nChain Pulls Gigablock Testnet Funding, Highlights Bitcoin Cash Governance Issues

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Mark Mason

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nChain Pulls Gigablock Testnet Funding, Highlights Bitcoin Cash Governance Issues

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Bitcoin Unlimited has lost its funding from nChain due to public comments critical of its chief scientist Craig Wright.

According to a post by Bitcoin Unlimited’s chief scientist Peter Rizun, blockchain research and development firm nChain has discontinued its funding of the Gigablock Testnet Initiative, a long-term scaling experiment conducted by Bitcoin Unlimited. This was due to Rizun’s public comments criticizing nChain’s chief scientist Craig Wright over his claims on the security of zero-confirmation transactions as well as allegations of plagiarism:

“nChain informed BU — after I tweeted about CSW’s errors with respect to 0-conf security — that they would be winding down their funding of the Gigablock Testnet over the next three months. Shortly after I tweeted proof of Craig Wright’s plagiarism, nChain informed us that they would be terminating the Gigablock agreement effective immediately.”

Read more: https://www.dashforcenews.com/nchai...ng-highlights-bitcoin-cash-governance-issues/
 
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