Bittrex on SegWit2x: We Need ‘Clear Chain Preference’ From Industry

Major Bitcoin and altcoin exchange Bittrex has released a key statement on its treatment of the SegWit2x hard fork.

Bittrex: Bitcoin is BTC Until ‘Clear Chain Preference’

In explanatory comments today, Bittrex announced it would adopt a more conservative approach and refer to the Bitcoin core chain as ‘Bitcoin’ “until the industry and ecosystem demonstrates a clear chain preference.”

The exchange joins the increasing number of major cryptocurrency businesses taking an official stance on SegWit2x.

Some have reacted in defense of Core, shunning the incoming chain and refusing to support it, while others – Xapo being a notable example – have said they would rename the SegWit2x chain as ‘Bitcoin’ should the market so dictate.

Bitcointalk and co-owner Cobra has by contrast called for a whole new Bitcoin hard fork.

Bittrex meanwhile stopped short of making references to renaming chains or supporting that “with the most accumulated difficulty”, as Xapo and others have mentioned.

Maintaining its “neutral” position, Bittrex’s statement continues: […]

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