Vitalik Buterin Lauds Bitcoin But Dismisses Bitcoin SV as ‘Pure Dumpster Fire’

By Debarun Gupta

Ethereum’s co-founder Vitalik Buterin recently tweeted that Bitcoin Cash’s (BCH) new hard fork Bitcoin Cash ‘Satoshi’s Vision’ is a “pure dumpster fire”.

Buterin has been known to offer his unfiltered opinions on recent developments in the field on social media, and quite a lot of online users seem to agree with him. On Christmas, Twitter saw Buterin and cryptocurrency commentator Tuur Demeester debate over the pros and cons of the two algorithms that many cryptocurrencies use now: Proof-of-Work (PoW) and Proof-of-Stake (PoS).

Ethereum’s long-term upgrade schedule includes the transfer from PoW to PoS, but Buterin has expressed his lack of belief in the former.

BSV, which plans to use giant block sizes to solve difficulties ‘on the chain’, has faced technical and publicity hurdles since it came into being on November 15.

When asked about his opinion on the new altcoin by an advocate, Buterin quickly disagreed and the altcoin became collateral damage. The user had claimed that the scaling plans from BTC developers, especially ‘off-chain’ scaling via the Lightning Network was “a joke”, but Buterin was quick to quip back.

He said,

“I have my disagreements with the Bitcoin roadmap, PoW, etc but they’re trying to do something that’s genuinely cool tech. BSV is a pure dumpster fire.”

However, deviating from the much-disliked online practice of giving ‘an eye for an eye’, the user did not fight back when faced with the negative comment from Buterin.

Craig Wright, the self-proclaimed “Satoshi Nakamoto” is famous for not tolerating negative comments against BSV, mostly being quick to hit the ball back to the naysayer’s court.  In this instance, he wrote,

“Have a nice life. You will now discover me when pissed off.”

The silver lining this week in the industry is that BCH, BSV, and ETH have all recovered from their free-fall in value. BCH is at the lead, doubling in value and hitting the $200 mark before stabilizing at $170. Ethereum also more than doubled in its value from a meager $73 to $160.

 

Debarun Gupta

Debarun is currently pursuing a Bachelor’s Degree in Economics and writing when he’s not watching cat videos on YouTube.

Related Posts