On November 15th at 12:00 PM UTC, the Bitcoin Cash blockchain will undergo another scheduled protocol upgrade, per the roadmap. With this upgrade specifically, there is a potential chain split of the BCH blockchain due to governance conflicts within the community. The Bitcoin ABC node development team is integrating an infrastructure funding plan, initially introduced by the miners, which allocates a small amount of the block rewards to funding development and infrastructure. Other developers have announced they will not be implementing these changes and have forked ABC’s code to create their own node, BCHN. They will continue relying on donations to fund all development including new features, maintainence and infrastructure for scaling. We have respect for both groups of developers, each pursuing funding with different approaches, each with their own advantages and disadvantages, to bring peer to peer, electronic cash to the world. As such, if there is a split then we will do our best to support both chains.
There is no way to know what will happen for sure, miners will ultimately make the final decision with their hashpower on and after November 15th, 2020. Right now, a chain split seems likely so we are working to support both chains. In the event of a BCH chain split, all SOUR tokens will split and exist equally on both chains in the address they were stored in at the Bitcoin Cash Block of the split. In order to split your SOUR, you must have the private keys for that address (WIF format is typically best). Many use an address that’s different from their usual spending because it’s typically necessary to expose the private key in order to split tokens from this address.
We advise all SOUR holders to refrain from sending large amounts of BCH or SLP tokens on the day of the protocol upgrade on November 15th, 2020 at 12:00 PM UTC. Afterwards, we will inform holders of recommended actions they should take in order to split their tokens before spending them. It may be advisable to move and store your SOUR on a paper wallet in preperation before the upgrade. With a paper wallet, you will have a safe, offline wallet and private keys that you can use to split your SOUR for each chain. Visit paper.sourtoken.cash and download the source code to generate your own BCH/SLP paper wallet offline.
SOUR Token Chain Split Contingency Plan
The plan is to deactivate all of our services starting on November 15th, 2020, continuing for a limited time per application. This includes:
• SOUR staking rewards
• #Donate4SOUR app which instantly rewards users in SOUR for donating BCH.
• SOUR Faucet
• SOUR Tipping
• SOUR Merch shop
• SOUR telegram bot
• SOUR Poker tournaments
• SOUR Paper Wallet Generator
• Airdrops to SOUR holders. *There are no airdrops scheduled for November due to the scheduled upgrade. Future airdrops may be split between chains or be limited to one chain, depending on the available infrastructure and services for each of those.
Depending on the SLP infrastructure available for each chain, it may take time to bring some services back online for one or both chains, or we may need to default to one chain for a majority of our services. We will work to bring our services back online for both chains as soon as possible and announce updates for each on KeepBitcoinFree.org, Telegram, Twitter and Memo. We will also recommend the tools necessary to split SLP tokens for each chain, such as split.fullstack.cash (which is still under development by psfoundation.cash & fullstack.cash).
Stay up to date and follow @keepbitcoinfree & @sourtoken
Peer to peer, electronic 🍋’s. Life is SOUR!