Blockchain.info to Support Bitcoin Cash

Blockchain.info just released a blog post saying they will support bitcoin cash (BCH). They have been monitoring it since the hard fork on August 1. Within the next 8 weeks they will be rolling out limited support for BCH via their settings panel. The panel is situated on the blockchain.info user wallet home page.

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Their website read: “Within the next 8 weeks, we’ll be rolling out limited support for BCH via the settings panel in your Blockchain Wallet. Users with balances of bitcoin in their Blockchain Wallet on August 1st will be able to access an equal balance, as of August 1st, of bitcoin cash.”

Why is Blockchain Giving Limited Access to Bitcoin Cash?

Peter smith, founder of Blockchain, tweeted why they were going to provide limited support for BCH. He said “current options for users are sub-optimal and many users have request help accessing their bitcoin cash.” In this sense, it appears more users need assistance gaining access to their BCH.

2/2 current options for users are sub-optimal and many users have requested help accessing their #BitcoinCash https://t.co/Ehz9MeotTs — Peter Smith (@OneMorePeter) August 22, 2017

Blockchain guarantees Exclusive Access to BCH Funds

Furthermore, the Blockchain.info blog suggested that users should not worry about losing their BCH. They will have total, exclusive access to their bitcoin cash funds so long as they stored bitcoin on blockchain.info prior to August 1. Their site elaborated:

“While no immediate action is necessary, rest assured that your funds are secure. Blockchain wallets are non-custodial and you hold the private keys, meaning you always have full, exclusive access to your funds — which are always accessible with your recovery phrase.”

Do you think more companies will roll out support for bitcoin cash? Do you think bitcoin cash will “be the bitcoin” of the future? Let us know what you think in the comments below.

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