One week after Bitcoin (Bitcoin) Become the legal tender of El Salvador, President Naib Bukler admitted that launching a national bitcoin wallet is too big a challenge.
Due to ongoing issues with the app Bukele, Salvador’s official Bitcoin wallet Chivo temporarily disabled new registrations for new smartphone models and stopped app downloads Said On Twitter later on Monday.
“Both functions will be enabled until the application is error free,” the president pointed out, adding that the Chivo team expects to resume registration and downloads within a few days.
“The technical error of the Chivo Wallet has been fixed 95%. In the next few days, it will run at 100% speed,” Bukele wroteHe pointed out that 200 Bitcoin ATMs in El Salvador are currently “working well”, and there are 50 Chivo-backed ATMs in the United States.
Bukele went on to say that the unsuccessful launch of the Chivo wallet was due to the premature launch. statement:
“It is a big challenge to launch everything in three months. We made mistakes, but we are already fixing them. Thousands of Salvadorans can already use Chivo without any problems.”
According to the president, the Chivo Wallet has accumulated 500,000 users since the application was launched last Tuesday.
related: Bitcoin investors are reportedly exempt from taxes in El Salvador
As previously reported, El Salvador launched an official Bitcoin wallet Cooperation with Mexican cryptocurrency exchange Bitso, Which stated that it is Chivo’s “core encryption service provider.” The wallet subsequently faced a major issue on the day of its release and was maintained offline due to capacity errors.although Chivo worked quickly to solve the problem, Many users apparently continue experience Problems dealing with certain users or withdrawing from Chivo claim The functionality of the application is “almost zero”.
Santiago Alvarado, Bitso’s director of cross-border payments, declined to comment on the functionality of the Chivo wallet to Cointelegraph, saying that the exchange “does not participate in the front-end development of the Chivo wallet at all.”