follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: Ethereum’s Vitalik Buterin Slams Bitcoin SV: ‘Obviously a Complete Scam’  (Read 4179 times)

Offline Magician

  • Hero Member
  • *
  • Activity: 723
  • points:
    2935
  • Karma: 11
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: May 23, 2023, 06:20:03 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts

By CCN: Ethereum wunderkind Vitalik Buterin maintained his hardline stance on Bitcoin SV in a recent interview, calling Craig Wright’s cryptocurrency a “complete scam.”

Speaking with YouTuber Hardcore Crypto, Buterin left little room for interpretation regarding his thoughts on BSV. The Ethereum co-founder also gave his thoughts on decentralized exchanges and the worryingly centralized accumulation of power by Binance.

ETHEREUM CO-FOUNDER: BITCOIN SV IS A ‘COMPLETE SCAM’

Ethereum creator Vitalik Buterin ripped Bitcoin SV a new one. | Source: TechCrunch/Flickr (i), CoinGeek/YouTube (ii). Image Edited by CCN.

Just in case there was any doubt remaining about Buterin’s thoughts on Bitcoin SV, he told Hardcore Crypto:

“Obviously BSV is a complete scam, but the delisting from Binance – that was interesting. There’s arguments in favour of it, but then there’s also an argument that this is a centralized exchange that’s wielding a lot of power.”

Those thoughts regarding Binance’s delisting of Bitcoin SV were echoed in an article of my own from the same time – one which wasn’t received positively by a majority of commenters.

But what those commenters don’t realize is that Binance presents a much bigger potential threat than Bitcoin SV ever could. BSV will at best manage to hoodwink a few gullible investors into parting with their money – maybe.

Binance, on the other hand, has a long history of shenanigans, including demanding exorbitant fees from projects just to gain a listing. As Buterin said:

“They’ve asked for big listing fees. They influence which coins win and lose by deciding which trading pairs they have – so it’s weird to criticize that one decision (the delisting) without looking at all their others.”

Worse yet, if or when Binance falls, so too will most of the cryptocurrency market.

VITALIK BUTERIN THROWS FUEL ON THE CRAIG WRIGHT DUMPSTER FIRE

It only took a month between the creation of Bitcoin SV and Buterin feeling obliged to offer some harsh criticism. Not long after the conclusion of the Bitcoin Cash hash war, Buterin gave the following scathing criticism on Twitter:

“BSV is a pure dumpster fire,” Vitalik Buterin alleged. | Source: Twitter

The Ethereum overseer also questioned the wisdom of Bitcoin SV’s 128 MB block sizes – some of the biggest (and emptiest) in the cryptosphere. Remarkably, the Bitcoin SV roadmap also posits a Q3 launch date for the activation to 2 GB block sizes. Buterin wrote in December 2018:

The Ethereum creator said Bitcoin SV’s scaling method was “insanely stupid.” | Source: Twitter

But not everyone agrees, and Bitcoin SV supporters were out in full force to defend the integrity of their project. They maintain that the 2 GB block size will open up BSV to become the most scalable blockchain in existence. One commenter suggested Vitalik fears BSV, stating:

“BSV is a threat to ETH and he knows it. ETH will be nothing but a novelty sidechain of BitCoin run by a handful of autistic NEETs for nostalgic purposes to play with their antique ‘smart contracts’ and ‘chain links’ like so many neckbeards with N64 emulators.”

THE ENEMY OF MY ENEMY IS NOT MY FRIEND

Ethereum’s creator and Bitcoin SV fans have both criticized crypto exchange behemoth Binance. | Source: Shutterstock

One might assume their mutual enemy of Binance might draw Bitcoin SV and Vitalik Buterin closer together, but that’s not so. Another angry commenter on the video wrote:

“Binance and CZ –  that is the actual fraudulent exchange and CZ is involved with serious crime (why he has been moving his business to different countries, running away from law enforcement… CZ is going to end up in JAIL).”

This saga began in mid-2018 when Vitalik Buterin said he hoped centralized crypto exchanges would burn in hell. Indeed, as Buterin noted in the recent interview, the success of decentralized exchanges would render Binance’s king-making (and SV-breaking) null and void.

Source

Altcoins Talks - Cryptocurrency Forum


For Monthly biddings Check Here


Offline Kitcho

  • Hero Member
  • *
  • Activity: 805
  • points:
    3113
  • Karma: 7
  • https://luckygames.io/?ref=32370165
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: February 14, 2020, 05:58:24 PM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Road to million : short bsv x1000  :D

Offline C2rms

  • Baby Steps
  • *
  • Activity: 6
  • points:
    81
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: September 09, 2021, 12:08:46 PM
    • View Profile

  • Total Badges: 8
    Badges: (View All)
    First Post Fifth year Anniversary Fourth year Anniversary
Maybe Vitalik's coin eth is also a scam?  ::)

Offline IyemRoker

  • Legendary
  • *
  • *
  • *
  • Activity: 1982
  • points:
    21824
  • Karma: -1
  • Your Bitcoin Mixer
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 20, 2024, 09:37:20 AM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary Linux User
Maybe Vitalik's coin eth is also a scam?  ::)
Not for Ethereum because Ethereum is very real to continue to develop.
The article above really corners the Bitcoin SV which has a very long level of ignorance because it is not supported technically by the Bitcoin SV.

Whereas Ethereum and Binance are close together and work together.
             ▄▄█████████▄▄
    ▄█████▄█████████████████▄
  ▄███████████████████████████▄
 ████████████████▄▀▀███████████
▄███████████████████ ▀█████████
█████████████▀▀      ▐█████
████████████        ▄██████
▀███████████▌     ██████████▀
 █████
███████      ▀▀▀█████▀  █
  ███████████▄         ▀▀▀ ▄▄█
   ▀████████████▄▄▄   ▄▄▄███▀
     ▀▀██████████████████▀▀
         ▀▀▀████████▀▀▀
.
UniJoin.io Bitcoin Mixer
.|
▄▄██████▄▄
▄██████▀██████▄
▄███▀▀▀░░░▀▀▀███▄
▄███░░░▄███▄░░░███▄
████░░████▀▄█░░████
████░░█▄▀▄███░░████
▀████░░▀███▀░░████▀
▀████▄░░░░░▄████▀
▀█████▄▄▄█████▀
▀▀█████▀▀
NO LOGS
▄▄██████▄▄
▄█████▀▀▀█████▄
▄████▌░▄▄▄░▐████▄
▄█████░▀░░░█░█████▄
██████▌░░█▀░▐██████
███████▄░▄░▄███████
▀████▀░░░░░░░▀████▀
▀██▌░░░░░░░░░▐██▀
▀██▄▄█▄▄▄█▄▄██▀
▀▀█████▀▀
NO SIGN-UP
|████████████████████████
█████████████▀▄▀████████
████████████▀▄█████████
██████████▀▌▄██████████
██████████▌███████████
█████████▀▄███▀█████████
██████▀▄▄██████▀███████
█████▀▄█▀▄████████████
██████▀▄█▌▐████▐█████
█████▌▐█▀▌▐█████▐█████
██████████████▄██████
███████▄▄██████▄████████
████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████████████████
.
MIX ՈOW.
████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod