The Monero developers have scheduled a hard fork rule change beginning at block #2210720 (estimated to be mined on October 18th, 2020, at 23:00 UTC). We will temporarily freeze our Monero deposit and withdraw functions on October 18th, 2020, at approximately 18:00 UTC starting at block #2210570.
This network upgrade will introduce important new features like the new ring signature construction CLSAG, which will reduce the typical transaction size by ~25% and improve typical verification performance by ~10%. Basically, every transaction will be lighter and faster. The complete list of changes and improvements will be released along with the new binaries.
In order to protect regular operations, BTSE will suspend processing of deposits and withdrawals starting at block #2210570, which is approximately 5 hours before the fork. You can check your Monero full node for the exact block height, or use a third party site like xmr.noctism.com for the countdown timer (we cannot be held responsible for errors made by third party websites). Any deposits made during this time will not be processed until after we re-enable deposits and withdrawals. We will re-enable deposits and withdrawals after it is clear the planned rule change has gone according to plan. This will be at BTSE’s sole discretion, but is expected, under normal circumstances, to occur within 72 hours after the rule change takes effect.
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