The drama inside the Bitcoin Cash (BCH) network intensifies as Jihan Wu, the CEO of Chinese crypto mining giant Bitmain, hurls accusations in the lead-up to a planned hard fork of the cryptocurrency.
A tweet by Wu last week alleged that SBI Holdings, the investment arm of Japanese financial services giant SBI Group, is “attacking” Bitcoin Cash by attempting to assist Craig Steven Wright in a coup for control of the network. Wright is a chief scientist at blockchain research and development firm nChain and a self-proclaimed key developer of Bitcoin who has even claimed to be the real Satoshi Nakamoto, the mysterious Bitcoin father. Last month, Wright unveiled his intentions to bring his own version of BCH that will be closer to the Bitcoin 1.0 vision, thus triggering hard fork speculations.
The tweet was in response to a piece penned by David Jerry that warns of doom and gloom if the Bitcoin Cash network splits following the creation of the Wormhole update.
“No such claim was made. SBI will remain neutral and support the longest chain. If a split occurs then unfortunately BCH cannot be used as a platform for real business,” Jerry replied.
Jerr...
This article appeared first on Cryptovest
