There’s over $100,000 on the line that could be given to charity for about an hour of Adam Back’s time. If he chooses to debate Bitcoin Unlimited’s Peter Rizun over why he thinks it’s a bad idea to scale with larger blocks, Paxful’s Ray Youssef has pledged $100K in addition to Roger Ver’s initial $10K offer.
Also read: Schnorr Signatures Await Bitcoin Cash as the Next Upgrade Draws Near
The Initial Debate Challenge
On April 27, the CEO of Blockstream, Adam Back, compared people arguing for gigabyte blocks to flat earthers, citing that a majority of protocol experts agree that syncing full nodes is already too heavy. Following the tweet from Back, Bitcoin Unlimited Chief Scientist Peter Rizun told people to remember Back’s commentary when gigabyte blocks are no more impossible than a streaming video is today. Rizun detailed that there’s really no laws of physics that will prevent the Bitcoin Cash (BCH) protocol from scaling globally. “In fact, no technological breakthroughs are required — just continued state-of-the-art engineering,” Rizun asserted. Following Rizun’s tweet, Back replied stating that it is the “wrong architecture” to follow this route and said he has offered “some design outlines to some of the big blockers.”
Then Rizun decided to challenge Back to a debate on Peter McCormack’s show on the merits of scaling bitcoin onchain versus offchain. “If Peter McCormack is willing, he can moderate and use the recording as a podcast,” Rizun remarked. Another person participating in the Twitter discussion between the two individuals posted a survey which asked: “Do you want to see Peter Rizun debate Adam Back moderated by Peter McCormack on scaling bitcoin on-chain versus offchain?” Around 650 people responded and 63% responded “Yes” they would like to see this debate. The following day, Bitcoin.com’s CEO Roger Ver offered to donate $10K worth of crypto to a charity of Adam Back’s choice if he agrees to debate. Ver predicted Back won’t debate because the only way his ideology has gained traction is through using censorship on r/bitcoin. “It can’t stand up to scrutiny,” Ver emphasized.
Paxful’s CEO Ups the Ante With $100,000 for the Built With Bitcoin Charity
Back never replied to the initial offer or even stated why he couldn’t debate Rizun on the merits of keeping blocks small. Then, on May 8, the CEO of the peer-to-peer bitcoin exchange Paxful, Ray Youssef, decided to make things more enticing by offering additional funds to charity. Youssef responded to a Tweet from Ver and stated:
Let’s up the ante to $100K. I will match it and we can build two schools for 1200 children in Kenya. Built With Bitcoin BCH helped build the last two schools and it can help build the next.
Paxful’s Built With Bitcoin project has already constructed two schools.
Youssef also asked Binance CEO Changpeng Zhao (CZ) to pledge and reminded people that social good is the magical use case for crypto which showcases how this technology was “invented for helping the lil’ guy.” Paxful’s Built With Bitcoin initiative has already shown the power