Bitcoin Cash Supporter Craig Wright Bashes Jihan Wu’s Wormhole BCH Protocol
Craig S. Wright, a bitcoin cash proponent and self-proclaimed Satoshi Nakamoto criticized Workhome, a token proposal issued by Bitmain developers after Bitcoin Cash split. The Bitmain community expressed in a WeChat conversation that it is interested in building a protocol without integrating a consensus upgrade into it.
Wright discussed in a Reddit post several opinions on the matter, the first one being a point being Wormhole’s security, which he believes is non-existent. According to Wright, the codebase originates from a fork of Omni Layer, which is insecure and require a pre-consensus. Wright also commented negatively about Bitmain’s Founder Jihan Wu’s stance against zero-confirmation transactions, which transact on the broadcast network without being entwined in the blockchain.
Bitcoin cash’s community claims that the process promotes faster and convenient transactions for both merchants and customers. Yet, double spending has also occurred when it comes to zero-conf.
Wright also stated that Wu is interested in promoting zero-conf without the security features because it is not secure for Wormhole. He claimed that order process and pre-consensus may better the search system for transactions. As he stated,
“The natural ordering of BCH is fast for BCH, but it is slow in finding OMNI transactions adding load to the OMNI node.”
As for his comment about Jihan Wu, Wright stated,
“Bitmain has patent on this – and that means they get to own the underlying layers – to control Bitcoin. // Jihan wants DASH. The dash model is funded Devs based on PoS. Jihan wants PoS – this allows him to have control.”
Ethereum founder Vitalik Buterin also commented on the issues surrounding the split of Bitcoin Cash, suggesting that the community is to “not compromise” on Wright’s vision to avoid the split.