Exchanges· ★★· neutral·

David Schwartz explains exchanges' reluctance to list Bitcoin BLAKE2b

  • —Bitcoin BLAKE2b is a separate bitcoin fork network using the BLAKE2b algorithm instead of SHA-256
  • —Coinbase, Kraken, and Trezor are not listing the asset, though they supported Bitcoin Cash and Bitcoin SV
  • —Schwartz linked the refusal to engineering vulnerabilities and the risk of fund loss
  • —For safety, exchanges need replay protection for transactions between chains
Why it matters: It shows that exchanges assess bitcoin forks by technical risk, not just demand, which affects the liquidity of new assets.
#BTC#BCH#BSV
Source: U.Today
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