[2017-10-07] Coinbase Reveals its 2x Fork Plans

[jamie.redman1]

Another large bitcoin exchange in the industry, Coinbase, has announced an update concerning the upcoming Segwit2x hard fork. The San Francisco-based trading platform and wallet provider follows the recent Bitfinex announcement detailing plans for a possible bitcoin split.

Of course, the announcement did not give away what everyone wanted to hear — Which is an answer to the question on how Coinbase will name each fork (due to the online debates around which fork has “the right to be called Bitcoin”).

"In the coming weeks — nearer to the date of the fork — we will provide a more detailed plan for how Coinbase will approach naming the two Bitcoin blockchains," explains Coinbase.

Read More Here >>> https://news.bitcoin.com/coinbase-revea ... ork-plans/

[OneChain]

They basically have to let users choose to avoid lawsuits.

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[CryptoBlackHat]

Even now, it seems that Coinbase doesn't have a clear plan for how they're moving ahead. Admittedly the whole 2x situation is a bit of a mess, but on Twitter they really didn't add much insight: https://twitter.com/coinbase/status/928476503062462464

We are actively monitoring today’s update on Bitcoin Segwit2x and will provide an update in the coming days.