Wances Casares, Xapo CEO confirms that it would provide the BTC ticker to “the chain with the most accumulated difficulty”.
According to the blog post issued on Monday, “We are going to call the chain with the most accumulated difficulty Bitcoin or BTC”.
“If the minority chain is the one with 1MB blocks we are going to call it BC1 and if the minority chain is the one with 2MB blocks we are going to call it BC2”.
Calls to boycott Xapo
Particularly, on this regard the discussion on social media that users conclude the way to avoid confusions from miners. It is substituting between more supporter that would change which ‘BTC’ chain.
Similarly, the famous Twitter commentator WhalePanda calling for an outright boycott of Xapo.
Meanwhile, still Bitcoin users are waiting for commitments from other major wallet providers. Noticeably, Coinbase stayed silent on the issue. But former engineer Charlie Lee sharing insights about appearance of fork on Nov 18.
Moreover, Xapo did not mention this month’s approaching Bitcoin Gold fork.