Shame: Charlie Lee blasts Bitcoin Cash for posing as BTC

Litecoin creator blames bitcoin.com for confusing newcomers to Bitcoin
20 October 2017   2505

Bitcoin Cash is Bitcoin

One of the most popular websites in the field of cryptocurrency, bitcoin.com, has released a quite a controversial statement that claimed that "Bitcoin Cash is Bitcoin".

The hard-forked version of Bitcoin has not been able to come close to the original Bitcoin chain by any indicator, such as user base, hashrate, market cap, and developer activity. Still,  bitcoin.com argues that the Bitcoin Cash chain is "most closely adherent to the original design":

Based on the above comparisons between the various versions of Bitcoin, the whitepaper, and the years of common understanding that Bitcoin was always meant to be an electronic cash system, it is the position of this website that Bitcoin Cash is the version of Bitcoin that most closely adheres to the original design. The position that Bitcoin Cash is Bitcoin is based on its adherence to the design goals and intended purpose that Bitcoin was created to fulfill.
 

"Bitcoin Cash is Bitcoin" on bitcoin.com

In response, leading industry experts including Litecoin creator, Charlie Lee, offered harsh criticism.

Charlie Lee

The Litecoin creator, who is known as one of the most honest developers in the cryptocurrency world, never shies away from any discussion on the hottest topics with the public and always tries to be open and honest about the problems.

Now, the man expresses his emotions on the article via his Twitter.

A lot of newcomers are going to be misled by Bitcoin.com . This article is so full of lies and FUD. Not having replace-by-fee does not make unconfirmed transactions safe. Also confirmed transactions are irreversible even with SegWit. SegWit signatures are not removed from the transactions. It’s just the transaction data structure that’s different. It’s just as secure. More Pretty much every other line in that article is FUD and misleading. It’s very much a hit piece on Bitcoin Core and SegWit. Shame.
 

Charlie Lee
Litecoin creator

Lee further emphasizes that the end result is not important. It is not morally and ethically correct to deliberately confuse newcomers in the Bitcoin and cryptocurrency markets.

HTC Exodus 1 Smartphone to Start BCH Support

"Blockchain" smartphone supports Bitcoin, Litecoin, Ethereum and ERC-20 tokens and can be bought both for fiat and crypto, worth $699
17 September 2019   209

Taiwanese electronics manufacturer HTC has added support for Bitcoin Cash to the EXODUS 1 blockchain smartphone, the press release said.

In partnership with Bitcoin.com, the company integrated a pre-installed BCH wallet into the updated software of the gadget.

Smartphone users will be able to store keys and carry out transactions with Bitcoin Cash through a Zion Vault wallet operating in a trusted execution environment (TEE).

The partnership also provides for the sale of EXODUS 1 and later through the Bitcoin.com online store.

EXODUS 1 supports Bitcoin, Litecoin, Ethereum and ERC-20 tokens. The device sells for $ 699, you can pay for it with both cryptocurrencies and fiat money.