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David Bailey: Self-custody required for airdrop eligibility on fork day

David Bailey: Self-custody required for airdrop eligibility on fork day
Self-custody needed for airdrop eligibility

David Bailey highlights that individuals must hold their own cryptocurrency assets in self-custody to receive an airdrop associated with an upcoming fork event.

Users relying on third-party custodians may not be eligible for the distribution.

Bailey has previously stated that bitcoin protocol changes such as BIP110 require consensus among participants, otherwise the protocol remains unchanged, according to a recent article. He also described the failed BIP-110 takeover as bullish for Bitcoin, citing a prolonged campaign by a prominent developer in a separate report. These comments add further context to his position on self-custody and network changes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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