mike hearn Mike Hearn, former Bitcoin Core developer and the main person behind Bitcoin XT along with Gavin Andresen has made it to the headlines of almost all major tech, business and cryptocurrency news publications out there. It all happened after he wrote a blog announcing his departure from the Bitcoin domain.
In his blog, Mike has explained the reasons behind his dissatisfaction with Bitcoin. According to him, the Bitcoin network is currently in a a lot of trouble and it may even be beyond repair. He believes that Bitcoin has now become a failed experiment and he has washed his hands of it by selling all his bitcoin. However, not everyone thinks Mike Hearn is right. Mike Hearn was Wrong?
Erik Vorhees , the founder of leading cryptocurrency exchange ShapeShift in his reaction to Mike’s blog post tweeted – “ Just as loss of man who wrote classic literature doesn’t mean death of the English language, nor does loss of Hearn imply death of Bitcoin. ” erik tweet Similarly, other ardent followers and believers of Bitcoin extended their support to the network and downplayed Mike Hearn’s prediction on Twitter. Among them are the likes of Andreas Antonopoulos and more. While Andreas Antonopoulos’ responded by tweeting “ I disagree with Mike Hearn’s analysis and concerns (see LTB show next week). I thank him for all his work and wish him all the best. Onwards ” and his subsequent tweets showed some indication of him agreeing with a few points made by Mike Hearn in his blog bidding adieu to Bitcoin. Andreas seemed to agree that there are issues with Bitcoin governance and he believes that it can be fixed by concentrating more on the engineering aspect of the digital currency protocol. Few other Bitcoin community members extending support to the […]
