This is specifically about Bitcoin Cash (BCH), Bitcoin (BTC) is not affected.

Roughly one week from now, next Sunday on 2020-11-15 at around 1200 UTC, the BCH network will undergo a network upgrade ("hard fork"). Long story short, the upgrade is contentious and may or may not cause a permanent split between what used to be the most prevalent node software (Bitcoin ABC) and the other major node implementations like Bitcoin Cash Node (BCHN) and Bitcoin Unlimited. The reason for this is that the former is trying to use its established position to impose a "miner tax" (IFP) on the network, which will be enforced only by that particular node software, while the other implementations will not care if it is paid or not. As such, a permanent fork will occur unless a majority of miners agree to pay the tax regardless of what node they are running.

We will be following the longest valid chain, as defined by BCHN. If the majority hashrate rejects the IFP and there is a viable minority fork, meaning a separate "ABC Coin" is created, this will not be supported. This means that similar to BSV, as it lacks replay protection, it will not be accepted, credited or refunded neither automatically nor manually, no exceptions. As such, please take care when making BCH donations after that time.

Due to the consequent reorg risk, on the morning of November 15th, BCH will be changed to require 100 confirmations until further notice. We may also suspend BCH spending if trading is halted on the exchanges we use to fetch price data. As such, we recommend that you finish sending any transactions and spend any existing balance before this time.


2020-11-15

- As previously announced, the number of required confirmations for BCH has been temporarily increased to 100.

Update: The fork did take place, but seems stable, as the BCHN side has almost the entirety of the hashrate. The confirmation requirement was therefore dropped to 10.


2020-11-19

- The number of required confirmations was reduced back to two, and everything is considered "back to normal".