• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About us
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / Archives for Roger Ver

Roger Ver

Bitcoin.com’s Roger Ver Attacks Lightning Network While Community Comes to its Defense

September 28, 2020 by Akash Anand

Bitcoin has had its fair share of detractors with several present even within the cryptocurrency industry. Since inception, the world’s largest cryptocurrency has witnessed several camps attack its credentials with some claiming that there were other ways to better use blockchain technology.

One of Bitcoin’s biggest critics was Roger Ver, who led the charge to create a new token called Bitcoin Cash by forking off Bitcoin. Since Bitcoin Cash was founded in 2017, Ver has not missed an opportunity to point out Bitcoin’s shortcomings. 

In his latest tweet, the founder of Bitcoin. com set his scope on the Bitcoin Lightning Network [LN]. Ver stated that the LN was an utter failure because it had not achieved any of the scaling milestones it had promised its user base. His tweet read:

Having nearly 100x more #Bitcoin wrapped for use on #Ethereum than in #LightningNetwork shows LN has been a total failure for scaling BTC. pic.twitter.com/USDQDR9kYv

— Roger Ver (@rogerkver) September 27, 2020

Currently, there was Bitcoin worth $927.6 million locked in terms of dollars, a holding that had increased by 1 percent over the previous 24-hours. At the same time, the total Bitcoin-Ethereum pair was worth 2.6 million ETH while locked native BTC tokens amounted to 85.6K BTC. Ver’s comments received a lot of flak with the user base attacking Bitcoin Cash and its faults.

The LN community stated that Bitcoin Cash fell short of achieving the lofty milestones it had set itself with the cryptocurrency failing to make any significant impact on the charts. At press time, BCH was trading for $213 with a total market cap of $3.95 billion. A 2.16 percent price hike over the past day helped increase the daily trading volume to $1.28 billion. Despite his naysayers, Ver also had a staunch following who believed that the LN was nothing more than a diversion from actual developments in the space. This was put in words by Nanosapian, who tweeted:

“LN was never meant to work. It was meant to distract and redirect attention when scaling questions are asked.The reason is simple – BTC cannot scale and is now intended to be another custody solution. $NANO actually scaled while maxis lied.”

The Lightning Network was also in the news recently when the Lightning Network Daemon added accounting features to its network while upgrading c-lightning at the same time.

Filed Under: Bitcoin News Tagged With: Bitcoin (BTC), Cryptocurrency, Lightning Network, news, Roger Ver

Tim Draper Garners Backlash After Exhibiting Support For Bitcoin Cash

September 5, 2020 by Sahana Kiran

The crypto industry started with just one coin, Bitcoin. As years progressed several other coins entered the crypto-verse. The crypto market is currently home to thousands of coins and each coin has its own fan base or enthusiasts. Even Bitcoin forked into Bitcoin Cash and claimed to be the original king coin. However, several members of the crypto ecosystem still remain against the coin. Venture Capitalist, Tim Draper was recently subjected to tremendous backlash from the crypto community for expressing his support for BCH.

“You Tagged The Wrong Roger!”

On Thursday, billionaire Tim Draper went on to share a tweet about his most recent purchase of Bitcoin Cash via Bitcoin.com. Not long ago, Roger Ver aka Bitcoin Jesus rolled out, the cryptocurrency exchange Bitcoin.com, Draper went to laud Ver for his innovation. The tweet read,

“I recently purchased some BCH. So easy to buy/use. Go to http://Bitcoin.com. Thank you @rogerver_cash for this innovation. #bitcoin #BitcoinCash”

While the BCH community was overwhelmed on garnering support from Draper, the others didn’t seem to be very pleased with the same. An array of tweets flourished through the billionaire’s comment section dissing the former tweet. Crypto Twitter laid out theories on why Draper would have tweeted in support of the altcoin. While some believed it was a paid tweet, a few others suggested that Draper’s account was possibly hacked.

Tim Draper has been a huge supporter of the crypto industry. The billionaire even intended on extending his support for crypto startups in India after the country’s Supreme Court quashed the ban on cryptocurrencies. Draper has a profuse history of aiding several crypto projects.

Bitcoin Plebeian John Carvalho didn’t seem to hold back and commented on Draper’s post. His tweet read,

“Even you must realize how retarded you sound here. You even tagged the wrong Roger…”

Despite this, Roger Ver went on to express his gratitude to the billionaire for his support. Ver tweeted,

Thank you Tim.
Bitcoin was always meant to be cash. https://t.co/InMNsibsF2

— Roger Ver (@rogerkver) September 4, 2020

Regardless of this endorsement, Bitcoin Cash [BCH] continued to plummet along with the entire crypto market. After being overtaken by Chainlink’s LINK, in terms of market cap, BCH recorded a 7.7% drop in its price over the last 24-hours. During press time, the coin was trading at $216.45.

Filed Under: News, Altcoin News Tagged With: Bitcoin Cash (BCH), Roger Ver, Tim Draper

Primary Sidebar

Recent Posts

  • Kraken CEO Believes BTC Would Eventually Become The World’s Currency March 6, 2021
  • Ripple To Walk Into Asian Shores Untethered By The SEC Lawsuit March 5, 2021
  • Cardano [ADA] Has Both Bulls And Bears In Its Market; Will The Altcoin Hit $2 Or Slump Below $1? March 5, 2021
  • Kentucky To Elevate Crypto Activity By Offering Tax Breaks March 5, 2021
  • Polkadot [DOT] Could Encounter Bears While Heading Towards $40 March 5, 2021


Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2021 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.