Editorial 24 August 2018

Dan Taylor

The attack continues: Vitalik Buterin wants BCH community to ‘ostracize’ Craig Wright

Another day, another chance for Vitalik Buterin to attack Dr. Craig Wright.

This week, the Ethereum founder went on Twitter urging the Bitcoin Cash (BCH) community to make a stand against the nChain chief scientist, saying members “should not compromise with Craig Wright to ‘avoid a split’ and should embrace it as an opportunity to conclusive ostracize and reject him.”

nChain recently announced the launch of Bitcoin SV, a full node implementation for Bitcoin BCH. Bitcoin SV, created per a special request by CoinGeek and other Bitcoin BCH miners, was designed to fulfill the original vision of Satoshi Nakamoto, which favoured methodical implementations of the blockchain over unnecessary changes that don’t enhance the network.

Bitcoin SV’s initial plan was to raise the BCH block size to 128MB, which, understandably, led to a debate on how to address the maximum block size pre-coded in BCH full node implementation, expressly the maximum block size that a Bitcoin BCH miner will accept from a miner.

Of course, Buterin didn’t pass up the chance to go off (again) about Wright supporting Satoshi Vision, which begs the question, why?

At the core of this relentless, unwarranted attacks—on social media and even conferences (remember Deconomy 2018?)—is the fact that Bitcoin BCH is a competitor to Ethereum.

When it comes to tokenization, there’s no denying that Ethereum had the first-mover advantage. However, Ethereum does not scale or work as a cryptocurrency, and it’s plagued with numerous security issues from malware to “accidental” kill commands and even vulnerable smart contracts. Incidentally, the smart contract feature is already available with Bitcoin BCH following the May network upgrade, and now with Satoshi Vision, Buterin knows that if SV is adopted, it’s the end of Ethereum.

Buterin trolling Wright, a professional academic with decades of experience in the industry, has been going on for a while now, so the recent attack, while uncalled for, is nothing new. If anything, it should be considered a badge of endorsement of the nChain chief scientist’s visions.

To quote Eli Afram, “The crypto space is not for the faint heart. Not if you’re entrenched, knee deep in the political turmoil of it all.”

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

Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.

Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world’s new money and enterprise blockchain.

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