Ethereum co-founder Vitalik Buterin’s relation with Bitcoin Cash

Ethereum co founder Vitalik Buterin s relation with Bitcoin Cash

Ethereum co-founder Vitalik Buterin posted a Tweet saying that Bitcoin Cash (BCH) is not Bitcoin (BTC). The tweet came in response to Brad Mills’ accusation of Buterin as a BCH supporter’.

Brad Mills claimed that Vitalik Buterin is’ promoting the “fraudulent Bcash narrative” to harm Bitcoin and aid his own network Ethereum. He claimed that Buterin was taking revenge against Bitcoin enthusiasts who support Ethereum classic. On the other hand, Vitalik Buterin simply commented that Bitcoin Cash is not Bitcoin.

Ethereum co-founder and Bitcoin Cash

In 2017, several months after the launch of BCH, Vitalik Buterin posted a tweet that was somewhat in favor of Bitcoin Cash. Buterin stated that he considers BCH to be a legit contender for the Bitcoin name. He stated that “Bitcoin’s failure” to increase block size was a non-consensual change to the “original plan,” and as such, the BTC network is now tantamount to a hard fork.

However, Vitalik was not in favor of ‘BCH is Bitcoin’ narrative, as seen in his following tweet on the same day. He stated that saying BCH is BTC would be a bad idea as that is the opinion of a minority in the Bitcoin community.

A year later, the Ethereum co-founder made his stance clear by calling the narrative “unrealistic.” However, he said that having the name ‘Bitcoin Cash’ is totally fine. While Buterin might not be against Bitcoin Cash, he has still signified a difference between BTC and Bitcoin network.

In his most recent post regarding the subject, he said that he is not standing on any side but rather takes “public goods challenges seriously.” He added that he is open to adjusting preconceptions while maintaining his commitment towards core values of decentralization to meet the challenges

Featured image by pixabay.

Ahmad Asghar

Ahmad Asghar

A first generation gamer at heart and tech buff by nature, have been involved in the tech sector for better part of a decade. With that insight and knowledge, he now covers blockchain, cryptocurrency and everything fintech so others can make sense of the industry.

Related News

Hot Stories

Bitcoin, Binance Coin, Polygon, and Litecoin Daily Price Analyses – 1 December Morning Prediction
Uniswap price analysis: Price progresses to $5.82 level as a result of bullish run
Here's why is Telegram building a crypto wallet and exchange
Top Cryptocurrencies to Invest In December: Chainlink (LINK), Cardano (ADA), and Orbeon Protocol (ORBN)
The Bitcoin Experiment, which made MIT Students Rich

Follow Us

Industry News

OpenSea ends 2022 with major partnerships and $1B in NFT royalties
Dealbook interview: New York Times continues to defend SBF & FTX collapse
Terra’s Do Kwon former colleagues targeted by the  latest arrest warrant
Sam Bankman-Fried first ever interview after FTX collapse
PoW crypto mining banned by NY governor: Will mining become extinct? 

Add Your Heading Text Here