- With the start of February, we’ve seen the co-founder of the Ethereum network, Vitalik Buterin called bitcoin cash “not bitcoin”.
- He compared BTC and BCH together in that they are not the same, in fact, they are different in many ways.
With the start of February, we’ve seen the co-founder of the Ethereum network, Vitalik Buterin call bitcoin cash, “not bitcoin”. He compared BTC and BCH together in that they are not the same, in fact, they are different in many ways.
Taking to Twitter on the 1st of February, the face of Ethereum said “Bitcoin Cash is not Bitcoin,” whilst in response to a tweet from Brad Mills accusing the co-founder of promoting the BCH protocol.
Bitcoin cash is not bitcoin.— vitalik.eth (@VitalikButerin) February 1, 2020
Just because the co-founder said this, doesn’t mean he is fully against the BCH project. He has voiced his opinion on the project before - not all of which are negative. In this case, he has clearly made his thoughts known that the two digital assets are not the same. He even made this comparison in 2017 several months after the hard fork on BTC which resulted in BCH. He actually made a positive comment on the newfound protocol (at the time) as he went on to say:
“I consider BCH a legitimate contender for the Bitcoin name... 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.”
You might actually interpret this tweet differently. Some might say that this is actually in support of BCH. The additional tweet by the co-founder on the same day clearly shows distinction though. In a follow-up to the tweet, he said the following:
“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.’”
It will be interesting to see how this plays out. For more news on this and other crypto updates, keep it with CryptoDaily!