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Bitcoin and Gold Exchange Vaultoro withdraws from the New York Accord

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Bitcoin and allocated gold exchange Vaultoro withdrew its support for the New York Agreement (NYA), citing the lack of replay protection to the exclusion of the band Rigid SegWit2x proposed.

Vaultoro withdraws support from the NYA

Vaultoro co-founder Joshua Scigala made the announcement on Twitter, stating that the company had signed the NYA to "help dislodge the stalemate" between the various camps in the debate over l & # 39; climbing.

"It worked," he said, because "we now have segvings." Scigala refers to Segregated Witness, the scale solution that was activated on the bitcoin network in August.

He added that he was ready to follow through on his promise and support the SegWit2x pitchfork in November, but he can not do it in any good conscience since the developers of SegWit2x have up to 39% of the time. here refused to grant them protection from replay. in the source code of the project.

The debate on the protection of repetitions

The subject of protection against repetition has been hotly debated between supporters of Bitcoin Core and SegWit2x. Basic supporters argue that since SegWit2x moves away from the main bitcoin blockchain, its developers should include replay protection. What replay protection essentially consists of helping computers on the network to distinguish the two different versions of bitcoin, separating them more or less into two distinct cryptocurrencies. Without replay protection, an attacker can broadcast a transaction on multiple blockchains, potentially stealing money from an unsuspecting user.

Proponents of SegWit2x maintain that their bitcoin version will be the real bitcoin, so they declared their aversion to separating bitcoin into two distinct cryptocurrencies. SegWit2x developer Jeff Garzik proposed opt-in replay protection, but this would require users to manually activate protection and have been criticized as "useless" by opponents.

CCN reached out to Vaultoro for clarification as to whether they will again support SegWit2x if replay protection is implemented, but they did not immediately respond to a request for comment.

Vaultoro joins a growing list of NYA signatories who have withdrawn their support to the hard pitchfork. Bitwala announced in August that it considered Core Blockchain as the real bitcoin, so it will only accept the range if Core decides to support SegWit2x. F2Pool said that they only agreed to support the NYA until July; they still report for SegWit2x, but they say that it will change the next time they update their pool servers. Finally, the Yours web content platform has withdrawn support from NYA and has decided to launch its service on the bitcoin bitcoin chain.

Image from Shutterstock to photo

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