Ethereum Network Co-Founder Buterin Tweets “BCH Is Not BTC”

Ethereum Co-Founder Buterin Tweets “Bitcoin Cash Is Not Bitcoin”

Ethereum Network Co-Founder Buterin said on his twitter account that Bitcoin (BTC) is different from Bitcoin Cash (BCH).

The tweet came after crypto enthusiast Brad Mill accused Buterin of being a BTC promoter.

Buterin had made a positive tweet about BCH several months after a 2017 hard fork split Bitcoin into BTC and BCH.

“I consider BCH a legitimate contender for the Bitcoin name,” Buterin tweeted on Nov. 13, 2017. “I consider bitcoin’s *failure* to raise block sizes to keep fees reasonable to be a large (non-consensual) change to the ‘original plan’, morally tantamount to a hard fork.”

While the tweet might be perceived as support for BCH, the subsequent tweet from Buterin on the same day was completely different.

“That said, *right now*, I think trying to claim ‘BCH = bitcoin’ is a bad idea, as it *is* a minority opinion in the ‘greater bitcoin community.”

Meanwhile, Roger Ver, who was once known as ‘Bitcoin Jesus’, launched an attack on the number-one cryptocurrency while promoting Bitcoin Cash (BCH), a spin-off of Bitcoin and the fourth-largest cryptocurrency by market map.

Meanwhile, Bitcoin Cash ecosystem saw a great level of development during 2019, starting from infrastructure to merchant adoption. BCH chain has undergone two upgrades, which improved its overall functionality.

Furthermore, BCH’s popularity seems to be growing in regions such as Venezuela, where it is accepted by more shops and businesses than Bitcoin.

Cryptolydian earlier reported ConsenSys Co-founder Andrew Keys as saying that Ethereum 2.0 (Serenity) will be rolled out late this year.

“2020 will see Ethereum move stridently beyond Phase 0 of Ethereum 2.0, onto Phase 1 and the launch of shard chains,” Keys said.

However, ETH developers have not fixed a date for launching the phase 0 as many believe that it would be issued during the summer of this year.

Buterin said:

“Right now we’ve worked hard to make the total eth2 state size under 1 GB so that you can do everything in RAM and so that the requirements can be lower than the eth1 system today.”

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Rabea Maguid 551 Articles
Rabea Maguid is a journalist completely obsessed with crypto industry. He holds B.A. from Al-Azhar University, and has a background in journalism and economics. Rabea Maguid likes to think about the future in a positive way, and sees blockchain as a potential driver of deep societal change.