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Ethereum founder Buterin and Joseph Poon call out controversial scientist at deconomy

International blockchain forum Deconomy 2018, being organized in Seoul has become a subject of a heated debate. Ethereum founder Vitalik Buterin and OmiseGO adviser Joseph Poon have called out Craig Wright, calling him a fraud.

The longstanding debate between Buterin and Craig Wright came to light again at Deconomy. Wright, an Australian scientist, proclaims to be the founder of Bitcoin, Satoshi Nakamoto. Buterin has trashed his claims in the past as well. He said, “Given that he makes so many non-sequiturs and mistakes, why is this fraud allowed to speak at this conference?”, to the audience’s applause.

He also live-tweeted during a segment called “Bitcoin, Controversy over Principle” which featured Wright, Samson Mow and Roger Ver in the panel. The discussion was focused on a bitcoin derivative, bitcoin cash (BCH), which is backed by the panel.

His tweets started with this statement, “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 — BULL****!”

Then proceeds to brag about how many university degrees he has…. eh, at least he read Graeber.”

He tweeted “I’m going to live tweet comments on the “Bitcoin, Controversy over Principle” section of Deconomy for fun.” This was followed by a series of tweets, directly making technical jabs at BCH. He wrote, “So I *do* think both sides need to improve their discourse. But Craig Wright *is* crazy. Fin.”

The Australian scientist reacted on Tuesday morning, tweeting, “Vitalik has one issue… When we demonstrate what BCH can do, he knows that ETH will wither and die.” He also went on to say that Ethereum’s top guy is a ‘twig’ and he ‘broke’ him. He also warned him to ‘‘be gentle next time.’’

Wright irked Joseph Poon during his talk

While Buterin tweeted about the technical fallacies of Wright’s talks, the panelist focused on lighting network, used by OmiseGO. He commented, “LN work is as hard as breaking a discrete log…” and took several more jibes at the currency, suggesting “gamma can be less than zero.” He made these concepts while talking about ‘honest mining’ and ‘selfish mining.’

Joseph Poon, adviser at OmiseGO, was confused about the comments and said, “I wrote the lightning network paper, and I straight up don’t understand a word of your presentation.”

Wright shot to fame after proclaiming that he is the founder of Bitcoin, posing as the real Satoshi Nakamoto. The story was published on Wired and Gizmodo, both claiming that he has been identified as the inventor of bitcoin. GQ, Economist, and BBC further carried the story. Wright published a blog as well, suggesting that he was indeed the founder of bitcoin. However, his story was trashed by many experts, calling it ‘nonsensical.’

While he took the post down eventually, he spearheaded a career in the crypto world, starting a company and backing bitcoin cash aggressively. He is no stranger to controversy, as he was slapped with a lawsuit alleging $5 billion worth of BTC fraud. The lawsuit was filed by Dave Kleiman, a former business partner.

About the author

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Kyle Protho

Kyle is a computer engineer by qualification and a cryptocurrency author cum blogger by profession. Besides pizza and football, he is fantasized by the blockchain technology and its applications. So being from technical background and a professional author, he is a perfect fit.

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