Business 1 month ago

Erik Gibbs

Former Blockstream CTO Gregory Maxwell sees the light

Gregory Maxwell, co-founder and former CTO of the Bitcoin Core (BTC) institution Blockstream, has had a change of heart. For reasons yet unknown, the crypto expert has come to the realization that Bitcoin SV is the real Bitcoin, and has even offered to lend a hand. He penned an email to Dr. Craig Wright of nChain and Bitcoin BCH development, in which he mentioned that he was prepared to offer his “discreet assistance.” Better late than never, it’s good to see that Maxwell has finally come around. Here is his email, formatted to make reading easier.

“I see now that Roger Ver, Rick Falkvinge, Olivier Janssens, and Jihan Wu appear to be aggressively attacking you in public and trying to distance BCH from you. To the best of my knowledge all of these parties previously believed in you. The cracks created by Peter Rizun and his staff seem to be widening at an exponential pace and are now starting to encompass people (such as the above) that previously couldn’t be convinced by any argument to align against you. It seems to me that it is simply a matter of time before a forceful public denunciation by someone previously cited as proof of your merit, such as Gavin, brings things crashing down around you.

“I believe it would be adverse for interests that concern me if your influence or prominence in BCH were in any way diminished. I am not aware of how I could be of aid in repairing this situation, but it seemed to me that it would be prudent to at least offer my discreet assistance.

“One very minor thought that comes to mind that I can offer as a show of earnest intent:

“I would not be so presumptuous as to assume an understanding of your tactics, but the assertion that OP_DSV implicates your patents appears, to me, to be backfiring in two ways:

“The connection to the cited work is too abstract for the BCH audience to understand so they are easily convinced that your claim is not being made in good faith and the invocation of patent enforcement makes it too easy to present you as a bad actor. Your use of vague patent allegations worked when Ver/etc. and their sock armies were on your side, but to my eyes they appear to be working against you now that they aren’t. If I might be so bold as to point out: Since OP_DSV is almost line by line equivalent to CHECKSIGFROMSTACKVERIFY published in the elements sidechain in May 2015, if anyone had any direct IPR on this operation it would be Blockstream. I was surprised to see that the tact that you and others opposing DSV was not to take the argument that DSV is backdoor blockstream technology and that it should be rejected in order to keep BCH free of that influence (obviously not a view I share, but it’s one that I expect could gain substantial traction). Your somewhat chaotic appearing opposition to DSV reinterpreted in the light of being motivated to protect BCH from a _third party_ encumbrance might play much better.

“But as I said, I don’t assume to understand your tactics. I also don’t believe that an improvement on that minor battlefront would do anything to address the greater issue of the attempted ouster in progress by the above named parties.”

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Satoshi Vision (BSV) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BSV is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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