Vitalik Buterin Urges Bitcoin Cash to “Ostracize” Craig Wright as BCH Community Debate Rages On
Vitalik Buterin Urges Bitcoin Cash to “Ostracize” Craig Wright as Debate Rages Within the BCH Community
Ethereum co-founder Vitalik Buterin took shots at Craig Wright earlier today on Twitter. Buterin is urging the BCH community to avoid compromising with Craig Wright over his proposed BCH changes. In fact, Buterin wants the BCH community to ostracize Wright entirely.
Wright, who has previously claimed to be Satoshi Nakamoto, has been at the center of Bitcoin Cash’s controversy over the last few weeks. The community is split between different protocol upgrades for the November BCH hard fork.
Vitalik Buterin does not have a direct connection to the BCH project. That didn’t stop him from chiming in on Twitter earlier today:
The BCH community should NOT compromise with Craig Wright to "avoid a split" and should embrace it as an opportunity to conclusively ostracize and reject him. Bitcoin Craig (BCC) can go take the ticker symbol from the now-defunct cryptocurrency to which it is a fitting successor.
— vitalik.eth (@VitalikButerin) August 22, 2018
“The BCH community should NOT compromise with Craig Wright to ‘avoid a split’ and should embrace it as an opportunity to conclusively ostracize and reject him,” wrote Buterin on Twitter.
“Bitcoin Craig (BCC) can go take the ticker symbol from the now-defunct cryptocurrency to which it is a fitting successor.”
Buterin is referencing Bitconnect here. Bitconnect, the pyramid scheme-backed cryptocurrency that rose to prominence last year before collapsing in January, used the ticker symbol BCC. Bitcoin Cash was originally going to use that symbol but decided to switch to BCH instead to avoid confusion.
Other prominent members of the BCH community echoed Buterin’s sentiment.
“Bitcoin Cash Classic (BCC) also is a good name,” wrote Haipo Yang, founder and CEO of VitaBTC and CoinEx on Twitter.
Bitcoin Cash Classic (BCC) also is a good name. https://t.co/IovUqr7V7c
— Haipo Yang (@yhaiyang) August 22, 2018
“I can only sadly conclude that this is again about power and ego not about technical merit and end user adoption,” added Andrew Stone, lead developer at Bitcoin Unlimited.
Stone has also clarified that Bitcoin Unlimited, the most popular client for Bitcoin Cash, will offer all choices, allowing miners and users to choose which protocols they want to implement in their node.
That’s why Stone is urging miners to run Bitcoin Unlimited to “vote for compromise”. Instead of picking Bitcoin ABC or Bitcoin Satoshi Vision – two clients with opposing views for the Bitcoin Cash blockchain – users who want compromise can pick Bitcoin Unlimited.
Meanwhile, Calvin Ayre has announced that a BCH miners meeting will take place on August 30. Calvin Ayre and his Coingeek mining pool contribute over 35% of BCH’s hashrate, making Coingeek the largest miner in the network. During the meeting, Coingeek is expected to explain their position (they’re siding with Craig Wright and don’t want Op_codes enabled). Coingeek might also present their new client, BitcoinSV, at the meeting.
Ayre sides with Wright on most BCH issues. That’s why it’s not surprising to see that Ayre has given Wright a seat at the table during this miner’s meeting.
Can Bitcoin Cash Reach a Compromise Before November?
November is only two months away. However, the Bitcoin Cash community needs to find a solution now. They can’t afford to wait and let this controversy drag out any further. Bitcoin Cash is near its all time low for the year, currently sitting at around $550.
Right now, the community is split into multiple sides, including Bitcoin ABC, Bitcoin Unlimited, and nChain.
One big question mark, however, is Roger Ver, one of the most outspoken supporters of Bitcoin Cash as the “true” version of bitcoin according to Satoshi’s vision. Ver controls /r/btc and has done significant work for the BCH community. However, it’s not totally clear which side Ver will pick in the debate – although the obvious choice is that he’ll side with Craig Wright.
Bitcoin Unlimited is also in an unusual position. As the “compromise” client, BU has received some funding from Craig Wright’s nChain in the past. However, Peter Rizun, the Chief Scientist at BU, had a public falling out with Wright.
Bitcoin ABC, the other client, meanwhile, is backed by miners and has significant resources. However, there’s controversy within the Bitcoin ABC camp that could prevent it from reaching a consensus.
Should BCH Remove Wright?
Much of this controversy revolves around Wright. Vitalik Buterin wants Wright ostracized from BCH so the community can move forward.
Wright has been a controversial figure since publicly claiming – and privately proving – to be Satoshi Nakamoto in 2016. The Australian computer scientist and businessman was undoubtedly part of the main team that created bitcoin. He and a business partner were one of the first people to mine bitcoin, amassing a fortune of 1.1 million bitcoins after the network launched in 2009. Satoshi’s stash of bitcoins from this same period, meanwhile, is purported to be around 1 million.
Despite the connections between Craig Wright and Satoshi Nakamoto, his claim received significant criticism from the bitcoin community. Some claim the proof he provided was manipulated and didn’t definitively prove a connection between Satoshi and Wright.
Ultimately, the debate continues about Craig Wright and the future of Bitcoin Cash. But clearly, Vitalik Buterin isn’t a fan.