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Caution: operations with Litecoin continue normally
In recent years, the increase in users and operations using Bitcoin has caused congestion in the network that maintains the system. This has led to the need for adaptation to allow more transactions to take place.
This change has already happened successfully in other currencies like Litecoin, generating more processing capacity.
A controversial change
There is a controversy among several Bitcoin participants - as developers, miners, researchers and software producers - regarding the solution to be applied for network scalability.
There are some possibilities and ways to change the programs, but two solutions are the most likely to be applied (read more about this Blog Bitcoin Brasil article).
This may lead to more than one type of Bitcoin, as happened with other digital coins.
EXAMPLE: What will happen if Bitcoin turns two coins?
Do I have to do something to protect my bitcoins?
If your bitcoins are in Bitcoin Market, you do not have to do anything. The Bitcoin Market recommends that you do not move bitcoins during Bitcoin network instability.
In other words, our recommendation is that no deposit, payment or withdrawal / transfer of bitcoins be made from July 31, 2017 until the network becomes stable and secure again, which will be communicated by us.
If you have technical knowledge to store your bitcoins with you, it is a good solution for you to have the flexibility and power to decide what to do with your coins.
But, we emphasize that the bitcoins in custody of the Bitcoin Market remain safe, as always.
What will the Bitcoin Market do during the Bitcoin network instability?
To guarantee the safety of our customers, from July 31, 2017 Bitcoin Market will not accept deposits or withdrawals of bitcoins, except for transfers between customer accounts of the platform.
If you wish to send your bitcoins to another address, you must remove them from our website before this date.
Trading operations will be maintained.
When the Bitcoin network stabilizes, the Bitcoin Market will again make available the client's bitcoin balances for deposits and withdrawals.
This process has an indefinite duration and may take days.
What will be possible in the Bitcoin Market during the global instability of the Bitcoin network:
