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Bitmain Co-Founder Excited For BSV
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Bitmain Co-Founder Excited For BSV

The co-founder of Chinese mining massive Bitmain, Jihan Wu has announced that he is eager to start trading the result of Bitcoin Cashes recent hard fork, Bitcoin Satoshi Vision token (BSV). After a row with BSV’s top proponent Craig Wright, Wu has established that he is more than willing to ditch the BSV token after the exchange start to accept and process trading.

He took to Twitter to share his thoughts saying:

Before this, Wu has given advice to the Bitcoin Cash community saying that they need to understand the value and importance of building a level of friendship with perceived rivals whilst also mentioning that it can be a hard lesson as he made note that learning from other coin member is ‘certain’ to make Bitcoin Cash better. “Don’t play hatred. Don’t wish competing coins ill. Just wish and try to make BCH better”.

Wu also explained that is a contrast to Bitcoin Cash in which users weren’t obligated to own Wright’s Bitcoin Satoshi Vision is dedicated for making it essential for users to adapt to this token or lose their available token on the voluntary chain.

“BCH was always voluntary, but BSV is forcing people onto their chain by threatening to re-org and steal peoples money if they continue on the voluntary chain”.

Even though Wu’s Bitcoin ABC came out well following the hashing war, an impressive 100 blocks were mined against its competitors, Wu disclosed that the hard fork created for sensitive economics activities to take place warning investors that over a 50 percent attack is likely to happen. ZyCrypto reported:

“This is to mean that the disagreement between miners from the Bitcoin Cash community may create the atmosphere for one organization, (Satoshi Vision token, in this case) to possess the majority of control over the Bitcoin Cash network.”

As stated by Wu:

“There are super crucial sensitive economics activities happened on the blockchain around the fork point. Keeping an exposure to 51% attack risks to your boss CSW is not an option of BCH community. Go away, build your BSV eco with Negative Gamma science. Leave BCH alone.”

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Robert Johnson

Robert is a keen investor with a particular interest in cryptocurrencies. He has been involved in the industry for many years, and because of this, has gathered a lot of knowledge surrounding this area. He studied English at university level and has a passion for writing. He loves being able to combine his two mains interests on a daily basis.

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