Brian Armstrong AMA: ‘ETC Was Replay Attacked on Coinbase’
In the wake of the DAO hack, which had dire implications for the Ethereum blockchain, multiple exchanges acknowledged the existence of new alternative tokens, Ether Classic, based on the original Ethereum code. Exchanges accepted the new “ETC.” Ultimately, Coinbase worked towards the same. That decision turned out to be costly, as the exchange found itself in the middle of the war between Ethereum and its “Classic” rival. Coinbase Got Replayed. The company did suffer from a costly attack itself as fallout of the Ethereum attack. Coinbase CEO tweeted: The biggest news over the past two....
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Bitcoin exchange Coinbase will now include Bitcoin Classic as a means to block confirmation by running Bitcoin Classic nodes. The news was revealed by CEO Brian Armstrong following the fork’s announcement of a new code that pushes for doubling the blocksize to 2MB. In a Twitter post today, Coinbase CEO Brian Armstrong revealed that the bitcoin exchange will now integrate Bitcoin classic nodes. Armstrong also pushed for adoption of Bitcoin Classic among users via his personal Twitter account, calling the effort as a means to “help Bitcoin scale.” The announcement via a tweet came with....