The infamous Satoshi Nakamoto is still a mystery. Nobody truly knows the identity of the creator of Bitcoin, but many have claimed to be him. It was once speculated that Elon Musk, Tesla’s (NASDAQ:TSLA) CEO, was Mr. Nakamoto but later, Musk put those rumors to rest. Sad, – how cool would that be?
Back in 2016, Craig Wright made claims that he was Satoshi Nakamoto and that did not go over smoothly among the crypto community. During today’s Deconomy conference, Vitalik decided he would live tweet the comments on the “Bitcoin, Controversy over principle” segment. Over the course of the whole presentation, he managed to tweet 62 individual tweets touching on common misconceptions about the history of cryptocurrencies as well as the philosophy behind it.
Here are a few.
21. Craig Wright begins: “We’re going to talk about the lies”
“Samson said that money was used first in barter and as a store of value – BULLSHIT!”
Then proceeds to brag about how many university degrees he has….. eh, at least he read Graeber.
— Vitalik “Not giving away ETH” Buterin (@VitalikButerin) April 3, 2018
24. “You don’t actually do anything as a node, unless it’s a full node, which is a miner, which is now ASICs”.
“Bitcoin works because of these squiggly lines called math”, pointing to more non-sequiturs.
Double facepalm….
— Vitalik “Not giving away ETH” Buterin (@VitalikButerin) April 3, 2018
28. “When you’re talking about miners, Bitcoin is sub-linear. It actually gets better the bigger the network is. That’s some of the stuff people don’t want you to know” – what does that even mean?
— Vitalik “Not giving away ETH” Buterin (@VitalikButerin) April 3, 2018
29. “Trust but verify” – what about your ten master’s degrees?
— Vitalik “Not giving away ETH” Buterin (@VitalikButerin) April 3, 2018
31. It seems to be that his vision involves 100% of miners being honest, so “fast transactions” come from being able to broadcast txs into the network as quickly as possible. That security model…. concerns me.
— Vitalik “Not giving away ETH” Buterin (@VitalikButerin) April 3, 2018
34. “If you solve lightning, you also solve the discrete log problem”. My bulls*** meter is spinning so fast that figuring out the next time it will hit zero *is* a hard discrete log problem.
— Vitalik “Not giving away ETH” Buterin (@VitalikButerin) April 3, 2018
After all of his tweets, he stands up and addresses his main long-standing issue. You can view his statement in the video below.
Buterin dropped the mic to end the presentation by saying:
“Given that [Wright] makes so many non-sequiturs at this stage. Why is this fraud allowed to speak at this conference?”
After the altercation between the two at the conference, Wright downplayed the statements Buterin made about him via his own personal Twitter.
Smackdown by Vitalek….
Oh… where are my degrees….. it burns, it burns…https://t.co/hqK9svIZE3
Sorry Bevis… Oh I mean Vitalek pic.twitter.com/efFeat4kp4
— Dr Craig S Wright (@ProfFaustus) April 3, 2018
Vitalik has one issue…
When we demonstrate what BCH can do, he knows that ETH will wither and die.
— Dr Craig S Wright (@ProfFaustus) April 3, 2018
As we don’t want to screw it up 🙂
Oh well…. looks like I broke Vitalek…
🙂
He is a twig.. must remember to be gentle next time …. https://t.co/cGVdLV9OlT
— Dr Craig S Wright (@ProfFaustus) April 3, 2018
It seems that this long-standing feud is a far from over. Buterin is adamant that Wright comes clean that he didn’t create Bitcoin but no such thing has happened just yet. Recently, Wright was hit with a major lawsuit as his former business partner, Dave Kleinman, claims he stole $5 billion worth of Bitcoin from him.
Who won the battle this time? Do you think Ethereum’s glorious leader made a fool of himself or was it necessary?
Featured Image: Forbes
