Vitalik Buterin recently announced his disliking for the latest Bitcoin Cash hardfork: Bitcoin SV or Satoshi Vision. Vitalik Buterin recently tweeted about the same calling bitcoin sv a pure dumpster fire and that he seriously does not believe in the Proof of Work consensus. The tweet was made a few days back using his official Twitter account:
In other tweets, Vitalik declared that he does not believe in the Proof of Work algorithm:\
Bitcoin ABC and Bitcoin SV
Bitcoin ABC and Bitcoin SV were the result of the recent bitcoin cash hardfork that happened in November this year and is being called as the primary reason for the crypto market fall. Bitcoin SV which is founded by Craig Wright is also known as ‘Faketoshi’ for faking himself as Satoshi Nakamoto, the founder of the original Bitcoin had the primary aim of solving the scalability issue of bitcoin by using large block sizes. Bitcoin SV is currently trading around $86 (at the time of writing) and has been on a downfall since its inception. The BSV hardfork has not been adopted by some of the major exchanges such as Coinbase and Gemini yet, which have already adopted the other hardfork or Bitcoin ABC just after the hardfork.
Vitalik Buterin had also called the founder of Bitcoin SV, Craig Wright a ‘fraud’ right on his face in the Deconomy 2019 conference in Seoul earlier this year.
What do you think about Bitcoin SV and its founder Craig Wright or ‘Faketoshi’? Tell us in the comments section below.
After Binance's announcement on June 14, 2019, that its U.S. customers will no longer be able to trade on Binance.com…