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Dear community,
At approximately 2020/11/15 12:00 PM (UTC), the Bitcoin Cash (BCH) blockchain is scheduled to undergo a hard fork. There is likely a chain-split between the two main BCH clients, Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN), making this a contentious hard fork that may result in an additional token. Binance.com has released an announcement regarding the BCH hardfork event. There are pegged BEP2 and BEP20 BCH tokens on Binance Chain and Binance Smart Chain, thanks to Binance Token Canal Project. The plan is set up to maintain the security of the token holder fund.
Regarding the BCH Hard Fork
Binance.com will credit users with BCH from the chain with the most work done. The tokens from the minority chain will be issued on Binance Chain and Binance Smart Chain. These new tokens will be bind together.
We will then also airdrop the coin from the minority chain at a ratio of 1:1 to token holders based on the snapshot of BCH balances at 2020/11/15 12:00 PM (UTC), as stated above. Further details regarding this distribution will be stated in a separate announcement.
Regarding BCH holding in dApp
Binance Chain Community
2020/11/05
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