Binance Graciously Decides Not to Nuke the Bitcoin Blockchain

By CCN: Binance CEO Changpeng Zhao discussed the idea of potentially reorganizing the Bitcoin blockchain. In this vision, the 7,000 BTC recently stolen from the cryptocurrency exchange would be redistributed to miners in the form of fees. A coordinated effort with miners, within a specific time frame, could theoretically make it possible to empty the balances of the Binance hackers. Binance CEO: “It Wasn’t My Idea.” The idea didn’t originate with Binance or Changpeng Zhao, and CZ wants to be clear on that. It started with Bitcoin Core contributor Jeremy Rubin: @cz_binance if you reveal your private keys for the

The post Binance Graciously Decides Not to Nuke the Bitcoin Blockchain appeared first on CCN

Source: https://www.ccn.com/binance-graciously-decides-not-to-nuke-the-bitcoin-blockchain

Stay up to date

on all important crypto news!

The most important news, once a week. No spam.