Blockchain, the Bitcoin wallet startup that operates the world's most downloaded wallet, has been in the spotlight since its inception in 2011.
On May 1, 2018, the mobile version of Blockchain Wallet released an upgrade package. The details of this upgrade mainly focus on supporting Bitcoin Cash (BCH). When BCH users use the Blockchain application on their mobile phones, they can follow their property in real time anywhere. flow status, including sending, requesting, exchanging, and so on. And when BCH changes, you can instantly know and take countermeasures through mobile phone push, instead of delayed mobile phone text messages.
As an old wallet company, it is difficult for the ship to turn around, and every new currency must be carefully considered, but this does not mean that Blockchain Wallet is a stubborn and conservative company. It is worth mentioning that the wallet provided users with the option to create an Ethereum (ETH) software wallet in August last year. As the largest Bitcoin wallet company, this is also the first time that it has integrated a cryptocurrency other than Bitcoin. The reason for this is the rising popularity of ETH and the demand from customers.
Similarly, since the BCH fork last year, Blockchain Wallet was initially unsure whether it would support BCH, and monitored BCH for 8 weeks. Based on user demand, limited support for BCH was rolled out on October 11.
Just one month later, Blockchain companies that tasted the benefits of BCH commented on BCH. They believe that the market demand for BCH has proved to be strong, and they believe that it may continue to exist. support. This is a major win for BCH as the Blockchain wallet provides full support for BCH before implementing SegWit for BCE transactions, which also made some BCE proponents unhappy.
The support of the Blockchain mobile wallet for BCH this time also represents its full support for BCH. The reason behind this lies in the superiority of BCH.
One is strong user demand. The battle for Bitcoin expansion has been going on for several years, so BCH has accumulated users for several years. After its launch, it is still overwhelming in the face of pressure from strong currencies, turning its own historical gear, and its strong market performance has attracted large numbers of users. At the same time, the support of most related service providers, exchanges and merchants is also boosting the popularity of BCH. There is also a most important factor, Blockchain wallet is the largest Bitcoin wallet, which only supported Bitcoin until August last year. Since the fork of BCH, big block supporters among Bitcoin users are naturally not satisfied that the wallet only supports BCE.
The second is solid technological advancement. BCH will undergo a hard fork upgrade in mid-May. This is not the first technical upgrade of BCH. The last time was a hard fork upgrade on November 14 last year, and the adjustment algorithm was adjusted. And last year, the BCH development team also proposed a plan to upgrade the block size of Bitcoin Cash to 1GB.
In the era of mobile Internet, the support for BCH by the Blockchain mobile wallet provides users with a better experience. It not only reflects the advantages of BCH itself, but also brings a broader market to application providers.