Coinbase announces switch to Bitcoin Classic

Announcements | February 12, 2016 By:

Coinbase CEO Brian Armstrong announced that Coinbase will now include Bitcoin Classic as a means to block confirmation by running 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.” He also confirmed the interoperability of bitcoin belonging to the company’s users, stating their validity across all nodes.

Armstrong goes on to make it clear that regardless of Coinbase adoption, users’ BTC will be valid on all implementations – a rare but much-needed statement of fact in the turbid waters of the current block size infighting among the Bitcoin community. Regardless, the response to the announcement leans toward the negative from Twitter and Coinbase users.

Coinbase is a bitcoin wallet and platform where merchants and consumers can transact with bitcoin.