Bitcoin-Qt/bitcoind core developer Sipa (Pieter Wuille) shares the details about today’s blockhain fork with a post on the BitcoinTalk forum.
“If you are not a merchant or a miner, don’t worry.”
“If you’re a merchant: please stop processing transactions until the chains converge.”
“v0.7 or older, the client will likely tell you that you need to upgrade. [There is no need to] follow this advise – the warning should go away as soon as the old chain catches up.”
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