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Description of Bitcoin Gold from Koinim

Turkey’s oldest cryptocurrency exchangesKoinimfinally published a statement about Bitcoin Gold. While it was stated in the statement that Koinim will keep users’ Bitcoin Gold, it was also noted that there are still big question marks about the technology, similar to Bittrex.. Here is the statement from Koinim;

Bitcoin Cash support

As Koinim, our principle is to try to ensure that our users benefit from the fork that will occur in the blockchain to the maximum extent, provided that the security of your investments is essential.. After dealing with the Bitcoin Cash fork that took place on August 1 in line with this principle and undergoing an intensive technical evaluation process, we developed an infrastructure where you can safely withdraw your Bitcoin Cash balance, and we put this function into use before many global exchanges.

Bitcoin Gold.

491407 of the Bitcoin blockchain (presumably formed on 25.10.2017), known as “Bitcoin Gold”. We have been closely following this new type of cryptocurrency, which has been announced to be forked based on the block, from the day it came to the agenda, in line with this principle.. In the detailed technical and security analyzes carried out by us, it has been determined that the following problems regarding the aforementioned project still persist despite a short time from the announced date:

A yet stable software, infrastructure and testnet belonging to Bitcoin Gold.

Koinim added that Bitcoin Gold has no known developer group.

Contrary to what is claimed on the project’s website, Bitcoin Gold does not yet have “duplicate transaction protection”. Providing Bitcoin Gold support without duplicate transaction protection poses a security risk for the current Bitcoin balance.

There are conflicting statements between the current version of the project’s website and the previous versions, which creates serious uncertainty.

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The professionalism, planning and ecosystem support that makes it possible for us to provide Bitcoin Cash support cannot be observed in the Bitcoin Gold project.

Due to all these problems and risks, the vast majority of services, wallet software and hardware among the world’s cryptocurrency users, Bitcoin Cash It has not been able to undertake to provide Gold support.

It does not seem possible to support Bitcoin Gold, which has not yet met the necessary standards, in a secure manner in the current situation.. In the event of this forking, your Bitcoin Gold balance will be kept by us in any case, and in the future, if these problems caused by Bitcoin Gold are resolved and this cryptocurrency gains a certain value, the issue will be re-evaluated and our users will be able to withdraw Bitcoin Gold.

Segwit2x

The Segwit2x bifurcation, which is expected to take place in November and has already managed to gather more support, is also closely monitored by us.. Where possible, technical effort will be made to access your Segwit2x balance.

PTT Will Be able to Issue Electronic Money

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