I really can not stand how they are handling Bitcoin. It is clear they do not want a truly decentralized system to flourish, despite what their framework says.
I am not a fan of secret agendas and greedy hands. It is possible to make money and be respectable, but Coinbase has chosen a different path.
It saddens me because Coinbase was my entry point into crypto, and now I feel they've aligned themselves against what the entire system should stand for.
Goodbye Coinbase. For your sake, I hope you can redeem yourself. But for now, you are losing a customer for a company with standards and values that actually reflect in their actions.
Edit: For anyone wanting to do the same. https://support.coinbase.com/customer/portal/articles/2063066-how-can-i-close-my-account-
A Few reasons: The way they handled the release of Bcash (Roger Ver defended the Insider Trading), The CEO Brian Armstrong is clearly against Bitcoin, They have yet to implement segwit in a timely manner. It is clear to me they would like to make money over sticking to their standards and values. As stated above, it is possible to do both.
Another: Spamming the network
Ross Ulbricht, popularly known as the `Dread Pirate Roberts´, the owner of the infamous Silk Road market, has been transferred without any prior notice to the family. The family paid a visit to him, and upon the visit, they realized that their beloved, Ross Ulbricht had been transferred away from the Metropolitan Correctional Center in New York.
The news that came after his arrest was in series, and it seems not to have ended. The family publicly announced the transfer of Ross on…
Well I'd recommend using some 3rd party API and wait for at least 3 confirmation so it's sure that the btc has arrived.You could also run a wallet and check it periodically whether new transactions have arrived and if they did then track them until 3 c…
Bitcoin Forum – Project Development
I know that for a mining reward, a (special?) transaction is included in the the block (in the merkle tree I believe?)
But how is a transaction fee payed out exactly?
Is this also a special transaction?
I would imagine the sender of the transaction has to then also include an extra transaction to pay out the fee?