Bitcoin holders face potential exchange freezes as new chain rollout tests replay safety and market stability

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Japanese exchange GMO Coin may suspend several Bitcoin services when eCash takes its first balance snapshot at block 963,648, expected around midnight Japan time on Aug. 23. eCash is a new Bitcoin-derived chain planning to credit holders with a separate asset called ECX, with three deployment stages: Alpha (August), Beta (September) and Mainnet (October). The contemplated suspension covers spot trading, leveraged services, as well as BTC deposits and withdrawals. The exchange has not confirmed a specific timeline, while opt-in replay protection and thin liquidity could increase transfer risks. Neither GMO nor eCash have altered users’ existing BTC, but early chain instability could lead to transaction reversals.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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