Bitcoin [BTC] has often been reprimanded by the Bitcoin fork coin maximalist due to its scalability, block size, and mining fees, among other things. The debate surrounding the digital coins at the joint edition of CC Forum and Malta AI & Blockchain Summit witnessed an argument between BCH’s Roger Ver and Bitcoin maximalist Tone Vays.
The fork coin enthusiast and the CEO of Bitcoin.com, Roger Ver, argued that the transaction fee in case of BTC was $3, which made it extremely expensive. However, Tone Vays, a Bitcoin core personality, said that he used the king coin frequently and had never paid more than $1 as fees to settle payments. This led to the CEO asking Vays to pull out his wallet and send him $5 worth of BTC. Subsequently, Ver placed a bet of $10,000 for any charity of Vays’s choice if the latter was able to send $5 with a transaction fee of 5 cents in 24 hours.
Tone made a transaction on-stage and later posted a victory tweet:
Today at #AIBCsummit @rogerkver claimed average #Bitcoin transaction fee was $3. I called bullshit & he offered to pay $10,000 if my $5 $BTC transaction would clear in 24 hour at 1 #satoshi/byte = 1 Penny!
Transaction cleared after 10hrs. Debate at 6:35:00 https://t.co/QAhqmrjhvN pic.twitter.com/VYHiBibh3u
— Tone Vays [#UnderstandBit] (@ToneVays) May 25, 2019
Responding to the above tweet, the CEO accused Vays of cheating and losing the bet in a new video. Firstly, Ver noted that the transaction did not clear within the day and added that it took ten hours to get included in the block. Secondly, he explained that Tone’s transaction was the “highest priority” [higher the transaction fee, higher the priority] in the entire ecosystem and was prompted by Slush Pool’s insertion. He said,
“I don’t know if Tone asked Slush, I don’t know if somebody else asked Slush, I don’t know if Slush did on its own. Maybe slush has a transaction accelerator thing where you can pay with a credit card to include your Bitcoin transactions in the block but anyhow Tone is the highest priority transaction in the entire block.”
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