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When Bitcoin core developers disagreed, a group decided to copy and modify Bitcoins code to create Bitcoin cash. In a blog post, Coinbase said they considered developer and community support, security, stability, market price and trading volume when deciding to fully support the digital currency. Update: As of now both Coinbase and gdax seem to be experiencing intermittent outages and. Announced today via a blog post to users, the decision to add the cryptocurrency, the third-largest by market capitalization, comes months after developers backing the effort cloned the bitcoin blockchain, effectively creating a competing network that claimed to enable a greater volume of transactions. Exchange startup Coinbase has already moved to disable trading of its newest asset.
The service outage does not appear to have affected either the exchanges other assets or its Coinbase brokerage service, which allows users to buy and sell bitcoin, ether and litecoin. Trading image via Shutterstock. Representatives for Coinbase did not immediately respond to a request for comment. 88 comments 87 Upvoted, sort by, community Details. Coinbase has made it clear they want to support many more digital currencies in the future, so in one sense it should be expected that theve added the third largest currency by market cap. Note: The writer owns a small amount of cryptocurrency.
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