For those of you following Ethereum as of late, you’re likely aware that it’s been the target of a series of DoS attacks which compromise network stability and processing speed. To address this situation, the Ethereum Foundation is promoting a hard fork on October 18th 2016, which will cause temporary network instability.
During this period, your Ethereum balance is safe within Uphold, members can continue to store and trade Ethereum. However, deposits and withdrawals may be suspended until October 20th 2016, and potentially experience delays until the network stabilizes. Other mechanisms such as Bitcoin, Litecoin and bank transactions will not be affected.
Also, it’s important to point out that Uphold will only support one fork of the Ethereum protocol, at its sole discretion, and will not support any other alternative currency that may result of this fork. Nor will it recognize or deliver balance on any such alternate currency.
If you’re interested in transacting in alternative forked chains, please withdraw your ETH balance before Monday, October 17th 2016 at 15:00 UTC.
If you have any questions, please feel free to contact us at [email protected].