Creator of Ethereum Vitalik Buterin: Bitcoin SV is straw fire

Creator Ethereum told on Twitter that Bitcoin Cash "Satoshi's Vision" (BSV) is "straw fire".

The affair was made following a debate on the advantages and disadvantages of Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms.

Ethereum developers are currently working on converting the algorithm into PoS as part of future network plans. Ethereum creator Vitalik Buterin said PoW is not a viable system for a large network.

One of the participants in the Twitter discussion has denigrated the Lightning Network system used by Bitcoin developers to resolve the scaling issue.

Creator of Ethereum Vitalik Buterin

he had the opportunity to express his opinion:

"I have doubts about Bitcoin's future plans and the PoW system, but at least they are trying to develop an interesting technology. By comparison, BSV is straw fire ".

BSV opted for the use of giant blocks to solve the "chain" scaling difficulties. The project has faced technical and advertising hurdles since it was launched on 15 November.

Surprisingly, Craig Wright, BSV's chief lawyer, did not comment on Vitalik Buterin's opinion. Wright self-proclaimed himself as the bitcoin creator, Satoshi Nakamoto, and has been remarkable through extreme positions.

For example, before the Bitcoin Cash hard fork, Wright has entered into conflict with Roger Ver, the BCH lawyer. Craig Wright told Ver his "enemy" and frequently issued harsh threats to his rivals.

Volatility on the cripto market

Meanwhile, BCH, BSV and ETH prices have seen strong volatility in the past week.

BCH managed to record an increase of 28%, reaching $ 220 and currently traded around $ 175.

BSV is kept below $ 100, with an increase of only 6% over the past seven days.

Ethereum ETH managed to exceed $ 160, but has now stabilized at $ 130, a 28% increase in a week.