Bittrex Exchange has announced its plans for the approaching hard fork Bitcoin Private. Bitcoin Private will be issued to the holders of Bitcoin and ZClassic, but in the case of Bittrex only BTCP owners will be able to receive BTCP coins.
This is due to the fact that Bittrex is not going to support Bitcoin Private trading, but is ready to go to its users to meet the problems with Zclassic wallets.
Users holding Zclassic on Bittrex will be able to receive and subsequently withdraw BTCP. To do this, it is enough to keep the сryptocurrency in their accounts at the time of the Zclassic blockсhain, which will be made today, on February 28.
Bittrex draws attention to the fact that at this point ZCL should not be placed in the application for withdrawal of funds. ZCL I / O will also be unavailable at this time.
Bitcoin holders storing cryptocurrency at Bittrex, it is necessary to move it to another wallet, since they will not give out BTCP coins to the exchange.
In hard fork of bitcoin – Bitcoin Private (BTCP) developers intend to combine the features of the original cryptocurrency with technologies implemented in Zclassic / ZCash, for example zk-SNARKs. Holders of both cryptocurrencies are entitled to receive BTCP at a rate of 1:1.