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Bitcoin [BTC]’s defining characteristics are more prevalent in Bitcoin Cash [BCH], says Roger Ver

Ajay Narayan



Bitcoin [BTC]'s defining characteristics are more prevalent in Bitcoin Cash [BCH], says Roger Ver
Source: Unsplash

Recently on the Blockchain Cruise, Roger Ver, a Bitcoin Cash [BCH] maximalist and the CEO of had a debate with Charlie Lee, the creator of Litecoin [LTC]. In the discussion, Charlie asked Roger why he and the BCH community were upset about Bitcoin Cash being called B Cash whereas they referred to Bitcoin [BTC] as Bitcoin Core. Charlie further stated that it was hypocrisy to do so.

Roger started off by saying, “I’m annoyed by it, I think it’s rude here”. According to him, there was a clear distinction between Bitcoin Core and Bitcoin Cash. In the present situation, Bitcoin Cash had more “Bitcoinness” in it than compared to Bitcoin Core.

According to Charlie, it was wrong to use the term Bitcoin Core to refer to Bitcoin [BTC]. This was because it would create a lot of confusion amongst the general masses. He added:

“If you ask a thousand people, 999 would refer to Bitcoin Cash as Bitcoin Cash and not Bitcoin”

Roger opined that Bitcoin Cash was the real Bitcoin because of its ability to satisfy the list of criteria which was earlier mentioned by him. He said that some of the defining characteristics of Bitcoin were more prevalent in Bitcoin Cash [BCH] than compared to Bitcoin [BTC]. He further added:

“If I asked a thousand people about their thoughts on Bitcoin in 2011, they would say that sounds stupid. I didn’t give up, I was persistent and today digital currencies are changing the world. Being persistent is how you change the world and get things done”

According to Roger, the confusion was created by a group of individuals who “hijacked” the Bitcoin [BTC] project. They further changed the whole idea of Bitcoin [BTC] and also insisted to keep the same name. He also mentioned the orchestrated attempt by a group of individuals to change the name of Bitcoin cash to B Cash and drive new people into the cryptocurrency ecosystem to promote it.

Roger also spoke about the fundamentals characteristics and how Bitcoin Cash satisfied the criteria when compared to Bitcoin [BTC]. He added:

“Bitcoin [BTC] has changed into something which is not close to the definition given by Satoshi Nakamoto or the website of the Bitcoin whitepaper. They also insisted on keeping the Bitcoin name whereas Bitcoin cash had more resemblance to the original version of Bitcoin.”

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Ajay Narayan is a full-time journalist at AMBCrypto. He has majored in Economics, Political Science and Sociology. His interests are inclined towards writing and investing in cryptocurrencies.


HitBTC responds to allegations of insolvency, refutes claims made by Redditors




HitBTC responds to allegations of insolvency
Source: Unsplash

HitBTC, a Hong Kong-based exchange has been the center of accusations among users on Reddit, Twitter, and other forums. HitBTC users started complaining about issues regarding withdrawal and extensive procedures after one particular user @ProofofReserach put out a thread alleging insolvency of HitBTC.

To put an end to all the accusations, HitBTC has broken its silence with a blog post explaining their side of the story. According to HitBTC, their systems performed well during the winter of 2017-18, however, HitBTC mentioned that due to overwhelming demand for the services, they experienced bottlenecks at an operational level.

Referring to the BitcoinExchangeGuide article, HitBTC responded:

“A widely quoted article, in its entirety, is based on only 2 AML cases. One of them was initiated as part of the investigation into the December, 2018 BTCP security breach, at the request of the coin’s core team. Unfortunately, there is no clear indication of the nature of the second case that can be discerned from the article. The author of the article failed to track the deposit/withdrawal dynamics that did not uncover any irregularities. A simple block explorer or our public System Monitor would suffice for these purposes”

Additionally, referring to the altcoins being added and removed from the platform, the exchange said that they were honored to work with a diverse range of projects, however, since the crypto sphere was still nascent, there were lapses in their judgment in assessing the integration partners. With the above-mentioned prominent cases, HitBTC also addressed other topics.

@ProofofResearch replied to HitBTC’s blog:

“Is there a reason why you’re unable to tell people us where your Bitcoin storage is at? If what I published is as untrue as you claim it is, then providing a wallet address where your Bitcoin funds are stored will go a long way in *proving that*.”

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