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Craig Wright claims Bitcoin [BTC] is infested with “censorship” as Binance delisting mauls BSV

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Craig Wright harps on about Bitcoin [BTC] censorship as Binance delisting mauls BSV
Source: Pixabay

Bitcoin [BTC] was created as a means to fight government censorship and to promote financial freedom, but according to its opponents, it is a bastion of curtailment. Craig Wright, the self-claimed Satoshi Nakamoto has reignited the Bitcoin censorship claim at a time when his project Bitcoin SV [BSV] is being silenced from major exchanges.

Prior to the delisting announcements, Wright penned yet another attack on BTC via a blog post titled “BTC and Censorship”. He began the post by referring to the top cryptocurrency as a “fraudulent scam” and as the “airdrop-altered form of Bitcoin code designed to confuse the ignorant investor.”

Through this post, the nChain chief scientist aims to portray the “omnipresent threats” that surround Bitcoin and its “level of resistance” against the same.

Wright stated that the first time a soft fork was implemented, “BTC was eroded”. He added that the core reason for Bitcoin being prone to censorship was the susceptibility of the coin to have its “stable protocol” altered.

He even referenced the “white paper,” claiming, once again that he authored it, mentioning the segment about the 51 percent attack and the options presented to the spearhead of such an attack.

Given this resolute nature of the nodes in the network and the ability of the protocol to remain firm, he stated:

“The only way that Bitcoin can express censorship resistance is to have a stable protocol. With a stable protocol, what may be temporarily censored today, for whatever reason, can always be replayed later.”

Wright mentioned the Pay-to-Script-Hash (P2PSH) transaction as being the “worst addition and breach of the Bitcoin protocol”. He added that these transactions could be supervised, creating situations where the invalid transactions could be “incorporated into the blockchain”.

The nChain chief scientist went on to emphasize the importance of censorship and added that since Bitcoin fails at the same, “BTC was not Bitcoin, and is all about censorship”.

Coincidently, Wright’s tirade against censorship comes at a time when his project Bitcoin SV [BSV] is being shown the door by several cryptocurrency exchanges. Binance has delisted the coin, following CZ’s threat to the BSV community last week. Shapeshift has stood by Binance affirming their decision to delist, while Kraken had put out a pool on the same, receiving an overwhelming response to delist, mentioning the coin’s “toxic” nature.

Despite pegging themselves on a censorship free-advocacy wave, Craig Wright and Calvin Ayre have not taken too well to crypto-influencers calling the former a “fraud”. The duo has dropped legal notices to the likes of Holdanaut and Peter McCormack for their aforementioned “fraud claims”.





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Cardano’s focus is on staying loyal to ecosystem’s scalability & interoperability, says Charles Hoskinson

Arijit Sarkar

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Charles Hoskinson shares Cardano's vision to enable scalable and interoperable crypto ecosystem
Source: United States Air Force

As numerous developments continue to change the face of the cryptocurrency space, IOHK’s CEO Charles Hoskinson shared Cardano’s latest innovations in its ecosystem through another one of his AMA sessions. While the entrepreneur expanded on the expected launch of its Haskell and RUST testnets, the AMA was also focused on sharing his aggressive plan to enable Cardano’s smart contracting.

Hoskinson attributed the vision’s ultimate success to three main factors, which include ability to train new developers, the model itself and Cardano’s ability to interface with the broader functional programming community. He supported this idea by saying,

“This is a huge untapped community full of credentialed and qualified programmers. By interfacing our foundation with that community, we should be able to see a lot of really interesting DApps produced for Cardano rather quickly.”

Comparing Cardano’s credibility to the infamous JAVA platform, Hoskinson claims to have made 20 reiterations of the project “because programming language theorists are perfectionists and they really want to get this done right.”

While the Cardano team continues to work towards the deployment of Shelley and Marlowe on the testnet, Hoskinson also hinted at some incremental upgrades that will be expanded upon in the next AMA, as well as on the company’s official website. Out of the many iterations, Cardano’s primary focus will be to stay loyal to the ecosystem’s scalability and interoperability across other crypto-based ecosystems.

Hoskinson also mentioned that his past contributions to Ethereum helped his team explore the design space of the code, which ultimately helped them develop a seamless ecosystem focused on user experience and ease of use. He added,

“People want to keep regulators happy. That said, we will also begin exploring some privacy ideas and how we can also increase privacy on these transactions.”

In addition to backend development, it is also important to note that Cardano’s [ADA] crypto-adoption has allowed it to dethrone Tron [TRX] from the 11th position, with respect to market cap.





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