On 15 November 2018, the Bitcoin Cach (BCH) had a hard fork; the main BCH chain split into Bitcoin Cash and Bitcoin SV (Satoshi Vision). Bitcoin SV is a project led by Craig Wright's team with the main idea to increase the block size from 32 to 128 Mb to scalable.
Hard Fork Resuls
After the hard fork, all the holders had two balances. One in BCH and the second in BSV. You can also manage your Bitcoin Cash and Bitcoin SV in a non-custodial Atomic Wallet. It's the universal wallet that supports both of the coins and other 300+ cryptocurrency assets in one secure interface.
How to split Bitcoin Cash forks BCH / BSV
To protect yourself from double-spending you need to make your coins split. The easiest way to split these coins is to send one of them to your account on an exchange that supports both forks (Poloniex etc.). The second coin will be sent to it automatically. Then you can withdraw the Bitcoin Cash and Bitcoin SV funds to your Atomic Wallet address. Once withdrawn, these coins become split and can be used separately.
- Send BCH to exchange
- Both of the coins are sent automatically
- Receive it on Exchange separately
- Withdraw it back by each other
- Now it is split in your Atomic Wallet
These exchanges are using splitter tools to mix each of your transactions with a special one. This measure helps make each transaction unique and prevents networks from simultaneous broadcasting.
After that, there is only one warning: If someone sends you an unsplit coin, your BCH and BSV will stick together again. Please be careful.
Where to store Bitcoin Cash / Bitcoin SV
You can store and manage your BCH, BSV, BTC, ETH, LTC, XRP, and other 300+ cryptocurrency assets in a decentralized multi-asset Atomic Wallet. It's a non-custodial wallet since all private keys are stored in an encrypted manner on the end-user device and never leave it. So, your money is totally under your control.
We are happy to provide you with the most convenient and versatile solution to hold and manage all of your cryptocurrency assets. Download the latest version of the App and enjoy your assets being safely managed!