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US exchange and wallet provider Coinbase is facing fresh criticism from both users and Bitcoin industry figures over its delayed SegWit adoption.
âYou Alone Are Spamming The Networkâ
As the company continues to suffer technical outages due to high demand, its effect on the Bitcoin mempool has become the source of renewed calls for SegWit as a priority.
âYou need to batch your outgoing transactions,â Twitter user Civ Ekonom wrote in response to Coinbaseâs latest reported system breakdown.
You are ALONE spamming the network. If you would use segwit and batch all outgoing transactions the mempool would be EMPTY.
Citing analysis of the mempool as âclear evidence,â the mempool size appears to drop significantly when Coinbase recently suspended sending Bitcoin. This has added fuel to existing community anger that the exchange has failed to implement SegWit, which would significantly reduce the cost of Bitcoin transactions it handles.
You need to batch your outgoing transactions.You are ALONE spamming the network. If you would use segwit and batch all outgoing transactions the mempool would be EMPTY!!This picture is a clear eveidence of this!This is your core business and you are ruing it for your customrs pic.twitter.com/d83V7xgToA
â Civ Ekonom (@CivEkonom) January 12, 2018
New GM: Performance âTotally Unacceptableâ
CEO Brian Armstrong has also borne the brunt of accusations regarding his exchangeâs performance and roadmap. Last year, he claimed SegWit was not a high priority on Coinbase customersâ wishlists.
In a different response to the outage, Blockchain real estate personality Ragnar Lifthrasir went as far as to suggest firing Armstrong would serve to improve Coinbaseâs reliability.
Earlier this week, Bitcoinist reported on a user-filed petition on Change.org to force a SegWit upgrade as a priority. That petition has now accrued over 8000 signatures.
In its latest official correspondence Thursday, Coinbase focused on âimproving customer experienceâ via its new general manager Dan Romero.
Romero had previously announced SegWit as engineering priority number three in 2018.
âDanâs first priority as GM will be improving the Coinbase customer experience,â Armstrong explained.
âŠDan will provide an update on what we are doing to improve the experience and I will continue to post about all of the major activities at the company.
Romero meanwhile called the past technical performance throughout 2017 âtotally unacceptable.â
What do you think about Coinbaseâs SegWit situation? Let us know in the comments below!
Images courtesy of Twitter, Shutterstock
The post New Data Shows Coinbase May Be Spamming the Bitcoin Network appeared first on Bitcoinist.com.
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