22 Feb '16, 6pm

Coinbase CEO Speaks out against Bitcoin Core Hard Fork, Trumpets Bitcoin Classic

If the switch to Classic were to happen, Armstrong believes that price of the cryptocurrency will scale up, along with increased confidence among the community. Furthermore, he believes that if the upgrade to Classic were to happen, bitcoin will ultimately come to exist in “an era of multiple competing teams and nodes, which will accelerate bitcoin’s protocol development. Future protocol upgrades proposed by Core, Classic, or any other team will be determined by a consensus vote using the blockchain, with the longest valid chain deemed the winner, envisioned Armstrong.

Full article: https://www.cryptocoinsnews.com/coinbase-ceo-bitcoin-core...

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