Crypto Hardware Wallet Ledger Resumes Bitcoin Cash Services

Bitcoin Cash (BCH) services for cryptocurrency hardware wallet Ledger have resumed, according to an announcement published Nov. 23.

Ledger suspended its BCH service on Nov. 14 in anticipation of the cryptocurrency’s hard fork “to prevent unwanted transactions and potential replay attacks.” During the service pause it was not possible to send BCH through the wallet’s infrastructure.

The BCH network experienced an upgrade on Nov. 15, resulting in a complex battle and eventually splitting the blockchain into two — BCH ABC supported by crypto evangelist Roger Ver and BCH SV led by Craig Wright. The hash war led cryptocurrency exchanges around the world to temporarily suspend BCH trading and withdrawals.

Today, Ledger announced it has re-enabled its BCH services such as adding accounts and sending the altcoin. The wallet also made a statement in its Twitter account:

“Our Bitcoin Cash service is back online in the form of Bitcoin Cash ABC. We’re also providing you with a help center article explaining how to claim your Bitcoin Cash SV. It is recommended to do this before sending Bitcoin Cash.”

Ledger noted that as of now BCH SV is not supported in Ledger Live. The company recommended its clients to use the Electron Splash splitting tool before making any BCH transactions. If not, users may purportedly risk losing their BCH SV if an attacker replays their transaction on the BCH SV chain or vice versa.

Earlier this month, the Germany-based IOTA Foundation announced its plans to integrate IOTA tokens with Ledger’s wallets. This will purportedly will allow users to protect their private keys, giving access to their IOTA tokens in a special chip by isolating users’ keys from their computers or smartphones.

In October, crypto software company launched a new hardware device  dubbed “Blockchain Lockbox,” that integrates with its existing online wallet, developed in partnership with Ledger. The device is designed to allow users to store all or a portion of their crypto holdings offline, with easy access to their online account.

Author: Cointelegraph By Ana Alexandre

Source link

Related posts

14 Thoughts to “Crypto Hardware Wallet Ledger Resumes Bitcoin Cash Services”

  1. gamefly free trial

    I take pleasure in, result in I discovered just what I used to be taking a
    look for. You’ve ended my 4 day lengthy hunt!
    God Bless you man. Have a nice day. Bye

  2. minecraft free

    My brother suggested I might like this blog. He
    was totally right. This post actually made my day.
    You can not imagine just how much time I had spent for this info!


  3. g

    I like the valuable info you provide in your articles.

    I’ll bookmark your blog and check again here frequently. I’m quite certain I will learn lots of new stuff right here!
    Good luck for the next!

  4. ps5

    … [Trackback]

    […] Find More Information here on that Topic: […]

  5. contactos mujeres

    … [Trackback]

    […] Find More here on that Topic: […]

  6. blue meanies live

    … [Trackback]

    […] Read More on that Topic: […]

  7. ขายเฟสบุ๊คยิงแอด

    … [Trackback]

    […] There you will find 78508 more Info on that Topic: […]

  8. sbobet

    … [Trackback]

    […] Information to that Topic: […]

  9. maxbet

    … [Trackback]

    […] Find More to that Topic: […]

  10. Umzugskartons

    … [Trackback]

    […] Find More to that Topic: […]

  11. Henry Magnum Express 22WMR Lever-Action Rifle

    … [Trackback]

    […] Read More on that Topic: […]

  12. mp3 juice

    … [Trackback]

    […] Info to that Topic: […]

  13. คาสิโนออนไลน์

    … [Trackback]

    […] Find More on to that Topic: […]

  14. PITOBI

    … [Trackback]

    […] There you can find 75595 additional Information to that Topic: […]

Leave a Comment