Statement about potential Bitcoin hard fork

Today, a statement was released by the major exchanges and service providers in the ecosystem voicing how we will handle the fork and what the roadmap may look like to a future where Bitcoin Unlimited becomes the dominant Bitcoin fork.

Running Bittrex the last 3 years has given us a unique perspective on hard forks and their potential impact on markets. When handled well, they can be positive drivers of innovation as well as provide benefits to the crypto-community by providing a voice to new ideas. Ultimately, we look to our users and the market to decide what ideas are viable.  

If Bitcoin Unlimited does successfully execute their hardfork, Bittrex would like to support both tokens.  The deciding factor will be whether we can protect our customers funds. The major danger is replay attacks as many of us saw during the Ethereum and Ethereum Classic fork. Once we determine that user funds can properly be protected, their will be a BTC ticker that represents Bitcoin Core and BTU which represents Bitcoin Unlimited. This will provide orderly trading and interoperability in the ecosystem.  

Below, you will see a link to a joint statement.


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