Dear Coinbase Customer,
We are contacting you to make you aware of recent developments
in a number of proposals for technical changes to Bitcoin. All BTC
stored on Coinbase will remain safe during these events
described below.
The User Activated Hard Fork (UAHF) is a proposal to increase the
Bitcoin block size scheduled to activate on August 1. The UAHF is
incompatible with the current Bitcoin ruleset and will create a
separate blockchain. Should UAHF activate on August 1, Coinbase
will not support the new blockchain or its associated coin.
The User Activated Soft Fork (UASF) is a proposal to adopt
Segregated Witness on the Bitcoin blockchain and could result in
network instability. It is scheduled to activate at the same time as
the UAHF.
To ensure the safety of customers’ funds, we will temporarily
suspend BTC deposits, withdrawals, and buy/sell starting
approximately 4 hours before activation of either fork.
If you do not wish to have access to UAHF coins, and do
not wish to access your BTC during the fork, you are not
required to take any action.
If you do wish to have access to UAHF coins or access your
BTC during the fork, you should send your BTC from
Coinbase to your external address by July 31.
For more information on these potential Bitcoin forks, please refer
to this article: https://support.coinbase.com/customer/portal/articles
/2844217-uahf-uasf-faq.
Thank you,
Coinbase Team
Check out our Status Page and Twitter for the latest updates from Coinbase.
Coinbase no-reply@updates.coinbase.com
Thu 7/20/2017 2:44 PM
7/20/17, 7:06 PM
© Coinbase 2017
7/20/17, 7:06 PM