Over the last couple of months we have seen a continued rise in popularity and increased use of Bitcoin in the markets we operate. With increased popularity, comes a higher demand and there has been a global need to increase the Blockchain’s capacity to achieve faster transactions and low fees. The community has been exploring different ways of achieving this goal.
What this means is miners will need to upgrade their hardware and software. There are currently 2 categories of parties involved in this transition:
In view of this, BitPesa is preparing for the potential Bitcoin fork on 1st of August 2017 by making a few temporary changes to the system to protect our customers from any potential loss during/after the potential Bitcoin fork.