from most miners and held the high ground in futures market. As a professional mining pool service provider, we will follow the community consensus. For BCH network security as well as your asset security, we make the following arrangements related to this fork:

  1. BCH Pool on our platform supports Bitcoin Cash Node scheme, and we have completed the switch and upgrade of node.

2. We launched Bitcoin Cash ABC Pool and named it after BHA Pool on November 10, 2020 (UTC). Please note: If you connect hashrate to BHA pool before the fork, you will receive BCH as mining profit. Conversely, if after the fork, you can get BHA as profit.

Snapshot

We will take a snapshot of BCH holding at 12:00 on November 15, 2020 (UTC). The new forked coin — BHA will be airdropped to your BHA wallet according to your BCH holding at a 1:1 ratio.

Deposit

We will suspend BCH deposit, withdrawal/ auto-withdrawal to external addresses at 10:00 on November 15, 2020 (UTC) while inter-user transfer, withdrawal/ auto-withdrawal to CoinEx will not be affected. It should be noted that only when your deposit has been credited to account before the snapshot can you get BHA. Since there’s no transaction replay protection in this fork, we will resume deposit and withdrawal of BCH and BHA after confirming the asset security of our platform, and keep you updated with the announcement.

ViaBTC reserves the right of final interpretation of this announcement.

ViaBTC Team

November 10, 2020

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