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Statement regarding the Bitcoin Gold fork

11 meses

Bitcoin Gold is a proposed fork of Bitcoin, sharing its transaction history up until the block height 491407 (around October 24th, 6 a.m. UTC). After the Bitcoin Cash fork in August, we implemented a snapshot and claim system for our platform. However, for several reasons we do not plan to support Bitcoin Gold in this new claim system:

  • There is no replay protection implemented what makes it very hard to split Bitcoin and Bitcoin Gold tokens.
  • Bitcoin Gold is still under development and it is not possible to audit the final consensus rules.
  • Bitcoin Gold does not launch immediately at the point when the chains diverge. The launch date is unknown.
  • There is no big community behind this project. It is possible that the Bitcoin Gold network and its tokens will not have any significant monetary value.

We believe that our users should benefit from forks wherever possible. We will continue to monitor the Bitcoin Gold blockchain and if the Bitcoin Gold network proves to be secure and valuable, we might offer a claim process at a later point. In this case, 1Broker will not sell or keep the Bitcoin Gold tokens associated with a customer for itself. For this reason, we will make a snapshot of all account balances (including open positions and orders) on October 24th after the announced fork at block height 491407.

If you want to make absolutely sure that you receive your Bitcoin Gold tokens, please withdraw your 1Broker balance to a wallet that explicitely announced to support this fork.

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