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

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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:

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.

Tim Draper Garners Backlash After Exhibiting Support For Bitcoin Cash

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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,

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.