El Salvador’s Bitcoin wallet is facing technical challenges in wake of embracing the flagship cryptocurrency as legal tender.
El Salvador’s President Nayib Bukele says that due to the technical difficulties, the Bitcoin wallet known as Chivo will be taken offline during low-traffic hours for maintenance.
“We will take advantage of the early morning to make adjustments to Chivo wallet, improve the user experience and the problems it gave during the day.
We will disconnect the system from 1am to 6am to make these adjustments. Our teams are ready. We hope tomorrow is much better.”
President Bukele is also calling on Salvadorians to report the challenges they experienced when using the Bitcoin wallet.
“This will help us solve your specific problem and improve everyone’s experience. The site will remain open for future technical assistance.”
The Chivo wallet was developed by California-based startup BitGo, according to Forbes.
President Bukele says that the wallet would be made available for download on Google’s mobile app store gradually.
The Chivo wallet clinched the top position on Apple’s mobile app store in the finance category in just eight hours.Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/KeremGogus