As August ends up leaving a positive impact, what’s set for the cryptocurrency in November?
The world is full of mysteries but the more is the world of digital currency. The end of August is as alarming as the start of it was. Why saying so?
Because on August 1 forked the Bitcoin into BCH, and now in November another Bitcoin blockchain event has been announced to happen.
1st August, the most alarming situation for the Bitcoin account holders has gone leaving a positive impact on the world of digital currency as BCH was forked from Bitcoin on the very start of August.
At the time of fork, the KeepKey Wallet software holders automatically received BCH in their accounts and the user who opens new Bitcoin account in this software can see Bitcoin Cash listed at the bottom.
What is KeepKey?
KeepKey is a cryptocurrency hardware wallet provider. This wallet provider was acquired by ShapeShift earlier this month and was announced and updated beta version of the KeepKey client software and device firmware offering full support for Bitcoin Cash ( BCH ). To install KeepKey, one can visit Chrome Store.
The KeepKey Wallet software advises not to send Bitcoin Cash to a Bitcoin account intentionally because the users can’t access a transaction listing for Bitcoin Cash contained in a Bitcoin account.
Users are advised to create a new Bitcoin Cash account in order to do more with the account. The instruction is based upon the things available from a Bitcoin Cash sub-account and the things are sending, exchange with ShapeShift and hold only.
KeepKey’s dedication:
The software also provides Bitcoin Cash support for the KeepKey account and is excitedly releasing it from the last few weeks.
In case a user finds something unclear or incorrect he must inform the KeepKey team so that the superb services are provided by the KeepKey.
Users already having the beta release of the KeepKey client installed will be able to receive the updates automatically.
The upcoming event:
segwit2x has announced the Bitcoin blockchain event to happen in November, after the 90 days of the activation of Segregated Witnesses in the Bitcoin blockchain. The exercise is aiming at the increase of size from current 1MB to 2MB or not more than 4MB, and the enhancement of the computational capacity of the blockchain network as well.
The upcoming Bitcoin upgrade will happen at Block 494,784, while the current one is 476,808.
Through this blockchain, more than 90% of the computational capacity securing the Bitcoin network will carry on mining on top of this large block, expectedly.
