Controversy Over Bitcoin Forum Funds Involves Greg Maxwell, Warren Togami, Theymos and Blockstream
Greg Maxwell is a target of a recent online Bitcoin community controversy that originates in an alleged connection between Theymos and a Blockstream employee. Two of the Bitcoin community’s largest forums, including Reddit Bitcoin and Bitcointalk are operated by Theymos, who despite many criticisms, have maintained the success of both online communities. A few years ago, Theymos decided to develop innovative forum software to continue the surging growth of Bitcointalk and Reddit Bitcoin. The software is called Epochtalk, and it is still being actively developed by Theymos and his....
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Bitcoin is often credited for being a way too anonymous and private mode of transaction. But if Blockstream's Greg Maxwell is to be believed, there is a still a scope of improvisation. The Blockstream co-founder and core developer recalled a number of privacy issues with Bitcoin, mostly related to revealable identities of Bitcoin transactors. He said that if an onlooker manages to disclose the identities of involved transactors, he can further figure out one's financial history by simply looking at his publicly available transaction records. "You can leak this information to everyone, and....
Over the past year or two, the main topic of conversation in the Bitcoin community has been how the system is going to eventually scale to millions or billions of users. Two concepts often brought up during these sorts of discussions are the Lightning Network and sidechains. Blockstream is in a unique position when it comes to these Bitcoin improvements, as it has the funds and incentives to work on both of these concepts simultaneously. In a recent interview with Bitcoin Magazine, Blockstream CTO Greg Maxwell shared his views on sidechains as a scalability solution and why the Lightning....
![Mt. Gox Blames Bitcoin - Core Developer Greg Maxwell Responds [Update: Further Technical Details]](minthumb/2016050323.jpg)
Mt. Gox Official Statement. Mt. Gox have just released their official statement regarding their recent decision to halt all Bitcoin withdrawals. Essentially, they are claiming they can't release customers' funds until a known bug in the Bitcoin protocol is resolved. The market is reacting very negatively to the Gox announcement, falling ~$160 on high volume since the news. Greg Maxwell Responds. I spoke with Bitcoin core developer, Greg Maxwell, about this highly technical issue. Greg Maxwell and Peter Wuille are the core developers in consultation with Mt. Gox, as per their press release.....
Bitcoin Core Developer and the Blockstream co-founder Gregory Maxwell explained how altcoins are distracting resources that could have been utilized to improve Bitcoin. The celebrated techie, who was attending the launch of their pet project, the Sidechain Elements, criticized altcoins muddling the Bitcoin sector by creating an inessential competition. "I think the 2.0 space has, frankly, screwed up the 1.0 space by distracting talent, diverting money, misallocating infrastructure," he explained. "And most of all, [it has confused] our message to the public (regarding bitcoin's ability to....
Earlier this week it was reported that bitcoin's main forum had experienced some unexpected downtime. As we've gotten accustomed to from other incidents with bitcointalk, the discussion was taken to the bitcoin subreddit where theymos, the forum's administrator, confirmed that there were some issues with the storage disks. After he claimed to have fixed the problems and brought the forum back online, users are unable to access the forum once again. Bitcointalk's downtime and data loss. Theymos finally posted an update on the situation hours after users had started complaining about the....