Why Did Coinbase Added ETC
Why Did Coinbase Add ETC?
Coinbase, the leading US cryptocurrency exchange, included Ethereum Classic yesterday (June 12), which is far stretch from other more prominent cryptocurrencies like EOS and Ripple.
The company’s sudden decision of adding ETC came as quite the surprise from the crypto community as its the 18th most viable cryptocurrency in the global marketplace. Over a dozen other cryptocurrencies have larger market values and volume according to CoinMarketCap.
Dan Romero, the vice president of the Coinbase acknowledged the fact that the community was taken back by this decision. He did emphasize that Coinbase is the primary reason behind the integration of ETC which is mainly due to its compliance with local regulations.
Why ETC Integration?
ETC is the result of the hard work by a team of developers that split the Ethereum blockchain network after the community came to a consensus regarding the loss of investors within the Decentralized Autonomous Organization (DAO). This is one of the first major Dapps on the Ethereum blockchain.
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