El Salvador Official Bitcoin Wallet Fixed 95% immediately after crash

Just a week immediately after the official entry into force of the Bitcoin (BTC) law in El Salvador, President Nayib Bukele admitted that the implementation of the government’s Bitcoin wallet is fraught with problems.

El Salvador Official Bitcoin Wallet Fixed 95% after crash
El Salvador Official Bitcoin Wallet Fixed 95% immediately after crash

Chivo, El Salvador’s official Bitcoin wallet, has temporarily disabled new registrations and stopped app downloads for new smartphone versions due to ongoing challenges with the app, President Nayib Bukele stated on his private web page at the finish. of 15 September.

At the similar time, the president extra that the Chivo crew really should resume registrations and downloads for a handful of additional days. He mentioned that El Salvador’s 200 Bitcoin ATMs now get the job done flawlessly, as are the 50 Chivo-supported ATMs in the United States.

Both will be lively right up until the application is error-cost-free. The technical mistakes of the Chivo wallet have been corrected to 95%. In the up coming handful of days Chivo will get the job done one hundred%. According to the president, the Chivo wallet has amassed a complete of half a million customers because the application was launched on September 7th.

El Salvador has launched an official Bitcoin wallet in partnership with Mexican cryptocurrency exchange Bitso, which claims to be the key crypto support supplier for Chivo. The wallet then faced big challenges on launch day, owning to go offline for upkeep due to a capability error.

– See additional: El Salvador’s crypto wallet could value Western Union $ 400 million in yearly income

Despite Chivo’s rapid efforts to resolve the difficulty, a lot of customers seem to be to proceed to have difficulty creating transactions or withdrawing dollars from Chivo, with some customers claiming that the app’s performance is just about the similar as Chivo’s.

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