Hardware Wallet Ledger Resumes Bitcoin Cash (BCH) Services

Hardware Wallet Ledger Resumes Bitcoin Cash (BCH) Services

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November 24, 2018 by Jane
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Crypto Hardware wallet Ledger has resumed services for Bitcoin Cash [BCH] following its hard fork.  Ledger halted its Bitcoin Cash services on November 14, a day before the scheduled date of the hard fork. Ledger put a suspension to the BCH service to prevent unwanted transactions and potential replay attacks. During the time period of
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Crypto Hardware wallet Ledger has resumed services for Bitcoin Cash [BCH] following its hard fork.  Ledger halted its Bitcoin Cash services on November 14, a day before the scheduled date of the hard fork.

Ledger put a suspension to the BCH service to prevent unwanted transactions and potential replay attacks. During the time period of service suspension, Ledger wallet disabled the BCH transactions throughout its infrastructure.

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.

An update to the BCH chain on 15 November resulted in a complex circumstance in the blockchain world and divided the blockchain framework into BCH ABS and BCH SV. BCH ABS is backed by Roger Ver, a crypto-evangelist, and Craig Wright guides the BCH SV. The division was a major reason for the brief suspension of BCH’s transactions and trade throughout the world.

Ledger stated that it was renewing its Bitcoin Cash services in the form of Bitcoin Cash ABC, the apparent winner of the hash war. The company also provided a help center article to explain the process of claiming Bitcoin Cash SV.

Currently, BCHSV is not supported on Ledger Live and the wallet has directed its users to use the splitting tool Electron Splash before carrying out any Bitcoin Cash transactions.

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