Statement From BitCoin-Gold To Coinbase

in bitcoingold •  7 years ago  (edited)

Earlier I posted a thread on Coinbase's statement about their intentions to honor BitCoin Gold and the hard-fork on Oct 15.

You can read the Coinbase statement here ==> https://steemit.com/bitcoin/@zero21mill/coinbase-on-bitcoin-gold

Basically - Coinbase stated that the developers have not made the code public so they don't know if it's secure...

BTC-Gold Team has responded to this....

BitcoinGold-logo0k.png

<><>QUOTE from BTC-GOLD Development Team><><>

"The Bitcoin Gold development team has been working an average of 16 hours per day over the past week to provide a secure and stable implementation of Equihash proof-of-work algorithm on Bitcoin, and we do not welcome this kind of speculation regarding our product."

"We kindly request that Coinbase review their statement and edit it in a way that is based only on facts, not assumptions." <><>END QUOTE<><>

You can read the entire statement here ===> https://btcgpu.org/bitcoin-gold-community-response/

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

@minnowpondred has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

        To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo
        To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo
        To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memo

Well, wether they like it or not, it's still no point against the statement of coinbase. If coinbase is not sure about BTG then this statement still won't change anything. So either they give the code free for public review or they have to live with coinbase being cautious.

On the other side, if they trust in their product, coinbase will see everything is working fine and add them later.

"We kindly request that Coinbase review their statement and edit it in a way that is based only on facts, not assumptions."

well, without public review about the code there are no facts to make a statement with ;)

The code IS public.

Ah okay. I was just reading the coinbase statement:

"At this time, Coinbase cannot support Bitcoin Gold because its developers have not made the code available to the public for review. This is a major security risk."

So I was assuming this must be correct. In that case it seems like I got something wrong :)

Yeah, the point of this post is that "BTC-Gold" is saying that their code is public and Coinbase didn't base their statement on facts.

I'm sure Coinbase will proceed accordingly, probably they won't change their place in this.

@cmtzco has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo
To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo
To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memo