Application program interface (API) is a set of routines, protocols, and tools for building software applications. An API specifies how software components should interact. Additionally, APIs are used when programming graphical user interface (GUI) components.
It's a clever hack, because instead of believing in God at the outset, you imagine yourself building an entity that is functionally identical with God. This way even committed atheists can rationalize their way into the comforts of faith.
We will be disabling deposits and withdrawals of Bitcoin (and all BTC related tokens) any time we deem necessary to ensure that all tokens stored on Poloniex remain safe. The length of any possible downtime is unknown as this is highly dependent on network stability. Our objective will be to bring the wallet back online and enable deposits and withdrawals as soon as we believe it is safe to do so. Trading will be unaffected during these periods.
At this time, we cannot commit to supporting any specific blockchain that may emerge if there is a blockchain split. Even if two viable blockchains emerge, we may or may not support both and will make such a decision only after we are satisfied that we can safely support either blockchain in an enterprise environment.