Testing BitcoinXT Makes Coinbase an Altcoin Company?

Testing BitcoinXT Makes Coinbase an Altcoin Company?

Following the release of a Bitcoin scaling roadmap by bitcoin.org, Coinbase CEO Brian Armstrong unexpectedly tweeted:

Coinbase is now running BitcoinXT (BIP101) in production as an experiment, more details will be released in a blog post.

After this tweet was sent out, the bitcoin.org administrator responded fiercely:

Coinbase is now running BitcoinXT on their production servers. XT is a controversial hard fork attempt that would create a new altcoin that would split the community. If such a thing were to happen, Coinbase customers might find that they no longer own real Bitcoin.

This pull request will remove Coinbase from the "Choose Your Wallet" page to protect users who may have chosen the wrong blockchain. Bitcoin.org only supports Bitcoin services. Companies using XT do not meet this standard because they support forked chains, attempting to switch to a new incompatible currency without broad consensus.

Bitcoin Core already has its scaling roadmap which will solve Bitcoin's scalability problem. I don't understand why @barmstrong feels the need to push XT this way. Almost everyone in the Bitcoin technical community supports the scaling roadmap.

As of press time, bitcoin.org has removed Coinbase from its “recommended wallets” page.

Provoking debate in the community

Bitcoin.org's move quickly sparked heated discussions in the community. "Bitcoin Jesus" Roger Ver tweeted in support of Brian Armstrong. He believed that Coinbase was helping Bitcoin scale. He also mentioned the two companies @blockchain @krakenfx and used the phrase "who's next?"

Bitcoin evangelist Andreas M Antonopoulos commented:

“Bitcoin.org admins are abusing their power (again), this is another single point of failure, boo!”

Has consensus really been reached?

According to the Bitcoin Core Extension Roadmap published by bitcoin.org, Blockstream became the final big winner. Pieter Wuille, the proposer of the Segregated Witness (segwit) solution, the developer of the final solution Lightning Network, and Greg Maxwell, the proposer of the entire extension roadmap, all came from this company. The expansion plans proposed by the other two core developers, Jeff Garzik and GAVIN ANDRESEN, were not adopted.

Now, Coinbase has chosen to test the BitcoinXT expansion plan that has been abandoned by miners. Previously, bitcoin.org administrator Theymos warned Coinbase that if it tested BitcoinXT, Coinbase would be regarded as a competing currency company.

As a leading company in the Bitcoin industry, Coinbase is testing BitcoinXT despite the risk of being banned. What do you think?

Original text: https://github.com/bitcoin-dot-org/bitcoin.org/commit/7d1cdd94651461ff13ad4ed10b05b2374690fac2
Compiled by: Satuoxi
Source (translation): Babbitt Information (http://www.8btc.com/coinbas_was_removed)


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