Ripple CTO Emeritus David Schwartz explained why major crypto exchanges like Coinbase and Kraken have not supported Bitcoin BLAKE2b, a Bitcoin fork using the BLAKE2b mining algorithm. He highlighted that exchanges may face technical and security challenges, such as the need for replay protection to prevent transaction errors between the original and forked blockchains. These safeguards are crucial to avoid user losses and ensure safe transaction handling. Schwartz's insights suggest that the hesitation is more about engineering and security risks than market demand, explaining the different exchange responses compared to other Bitcoin forks like Bitcoin Cash.
Ripple CTO Emeritus David Schwartz's explanation about Bitcoin BLAKE2b comes as 45 of 50 major cryptocurrencies on Pluang rose today. For readers following the broader crypto market, here is Pluang's snapshot as of Sep 18, 2026 22:51 WIB: Axie Infinity (AXS) gained 9.35% to Rp18.067 with a typical hold time of 62 days and a sell-heavy order activity of 94%, Ethereum Classic (ETC) rose 9.00% to Rp143.151 with 99% buy orders, and Neo (NEO) increased 8.59% to Rp40.799 with a typical hold time of 95 days.
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