Craig Wright Claimed He Would Reveal a Critical Bug in BTC and LTC - Then Didn’t

[cheezcarls]

November 15, 2019, has come to pass, and yet another claim from Craig Wright has proven to be nothing more than conjecture.

One year ago, Wright claimed in a tweet that after a year’s time, he would release details on an alleged unrepairable flaw in both Bitcoin (BTC) and Litecoin (LTC) that essentially renders both coins dead on their feet.

According to the so-called ‘responsible disclosure’ tweet, the bug has something to do with the segregated witness (SegWit) upgrade that was rolled out for both Bitcoin and Litecoin in 2017. Wright also mentioned that both cryptocurrencies would be “shown to have no utility” and “are dead” before signing off with “Dead coin walking.”

Source link for the news here

Okay guys, so this has been a very interesting topic to share on. I don’t know what you guys think about this, but do you guys agree about Craig Wright’s statement that there’s a critical bug on Bitcoin and Litecoin? In the end, he “didn’t”.

I know that nothing is perfect here, even the blockchain technology of course. It may have some vulnerabilities, especially when quantum computing is in effect. If there’s indeed a critical bug on both Bitcoin and Litecoin, what would that be? Perhaps some of you guys have some insider about it?

Let me know about your thoughts and opinions about this one guys! Cheers!

[franky1]

though CW is just a bag of hot air and has no part in the btc network.

the segwit thing is not about improving the btc network for the betterment of diverse users wanting more transaction throughput on the btc network.(2 years on of segwit, yet btc has not surpassed the 600k tx a day threshold that was mentioned nearly a decade ago)

but instead using segwit features to push people off the btc network and into alternate networks. (such as LN, such as pegged sidechains, such as creating altcoins to fork off any opposition to core)
thus not only removing utility of the btc network by making people use alternative networks instead, but also centralising the btc network to only one group that become a central power of new rule decision making, by not requiring majority vote of diverse users to activate features.

to the standard scripted cor fangirl trolls
i am a user of btc, i have never used or touched the bch/bsv forks.
i am critical of cores overreach and power and control. as should anyone that wants a true decentralised network of real user utility
so dont categorise me as a altcoin fan. yes i detest core. but core should not be the center of btc. no one should. but if people want to pretend i must be some altcoin fan because i detest core. it just proves they want/love core centralising the network and calling it theirs, while pushing those that dont like core off the network

[BChydro]

I know that nothing is perfect here, even the blockchain technology of course. It may have some vulnerabilities, especially when quantum computing is in effect. If there’s indeed a critical bug on both Bitcoin and Litecoin, what would that be? Perhaps some of you guys have some insider about it?

Lets make this clear, there is nothing quantum computing can do right now, it is just in the infant stage and it will take a few decades to have some meaningful development, if you are looking at news value then you will hear many things and the recent critical bug is also another news loving individual and i am not planning to promote his name, he will not reveal anything but love to play with words most of the times .

[TravelMug]

The question is can Craig Wright write a code? If not then how can he manage to find this so called critical bug in both BTC and LTC?

Or he just needed another attention again in crypto because all eyes have been shifted to another Satoshi wannabee - Joerg Molt?

[slackovic]

Why is anyone still paying attention to this guy? I'm don't have time to follow every thing he says, but it look to me as though everything he says turns out to be lie or at least some shitty statement to get exposure.

[franky1]

The question is can Craig Wright write a code? If not then how can he manage to find this so called critical bug in both BTC and LTC?

Or he just needed another attention again in crypto because all eyes have been shifted to another Satoshi wannabee - Joerg Molt?

he doesnt write code. he gets others to write it for him
he is just a media drama queen
but there are still actual issues with the btc infrastructure.
and its then becoming a push the real issues of btc into just words from a drama queen to then say its just trolling to then hide the issues and avoid discussing the actual issues.

EG
imagine there was issue A
and some drama queen said there was issue B that they will announce in a year. by not announcing issue B people then laugh it off and pretend btc not only doesnt have issue B, if if it did its just a troll. but also that btc must be perfect and so not even think that there may be an issue A

[hatshepsut93]

Craig Wright's real goal was to create publicity for himself, even if it's negative. So when someone writes and article about him or starts a thread, he already wins. The more people talk about him, the more chances there are that someone will take him seriously and become his follower. So please, stop talking about him already, if everyone will just ignore him, he will have no choice but to leave crypto.

[franky1]

Craig Wright's real goal was to create publicity for himself, even if it's negative. So when someone writes and article about him or starts a thread, he already wins. The more people talk about him, the more chances there are that someone will take him seriously and become his follower. So please, stop talking about him already, if everyone will just ignore him, he will have no choice but to leave crypto.

his personal goal aint about crypto. its about not being charged with FIAT related crimes such as the australian tax scam and the fiat ponzi investments he done all linked to the 'tullp' trust scam that has no real collateral.
he keeps thinking ifhe can even sway a small percentage to think he has collateral in the tulip trust, he is safe from being charged 'beyond a reasonable doubt' simply by having doubt

but by not naming and shaming him. the only version of events people see are his side. thus he wins more

[hugeblack]

Craig Wright, Roger ver, John McAfee and other people want to show themselves as influencers at all costs, it's paranoia. I am influential and I can tweet to change the direction of prices.
Over time, their conversations will become jokes and when we reach enough market capacity, these people will be ignored.
Let us pay attention to the timing of the news to influence the market in that period and then put a long history in the hope that others forget what you say. It's like saying bitcoin will reach $ 100,000,000 in 100 years.

[Lucius]

So when someone writes and article about him or starts a thread, he already wins.

but by not naming and shaming him. the only version of events people see are his side. thus he wins more

You're both right, the question is, is it better to ignore (in this case lie) or to constantly confront it? In my opinion, Faketoshi currently has a win-win situation, because saying nothing may mean that we agree with his claims, but at the same time if we challenge his lies we give him additional publicity.

In my opinion, ignoring is not a good option at the moment, but at some point, people will realize that CW is one ordinary liar who should not be given too much attention. Let's say Bitcoin is still at a stage where certain things can be challenged, CW and some others see their opportunity here, and as time goes by, the space for such actions will be greatly reduced.

[iamaruf]

Don’t believe Craig wright. He is really shit person in crypto. Now most of the member know about him.He just trying to believe people that btc is scam or fake (something like this). But people know what is bitcoin. Don't be panic and don’t sell your btc or ltc 😁
             

[kaya11]

November 15, 2019, has come to pass, and yet another claim from Craig Wright has proven to be nothing more than conjecture.

One year ago, Wright claimed in a tweet that after a year’s time, he would release details on an alleged unrepairable flaw in both Bitcoin (BTC) and Litecoin (LTC) that essentially renders both coins dead on their feet.

According to the so-called ‘responsible disclosure’ tweet, the bug has something to do with the segregated witness (SegWit) upgrade that was rolled out for both Bitcoin and Litecoin in 2017. Wright also mentioned that both cryptocurrencies would be “shown to have no utility” and “are dead” before signing off with “Dead coin walking.”

Source link for the news here

Okay guys, so this has been a very interesting topic to share on. I don’t know what you guys think about this, but do you guys agree about Craig Wright’s statement that there’s a critical bug on Bitcoin and Litecoin? In the end, he “didn’t”.

I know that nothing is perfect here, even the blockchain technology of course. It may have some vulnerabilities, especially when quantum computing is in effect. If there’s indeed a critical bug on both Bitcoin and Litecoin, what would that be? Perhaps some of you guys have some insider about it?

Let me know about your thoughts and opinions about this one guys! Cheers!

I wonder if Craig Wright can just shut his mouth and do his FUD somewhere else rather than spending his time finding some flaws on the Bitcoin Network.

[MURONDI]

does anyone still believe about that person, even Craig Wright cannot prove that he is Satoshi Nakamoto, once caught lying then it will forever be labeled a liar, I guess all that is said is bullshit.

[hatshepsut93]

In my opinion, ignoring is not a good option at the moment, but at some point, people will realize that CW is one ordinary liar who should not be given too much attention. Let's say Bitcoin is still at a stage where certain things can be challenged, CW and some others see their opportunity here, and as time goes by, the space for such actions will be greatly reduced.

If everyone ignored CSW at the first place, we wouldn't have to deal with his crap today. Denying him attention is still a valid strategy today, because this way newbies will have less chances to hear about him, or take him seriously. I think crypto news sites did the most harm here - when people hear about a person from media, they pay more attention to them, because they got used to the idea that those who are reported by media are noteworthy. So, don't click on any articles about CSW.

[LUCKMCFLY]

The truth is that I don't think that something productive and intelligent can contribute, I am more inclined to want to say something about a problem about Segwit, and that because of the affirmation of a message signed by Satoshi that said that Segwit presents a problem, that in December of This year it would be known.

This article talks about possibly Wright behind all this: [url]https://cryptomaq.com/this-faketoshi-signature-tool-lets-anyone-become-satoshi-nakamoto/[/url , I think Wright wants to get fame at whatever cost.

[samcrypto]

Why is anyone still paying attention to this guy? I'm don't have time to follow every thing he says, but it look to me as though everything he says turns out to be lie or at least some shitty statement to get exposure.

He’s not credible anymore to me and yeah why waste time listening to this guy while you can actually know the truth on your own. If he will reveal anything let’s just wait for that or ignore this message and live happily with bitcoin. I know we all want for bitcoin to go up high so its easy for us to make prediction but this one is not good at all.

[gentlemand]

Craig Wright's real goal was to create publicity for himself, even if it's negative. So when someone writes and article about him or starts a thread, he already wins. The more people talk about him, the more chances there are that someone will take him seriously and become his follower.

He's so ludicrous, literally NOTHING about him is true or credible, that it's impossible to look away. I cannot imagine how his owners will continue to put him over but I'll enjoy finding out.

If there's anyone on the planet who actually believes anything about him then he's doing us a service by luring them towards the siren call of his red socks rather than them polluting the real world.

[maxreish]

As far as I know, CSW never did anything that may contribute to the success of bitcoin. He only is a dumb guy, trying to gain attention by saying such nonsense and baseless statements. What I can see is that, he is claiming that he has a POWER, pretending to know ALL about bitcoin.

So, my question is, "Where is that bug of btc and ltc he is talking about?" Gone too soon or nothing to expose in the first place?

[Kyraishi]

Name a more iconic duo, Craig Wright and making outrageous claims that he can not backup...

I don't understand why people listen to him anymore, or why he does it as well, I'm guessing there are just some stupid people who are sheep, and they will listen to anything people say.

Let's start ignoring these clowns, does anyone have a clue what he was referring to when it was the bugs, or was it just complete bullshit.

[Eugenar]

Name a more iconic duo, Craig Wright and making outrageous claims that he can not backup...

I don't understand why people listen to him anymore, or why he does it as well, I'm guessing there are just some stupid people who are sheep, and they will listen to anything people say.

Let's start ignoring these clowns, does anyone have a clue what he was referring to when it was the bugs, or was it just complete bullshit.

The reason is that there's still influential person in bitcoin and crypto community that supports him such as the chief scientist Gavin, though, we believe that Craig isn't really the creator of Bitcoin, he have huge control over cryptocurrency because of his money. I see he is somehow blackmailing people about exposing bugs in BTC and LTC to get his personal interest again in the market, believing him would not do us any good as it will just induce market decline even more.