August 1st marks a very important deadline in the Bitcoin network with a possible “Fork” or “chain split” in the Bitcoin Blockchain being discussed.
In the following video, George Levy, Chief Learning Officer for Blockchain Institute of Technology describes what could potentially happen on that date and what steps you should take to protect yourself from unnecessary risk as well as capitalize on available opportunities triggered by a Fork in Bitcoin.
Additional Valuable Information Links:
Is Your Bitcoin Wallet Ready for a Hard Fork This August? – Bitsonline
Cold Storage: The Best Way to Protect Your Bitcoin During a Hard Fork – Bitsonline
Guard Against ‘Replay Attacks’ as Bitcoin Judgment Day Nears – Bitsonline
Big Block, Bitcoin Cash Hard Fork Beyond Our Control: Bitmain – Bitsonline
OKCoin: We’ll List Bitcoin Cash If Hard Fork Happens – Bitsonline
Potential network disruption – Bitcoin.org
Image credit: BTC Keychain