The cryptocurrency market has been through a tumultuous ride over the past one week with a gradual bull run lifting the prices and support of a lot of cryptocurrencies. The price rise scenario has also witnessed prominent personalities in the crypto verse coming out and commenting on the updates and developments in the space. The latest example of this is Roger Ver, the Chief Executive Officer of Bitcoin.com and major proponent of Bitcoin Cash.
In a video released by Bitcoin.com, Ver touched upon the latest developments on the Bitcoin Cash network and appreciated a lot of developers within the system. One of the latest developments talked about the CEO was about Cash.coin.dance, a website that allows the public to look at what is happening on the Bitcoin Cash network. The site also allows users to observe and act on the developer channels on the network.
Cash.coin.dance currently displays the statistics of the BCH hard fork stating:
“The Bitcoin Cash network has now been upgraded! 5461 blocks have been mined under the new consensus rules! Bitcoin Cash is currently 20.4% ahead on proof of work. Bitcoin Cash is currently 54 blocks ahead.”
Another topic discussed in the video was Open Swap- a fork of electron cash atomic swap on Bitcoin Cash. Users were also told that the Electron Cash wallet was available for Android users as well as iOS and Mac users. The Bitcoin.com official also touched upon Coinbase’s latest feature of direct cryptocurrency conversion and how it played a part in Bitcoin Cash’s recent bullish surge.
The company’s official blog had stated:
“As a crypto-first company, it’s important that we build features that let people take advantage of the unique attributes of cryptocurrency. That’s why we’re beginning to roll out a new feature called Convert, which customers can use to convert one cryptocurrency into another.”
The Bitcoin.com team also discussed a new protocol called the InterPlanetary File System or IPFS, which is soon coming to Bitcoin Cash. The developer of IPFS has stated that it is an overlays network that acts as a Peer-to-Peer network of connected applications. The goal is not just to come to BCH wallets together for the purpose of payment channels but to be used by any BCH application that needs access to a high-performance feature-rich P2P network, said the developers.
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Bitcoin SV’s Craig Wright says crypto-influencers have the ‘desire to silence’ him as ‘they are afraid’
For the past few days, the most controversial topic in the cryptocurrency space has been the multiple legal notices sent by Craig Wright and his ally Calvin Ayre. The notice, which stated that Wright would take legal action over defamation charges, was initially sent to a Twitter user, Hodlonaut, and was later sent to Peter McCormack, the host of WhatBitcoinDid, and Vitalik Buterin, the creator of Ethereum [ETH]. This was mainly due to their statements against Wright’s claim of being the mysterious Bitcoin creator, Satoshi Nakamoto.
This notice, however, went against the entire Bitcoin SV community, as the majority of the cryptocurrency community was not only chanting #CraigIsNotSatoshiNakamoto but also #delistBSV. Following this, Binance, Kraken, Shapeshift and other leading exchanges announced that they would delist the coin from the platform.
Craig Wright spoke about the recent events and whether he would pursue legal action against the well-known cryptocurrency influencers, in an interview with Bloomberg. On being asked when and against whom he would be filing a lawsuit against, Wright picked Vitalik Buterin and Peter McCormack, who according to him, were perceived to be “authority within the cryptocurrency industry”.
He further stated that both of them have already received an opening letter, adding that this case would give him a “chance to prove [his] credentials” of being Satoshi Nakamoto to a judge, instead of “being judged by Twitter/ dragged through the Twitterverse”. He also spoke about the motivation behind seeking legal action. Wright said,
“I have said for a long time: ‘challenge the science not personalities,’ but that has been apparently impossible so I’ve reluctantly had to take this step so that we can move on a get back to the science where I happily and openly debate ideas and concepts.”
More so, Wright stated that the majority of the cryptocurrency space was against him because of the “desire to silence [him]”. He added, “They see an end to the scams, the pumps, and lies in a single system and honest protocol and they are afraid”.
Peter McCormack did not back down from his original statements, as the host of WhatBitcoinDid continued to refute Wright’s claim on being Satoshi Nakamoto. In an interview with BlockTV, he said,
“Craig Wright is clearly not Satoshi Nakamoto. He is a fraud and he’s an absolute moron, and for once in for all this means dealing with because they are leading people up […] having them invest in a version of Bitcoin which is fake and rubbish […] on the belief that this guy is Satoshi Nakamoto […] let’s get in a courtroom and let’s deal with this once and for all”
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