Dryja is Working On a Bitcoin Cash 'Splitter'

Lightning Network creator Tadge Dryja is developing AN experimental tool he hopes can facilitate bitcoin users safely claim their recently created bitcoin cash.

To recap, on august 1, a gaggle of users and mining pools who did not consider bitcoin's technical direction split off to form a replacement cryptocurrency, bitcoin cash, within the hopes of winning over users. and since of the method it "forked" from the blockchain, most users of bitcoin at the time square measure currently left with AN equal quantity of bitcoin cash, and people funds square measure tied to their existing wallets.

Free cryptocurrency. Sounds nice, right? The dangerous half is that forks open the likelihood of "replay attacks," wherever transactions on one chain square measure duplicated on the opposite, and that have lost users' funds within the past.

And tho' bitcoin cash is touted as having the ability to tackle this downside during a safe method, Dryja has considerations regarding the package that highlight the politics and mistrust still within the air following the fork.

"I don't desire to run BCH (bitcoin cash) package as i do not trust the folks writing it."

His in-progress tool, known as Goodelivery, is aimed to offer users an alternative choice for safely rending off the bitcoin cash tokens ANd moving them elsewhere – notify a replacement address or to an exchange to trade. However, he does not suggest that users create real transactions with it simply however.

Dryja went on to mention that the opposite reason for Goodeliver is that he does not see it as a one-time-only tool. Since bitcoin cash has had "relative success" in spinning up a replacement network, he expects the new coin might inspire different future forks, particularly currently that its verified it's attainable to form cash from such splits.

Despite building Goodeliver to assist users, though, Dryja aforesaid he isn't a supporter of forks just like the one that created bitcoin cash.