Please see our correspondence with the bitcoin Private team below:
On 2021-03-02 11:42 AltCoinTrader wrote:
We are concerned about the future of BTCP. Please can you give us an update on the network status, and also future plans for BTCP?
On 2021-03-02 20:01 Bitcoin Private Support replied:
Thank you very much for your email. We are currently in the process of finalizing the new chain, with nearly every aspect ready. Our devs are working hard to complete this phase as soon as possible, please refer to https://progress.btcprivate.org
for more detailed information. We have a version ready and have been doing internal testnets, we do want to to update the codebase to the latest ZCash codebase, so once this is complete we will roll out a public testnet.
Regarding the future of BTCP, I can assure you that BTCP will be back online shortly and that development will continue.
Bitcoin Private Support
Further considerations and comments from Richard de Sousa our CEO.
We are not confident in the future of BTCP and would urge all client to trade this coin with extreme caution. AltCoinTrader is at this stage still unsure as to what action we will be taking next, but as the BTCP chain is currently non functional with only the hope of it been reserected it is not impossible for us to consider delisting this coin from our exchange!
The action that we have already taken is as follows:
- We have placed a trading alert on the BTCP trading page
- We have removed BTCP from the front end of our site so if you are not logged in you can not see BTCP
- We have removed BTCP from view of all clients that did not hold BTCP on our platform.
- We have not delisted BTCP at this stage.
We have taken this action to ensure that new people do not buy BTCP as we have low confidence in the coin and it's future.
We urge all clients to do their own research regarding BTCP and would like to stress that we are not confident in this coin.
It is possible that BTCP will be delisted from AltCoinTrader in the future.