CEO of the mining pool: Craig Wright is a “pawn” for Bitcoin SV, Calvin Ayre is said to be in charge
Jiang Zhuoer, CEO of BTC.TOP, one of the largest Bitcoin mining pools, announced that Craig Wright and Calvin Ayre had planned to split from the Bitcoin Cash network long before the matter was publicly discussed.
In a Reddit post that is part of an interview with Zhuoer, the Chinese entrepreneur pointed out that Craig Wright appears to be just the leader of the Bitcoin Satoshi Vision (BSV) community. He claims that the self-proclaimed Bitcoin inventor is just “a pawn” and that online gambling billionaire Calvin Ayre is actually the real boss of BSV.
Craig Wright reportedly has no stake in nChain or CoinGeek
According to Zhuoer, Wright is only “on behalf of” the chief scientist at nChain, a London-based, blockchain-focused research and development company. The Australian computer scientist does not hold any shares in BSV companies such as nChain and CoinGeek, according to Zhuoer.
He reveals that Ayre is the main sponsor of CSW and that the casino tycoon is focused on making money on the Canadian Stock Exchange with CoinGeek, a crypto news media website that Squire Mining acquired for $ 45 million in December 2018 to earn.
Zhuoer further notes that CoinGeek develops its own mining machines and operates its crypto mining operations independently through Squire Mining. The news media company also controls the Bitcoin SV chain, which many analysts believe is highly centralized.
Ayre wants to have complete control over Bitcoin SV
The BSV chain was not forked by BCH because the former wanted to follow a different development roadmap, emphasized Zhuoer. He believes BSV parted ways with Bitcoin Cash because CoinGeek wanted full control of the cryptocurrency’s blockchain.
Zhuoer also mentioned that the domains bitcoinsv.org and bitcoinsv.io were registered on Roger Ver’s Bitcoin Cash ABC team a few months before Wright’s public launch. In addition, Wright purposely created tensions between ABC and BSV supporters to force the Bitcoin cash chain, he claims.
According to Zhuoer:
“[CSW] Some very extreme claims that the BCH community [would not] accept and then incite some parishioners with extremist claims, just like the Nazis [did] extreme propaganda and incitement to separate from the BCH. “
The Bitcoin SV fork increases the block size
Zhuoer mentioned some of the extreme claims and mentioned that Wright proposed increasing the block size of Bitcoin SV to 2GB, which could create major technical problems and adversely affect any blockchain network.
Oops! $ BSV has experienced another reorganization, this time 6 (six!) Blocks in a row were orphaned (# 578640–578645), this chain contained a 128 MB block # 578644 ️♂️ The network was basically stuck for 1.5 hours , and this shows that even 6 confirmations are not enough ️♂️ pic.twitter.com/dwGZmUCqtm
– Nikita Zhavoronkov (@nikzh) April 18, 2019
BitMEX researchers found that before the Quasar hard fork was activated, the Bitcoin SV chain was reset by two blocks, increasing the block size of the cryptocurrency to 2GB on July 24th. The BitMEX research team also reported that one of the orphaned BSV blocks was approximately 62.6MB in size.
Wright’s behavior becomes a “heavy liability”
Increasing the block size in this way also increases the likelihood of chain reorganization and, according to analysts, may lead to a different fork.
Zhuoer confirmed that he does not support BSV’s development path as Wright’s extreme claims are intended to create tension among members of the crypto community. He believes that Wright’s actions and behavior will place a “heavy burden” on the future development of Bitcoin SV.
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