Home News El Salvador reportedly fixes crypto wallet after bumpy Bitcoin rollout

El Salvador reportedly fixes crypto wallet after bumpy Bitcoin rollout

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El Salvador reportedly fixes crypto wallet after bumpy Bitcoin rollout. Chivo Bitcoin wallet application was down for five hours. Due to maintenance procedures after users reported numerous problems with the application.

El Salvador’s BTC adoption initiative came across its first obstruction after Salvadorans reported errors when downloading and operating the Chivo wallet.

Although the Chivo wallet application was down soon after its official launching, Salvadoran President Nayib Bukele later declared that all the related errors have been resolved.

Only Samsung Galaxy S20 and Samsung Galaxy S21 support Chivo wallet

Thereupon the implementation of El Salvador’s BTC legislation, Chivo wallet went live on major app stores. Such as Google Play, Huawei AppGallery and Apple App Store.

After many user reports of system interruption and download errors, the Salvadoran president proclaimed a maintenance pause to ameliorate the user experience and solve reported flaws.

At the time being only Samsung Galaxy S20 and Samsung Galaxy S21 are the two devices in Google play supporting the Chivo wallet.

However, the government has asked citizens to report any technical flaws related to Chivo. So that it can “improve everyone’s experience”.

Businesses may now accept Bitcoin

Javier Argueta, the legal counsel to the president, has declared that local businesses may now accept Bitcoin. After the official announcement of adopting the cryptocurrency as legal tender in El Salvador.

For the final payouts, nonetheless, businesses still have the option to choose between BTC or USD. Furthermore, for merchants, the Chivo wallet offers conversion from Bitcoin to US dollars automatically.

McDonald’s, an American fast-food giant, is also now accepting Bitcoin payments in the country.

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