TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Bitcoin Cash Litigation “Response to Complaint” Countdown Timer

9 pointsby mbgaxyzover 6 years ago

2 comments

k-ianover 6 years ago
uh. what? what exactly is the crime here? from the presentation:<p>&quot;The lawsuit moves against multiple defendants: Bitcoin.com, Roger Ver, Bitmain Inc. Bitmain Technologies LTD. Bitmain Technologies Holding Company, Jihan Wu, The Kraken LLC, Jesse Powell, Amaury Sechet, Shammah Chancelor and Jason Cox. This legal action will seek to prove that specific key actors, including some of the biggest US-based and international names and entities in the digital currency world, have been operating with the support of the Chinese government to centralize the Bitcoin cash network resulting in Chinese entities now having established dominance over this important segment of the cryptocurrency market with proprietary software checkpoints and instituting other means of control over the system.&quot;<p>The lawsuit is almost equally vague, talking about &quot;hijacking the Bitcoin Cash network, centralizing the market, and violating all accepted standards...&quot;. Later on the lawsuit document goes into the ABC&#x2F;SV split and how this has led to a lower value for both chains.<p>The plantiff is apparently some company behind &quot;the development of a low cost, rapid deployment solution for operation of cryptocurrency mining – the BlockchainDome. The BlockchainDome is a passive “cooling ground-coupled heat-exchanger&quot;...&quot; basically sounds like they use excess energy from chimneys to mine bitcoin (and bitcoin cash)
mancerayderover 6 years ago
What&#x27;s the summary, here? A civil lawsuit in and of itself means nothing to a spectator.