BTC.com Launches Recovery Device to Get Your ‘Trapped’ Bitcoin Metselspecie
BTC.com has launched a recovery contraption te mid-August 2017 that would permit holders of the fresh cryptocurrency token Bitcoin Specie to access and recover their tokens.
BTC.com has launched a recovery implement te mid-August 2017 that would permit holders of the fresh cryptocurrency token Bitcoin Specie to access and recover their tokens.
Bitcoin Specie, BTC.com, SegWit
A latest price surge has enlargened the rente te Bitcoin Specie. Those who have bot holding Bitcoin prior to the Aug. 1 fork have their Bitcoin Contant trapped when a few exchanges determined not to support SegWit.
Now, depending on which wallet they&rsquo,re holding them ter, thesis Bitcoin Contant may still be recovered.
Cryptocurrency wallet BTC.com has launched a recovery implement ter mid-August 2017 that would permit holders of the fresh cryptocurrency token Bitcoin Metselspecie to access and recover their tokens.
The fresh token wasgoed introduced when the Bitcoin verhoging wasgoed split into two te early August due to disagreements among the developers. During the split, owners of Bitcoin tokens were allocated an equal amount of Bitcoin Metselspecie.
Te their blog postbode, BTC.com online marketing manager Nikol Daru said that the instrument wasgoed developed to facilitate the recovery process:
",Recovering Bitcoin Metselspecie from a Bitcoin wallet ter a do-it-yourself manner can be a risky process that requires serious expertise. That',s why wij have developed this designated recovery implement, to make the process effortless and seamless for everyone.",
During the split of Bitcoin and Bitcoin Contant, some cryptocurrency wallets have already supported the fresh currency.
Others, however, opted not to support it due to concerns about possible confusion among their customers, spil well spil the absence of technical resources for the integration of the fresh virtual currency.
You will need a BTC.com Bitcoin Metselspecie wallet to recover Bitcoin specie to and your Bitcoin wallet backup phrase.
Limited wallets supported
The launch of the fresh contraption, however, is not an assurance that all Bitcoin Specie holders will recover their tokens.
The service is only applicable to certain virtual currency wallets. Among the cryptocurrency wallets that are compatible and supported by the instrument are Mycelium and Blockchain.informatie.
Meantime, Bitcoin Metselspecie resumes to perform solidly te the market following its launch.
The fresh digital currency has already overtaken Ripple spil the third-biggest cryptocurrency te terms of market capitalization, following a acute increase te its price te the past 24 hours.
Spil of press time, the value of Bitcoin Contant is pegged at $795.
The Cointelegraph covers Fintech, Blockchain and Bitcoin bringing you the latest news and analyses on the future of money.
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