Blockchain, as a bitcoin wallet startup operating the world’s most downloaded wallet, has been attracting attention since its establishment in 2011.
Blockchain Wallet has launched an update for the mobile edition of Blockchain Wallet on May 1, 2018. The update details focus on support for Bitcoin Cash (BCH). When BCH users use Blockchain applications on their mobile phones, they can follow the flow of their property anywhere in real time, including sending, requesting, exchanging, and more. In addition, when BCH changes, users can immediately know and take corresponding measures through mobile phone push, instead of lagging mobile phone text messages.
As an established wallet company, it is difficult to turn the ship around. Every time Blockchain Wallet launches a new currency, it must be carefully considered, but this does not mean that Blockchain Wallet is a stubborn and conservative company. Notably, in August last year, the wallet offered users the option to create an Ethereum (ETH) software wallet. As the largest bitcoin wallet company, this was the first time that it integrated cryptocurrencies other than Bitcoin. The reason lies in the rising popularity of ETH and customer demand.
Similarly, since the BCH fork last year, Blockchain Wallet was initially unsure whether it would support BCH and monitored BCH for eight weeks, launching limited support for BCH on October 11 based on user demand.
Just a month later, Blockchain Company, which has tasted the benefits of BCH, commented on BCH. They believe the market demand for BCH has proven to be strong and believe it is likely to continue to exist, while stating that it will be fully supported when the market demand for BCH emerges. This is a big win for BCH, as Blockchain Wallet provides full support for BCH, which also upset some BCE supporters before implementing SegWit for BCE transactions.
Blockchain’s support of BCH for mobile wallet also represents its full support for BCH. The reason behind this lies in the superiority of BCH.
First, strong user demand. The controversy over the expansion of Bitcoin has lasted for several years, so BCH has accumulated several years of users. After its launch, in the face of the suppression of a strong currency, BCH is still unstoppable, turning its own historical gear, and its strong market performance has attracted a large number of users. At the same time, the support of most relevant service providers, exchanges and merchants is also boosting the popularity of BCH. One of the most important factors is that Blockchain Wallet is the largest Bitcoin wallet and, until Last August, only supported bitcoin. Since the BCH fork, large block supporters among Bitcoin users are naturally not satisfied that the wallet only supports BCE.
Second, solid technological progress. The BCH hard fork upgrade will come in mid-May. This is not BCH’s first technical upgrade, the last one was a hard fork upgrade on November 14 last year that tweaked the tuning algorithm. Last year, the BCH team proposed a plan to upgrade bitcoin Cash’s block size to 1GB.
In the era of mobile Internet, this support of BCH by Blockchain Mobile Wallet provides users with a better use experience. It not only reflects the advantages of BCH itself, but also brings a broader market for application vendors.
Article source: BitcoinCash information public account!