Ripple’s David Schwartz Explains Why Exchanges May Avoid Bitcoin BLAKE2b
4 Articles
4 Articles
🚨 David Schwartz revealed that major exchanges see security risks in a new Bitcoin-based asset. 📌 At the center of the discussion is Bitcoin BLAKE2b, which operates on a separate chain from Bitcoin. 🔐 Schwartz emphasized that replay protection is critical on new chains that share a common transaction history with $BTC. 🧭 The cautious stance of platforms like Coinbase and Kraken was attributed to the possibility of technical vulnerabilities. …
Ripple’s David Schwartz Explains Why Exchanges May Avoid Bitcoin BLAKE2b
Ripple CTO Emeritus David Schwartz has weighed in on the debate over why major cryptocurrency exchanges such as Coinbase and Kraken have yet to support Bitcoin BLAKE2b, a Bitcoin-derived asset operating on a separate blockchain. The discussion emerged after a user on X questioned why exchanges and wallet providers that previously supported Bitcoin forks have seemingly ignored Bitcoin BLAKE2b. The user pointed to earlier forked cryptocurrencies s…
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