The Globee platform is an international payment service that conducts instant transactions on the Bitcoin network via the Lightning Network. Until yesterday, the GloBee crypto-processing service supported payments for Bitcoin Cash, along with Ethereum, XRP, Monero, Litecoin, Dogecoin and Decred.
Now the platform has come to the conclusion that the future of Bitcoin Cash is uncertain, and trading the asset is too big a risk for users after the hard fork and the growing tension around the network. According to the company, the hard fork carries a potential danger after splitting into two versions of the network, which will lead to failures in Bitcoin Cash payments. To minimize risks for traders and investors, Globee decided to remove Bitcoin Cash from the list of services offered by the service.
Director of Strategy at blockchain startup Blockstream, Samson Moe shared a screenshot of Globee's email on Twitter.
It is noteworthy that on the eve of the hard fork, most exchanges planned to support both Bitcoin Cash networks. After the split, most platforms came to the conclusion that they would prefer Bitcoin ABC as the main network. Now, it seems, against the backdrop of unceasing Craig and bearish market trends, crypto platforms have decided not to take risks and are beginning to abandon the scandalous and unreliable crypto asset.
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