Xapo refused to consider original BTC as "real" bitcoin

The provideder of bitcoin wallet Xapo refused to give a guarantee that it will recognize the BTC chain as a "real" bitcoin after the SegWit2x
10 October 2017   1354

As the head of the company Wences Casares stated, the BTC ticker will be awarded to the chain with the greatest difficulty.

As noted in the new message on the Xapo blog, the company's position on the upcoming hardfork is identical to the one it took before the Bitcoin cash hardfork. Users of the service, therefore, will have access to both coins after the fork, however, which chain will be considered as a real bitcoin, Xapo at a given moment can not say.

Xapo’s policy in regards to forks is that, when there is a fork, we always follow the chain with the most accumulated difficulty and we make the minority chain available to our customers for them to sell or withdraw from Xapo.
We are going to call the chain with the most accumulated difficulty Bitcoin or BTC . If the minority chain is the one with 1MB blocks we are going to call it BC1 and if the minority chain is the one with 2MB blocks we are going to call it BC2.
 

Federico Murrrone
Co-Founder and COO,  Xapo

Xapo was one of the companies that signed an agreement on the activation of SegWit2x. To date, however, the project has not done any additional official announcements.

Casa to Launch Lightning Node Mobile App Called Sats

Casa to Launch Sats App With Lightning Network Support
04 July 2019   882

Casa startup, specializing in the creation of secure storage systems for private keys, introduced a mobile bitcoin application Sats App, which makes it easy to manage Lightning-node.

Sats App is positioned as a non-custodial bitcoin wallet "with unique functions." According to Casa CEO Jeremy Welch, the SatsBack reward program will soon be launched, under which users will receive small amounts in BTC. For example, for connecting an application and a Casa Node device to each other, the user will receive 20,000 Satoshi.

Features are focused on increasing adoption of bitcoin and lightning nodes. You will be able to earn bitcoin if you don’t have a Casa node, but you will be able to earn bitcoin faster if you have a node.
 

Jeremy Welch 

CEO, Casa

He also added that the application, available for iOS and Android, is “secure, private and connects via Tor”.

According to CoinDesk, the startup earlier raised $ 3.5 million from Castle Island Ventures, Boost VC and Compound, and several other investors. Currently, a startup staff of 25 people serves users from 60 countries.