Coinbase Will Always Support The Longest Valid Chain in Bitcoin. newsbtc Bitcoin wallet company Coinbase today clarified that it was never going to abandon Bitcoin Core for its scalable version XT.
The statement came in response to the certain allegations made by Bitcoin.org’s moderators Cøbra and T heymos . They had criticized the San Francisco startup and its co-founder Brian Armstrong for supporting the controversial Bitcoin soft fork – Bitcoin XT, fearing that their experimental attitude would one day make them move from the current Bitcoin client. This supposed misunderstanding ultimately led to Coinbase’s removal from their popular domain.
Theymos also requested Coinbase to submit an official response to the entire community, seeking clarity over their future plans with Bitcoin XT. He further sought promise from the Bitcoin wallet company that they wouldn’t abandon Bitcoin for XT (or similar client) without providing an appropriate advance notice.
Charlie Lee, the Director of Engineering at Coinbase, replied on Reddit: “I don’t think he [Brian Armstrong] ever said anything about switching Coinbase to XT. He’s only been trying to push the community and devs along to try to get a solution to scaling. Any solution will do, and not specifically XT. We also didn’t sign the joint letter proclaiming switch to XT and BIP101. You should double check that. Lastly, we never released an official statement saying anything about BitcoinXT, so it’s unreasonable for you to ask us to do that now.” The Coinbase co-founder put it in simple, straight words. “ Coinbase will always support the longest valid chain in bitcoin .” He added that they are running four different types of nodes in the production and XT is just one experiment. The outcome of this experiment will help Coinbase in ensuring that it continues to serve its customers in the event of a […]
