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> Wait, is he saying that because he doesn't have the private keys, he wants the whole Bitcoin SV network modified to give him access to funds in a specific add
by nullc 5y ago
> Wait, is he saying that because he doesn't have the private keys, he wants the whole Bitcoin SV network modified to give him access to funds in a specific address? lol. okay.
Not just Bitcoin SV-- SV is pretty much only included because almost no one cares about it and he essentially controls it (the software for it has a proprietary license that gives him substantial control, at least when you factor in that he's threatened in public to sue anyone who makes a cleanroom version that doesn't accept his changes). He's also demanding the _bitcoin_ which is worth a lot more.
> I feel like he could just rent some hashpower to force a confidence breaking change on the network but I guess he wants court approval.
Hashpower wouldn't help him: he and his sponsor already control essentially 100% of the BSV hashpower and have for a long time.
He doesn't want to change the order of transactions-- the coins in question haven't moved since 2011 (and weren't ever owned by him in any case, weren't previously owned by him even if you believe his story). What he wants is to bypass the authentication to let coins get spent without the required signatures. No amount of hashpower can do that.
So what he wants is for everyone to adopt an alternative version of the Bitcoin protocol that contains a backdoor to allow bypassing that authentication. As to why he's suing the particular people he's suing, his arguments aren't coherent. --- but he's been going on about ruining them for years, long before the supposed theft happens, so it doesn't seem that hard to figure out. :)