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Bitcoin SV: Craig Wright’s legal battles to continue; Peter McCormack to mount legal defense soon




Craig Wright's legal battles to continue; Peter McCormack to mount legal defense soon
Source: Pixabay

nChain’s Chief Scientist, Craig Wright, who was in the news after sending a barrage of legal notices to those who disputed his Satoshi Nakamoto claims and called him a “fraud,” may now be on the receiving end of one such legal notice. He may be receiving one from WhatBitcoinDid podcaster, Peter McCormack.

Referring to Wright as a “m**her**c*r,” McCormack stated that he is consulting “two of the top legal firms in the world,” and he will be proceeding, presumably, with legal action against Wright “within a week.” This follows the second legal notice that was served to the podcaster at the behest of Wright’s solicitors.

He tweeted,

The dispute between the BSV camp and McCormack has been raging for over a month, with legal documents moving back and forth. On April 12, the podcaster first received a letter from Calvin Ayre, the gambling mogul, and Wright, instructing him to withdraw his tweets where he referred to Wright as a “fraud.” The letter also asked McCormack to apologize to the self-proclaimed Satoshi Nakamoto in open court

McCormack had responded,

“I believe that claiming to be Satoshi and promoting a fake version of Bitcoin is fraudulent. I believe this is in the public interest. Let’s go to court.”

Following McCormack’s non-response to Wright and Ayre’s initial legal charge, the duo’s lawyers sent another letter to the podcaster earlier this week. With the passing of the 16 May response deadline, the letter stated that they are “entitled to apply Part 12 of the CPR to request that an order for judgment in default be entered against you.”

The letter added,

“In the event that he obtains such an order, our client will be entitled to apply to the court for (a) an assessment of the damages that you must pay to him, (b) an injunction, (c) an order permitting a statement to be read in open court.”

McCormack initially stated that he “might not contest” the legal challenge against Wright since he did not want to give the nChain Chief Scientist any “satisfaction.” This led to a wave of criticism against the podcaster for his backtracking, with CNBC’s Ran NeuNer asking, “Is that what they teach you in Bedford?”

However, it now looks like McCormack is up to the legal challenge and is in pursuit of the right lawyers to do so.

Wright made news this week after he filed an application with the US Copyright Office to lay claim to the Bitcoin whitepaper and software. The US Copyright Office responded that his claim was in the “examination process.” However, since it is in connection with a pseudonym, they will not “investigate whether there is a provable connection between the claimant and the pseudonymous author.”

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XRP TipBot comes back online after a tiny downtime; Nothing to be worried about, says Wietse Wind




XRP TipBot goes online after a tiny downtime
Source: Unsplash

XRP TipBot’s website and the corresponding application suffered a downtime on June 23, 2019 for a few hours, during which the application wasn’t showing the balance of users. The website and the API for TipBot instead, displayed a “500 Internal Error.”

A Twitter user, @BlueNETGaming, tweeted Wietse Wind, inquiring the same. Wind confirmed that it was just an “infrastructure blip,” and that there was nothing to be worried about.

Wind tweeted,

XRP TipBot is probably the first and most widely accepted use-case of XRP. It leverages the transaction settling time of XRP Ledger to make tipping easy among peers on Twitter, Reddit, and other platforms, and this was the brainchild of developer Wietse Wind.

After TipBot, a lot of other cryptocurrencies have tried to mimic this idea of facilitating tipping; an example being Bitcoin’s, Tippin.Me which leveraged Lightning Network for tipping users. Although successful, it isn’t as popular as Wind’s TipBot.

The reason behind the same is that XRP Ledger allows transaction settlement in under 5 seconds, which makes tipping fast and efficient, unlike Bitcoin’s transactions which take a few minutes for transactions to be confirmed.

This is same reason why XRP is being used as a liquidity provider for cross-border payments in Ripple’s proprietary product, xRapid.

XRP community is a tightly-knit community with people who are very bullish about XRP’s success. There are equally talented developers in the community who are developing apps that help create more use-cases for XRP.

SchlaubiDev is one such developer known for developing plugins for Gmail and Microsoft Office, plugins that allow a user to send XRP over e-mails.

Ripple has identified Wind and his team’s talent and inducted them into Xpring, which finances them to help develop more community-based apps for increasing XRP use-cases.

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