BCH to Repeat BTC Mistakes, Mike Hearn Says

A long-time btc developer who quit the project in 2016 broke his silence, opening up on the state of the project in a reddit Q&A
06 April 2018   214

Mike Hearn, after stopping work on bitcoin, joined the banking consortium R3. He expressed his opinion on a variety of issues, including Bitcoin Cash and the debate about the size of the block, which eventually led to the fact that last summer the ways of the developers diverged. This is reported by Coindesk.

It is worth noting, in particular, the words of Hearn about their own attempts to reform the protocol of bitcoin in 2015 and early 2016, which became harbingers of the fork. Together with Gavin Andersen, chief researcher at the Bitcoin Foundation, Hearn introduced a code to increase the block size, suggesting a hard fork, but his project did not go through the voting stage. Later, Hearn left the Bitcoin Core development team, writing that the bitcoin project "failed" due to problems with the community.

However, now Hearn believes that Bitcoin Cash inherited a lot of problems of the original project.

[Bitcoin cash] strongly resembles the bitcoin community of 2014. This is not good.
 

Mark Hearn

Ex-BTC Developer

Hearn also said that Bitcoin Cash, like bitcoin in 2014, is lacks "formalized governance" and communicates mainly through Reddit, where users, he said, can censor unpopular opinions.

Thus, he advised Bitcoin Cash users to "find a replacement" for a forum where the power of the moderator will be limited, and the community's views on future upgrades can be evaluated correctly. In particular, he expressed "alarm" over the fact that Bitcoin Cash plans to conduct hard fork in its срфшт, "with no attempt to measure support"

Nevertheless, he called the Bitcoin Cash community "brave."

"Liberate yourselves from just proceeding along the path Satoshi imagined and be willing to think radical, even heretical thoughts," he concluded.

Nakasendo SDK launched by Nchain for Bitcoin Cash Growth

Blockchain company Nchain has released its 1.0 version of Nakasendo software development kit (SDK) to support BCH
24 April 2018   89

Nchain underlines that the Nakasendo SDK is accessible for software programmers focusing their energy and resources relatively to bitcoin cash application and platform development.

Version 1.0 of the SDK focuses on providing a cryptographic library, to allow for a more flexible method of key generation and sharing. This cryptographic library can be used to improve security for any cryptocurrency exchange, and more broadly for controlling access to any type of digital asset or resource.
 Nchain Group, Blockchain Technologies Research and Development Company

 

Nchain points out that the Nakasendo SDK will assist Nchain port software libraries that will help programmers in designing bitcoin cash apps. The SDK designed by Nchain is to navigate the complexities of blockchain growth, and strengthen work. The London firm declares that the SDK includes two patents from the company’s intellectual property portfolio.

Although the SDK libraries will be useful for developers on any blockchain or digital platform, we want to use key elements of nChain’s patent portfolio to help benefit the Bitcoin Cash ecosystem. That is why we are providing the SDK for free usage only for applications and products that operate on the Bitcoin Cash (BCH) blockchain. The SDK is one of many tools Nchain will use to ignite the BCH blockchain, and help re-invent the business world.
Jimmy Nguyen, Nchain Group, CEO

Currently, the 1.0 version of Nakasendo is only available to a determinate group of developers and teams that have been appointed in an initial testing pool. Nchain claims that the Nakasendo SDK will be made more accessible at a later date.