Yuval Rooz
๐ค SpeakerAppearances Over Time
Podcast Appearances
So all Bitcoin miners run Bitcoin cash consensus?
No, they made a decision that they don't want to do that part of them.
And they decided we're not going to look at those transactions.
But you see, David, you are now making a distinction of because it's a code versus a governance thing of the network.
The outcome is the same.
I decided that a group of people decided that they want to change the code.
A group of people decided that they want to change the code.
And a certain group of people said, no, we don't.
And they forked as a result.
And now you have Bitcoin Cash and you have Bitcoin, right?
Like Bitcoin Cash forked off of Bitcoin.
I guess my point, my point is that, again, you're back, David, in my opinion, to the world of social contracts.
No, no, listen, listen, at the end of the day, by the way, I'm not disagreeing.
It is very different and I'm not trying to actually minimize its importance.
But here, here, I'll take it, I'll take it a step further.
We think that if anything, Canton actually allows, right, the whole idea of blockchain and everything was democratizing finance and allowing everybody to participate.
The average person on the street cannot become a validator on Sui or on Solana.
Where actually, if someone thinks that they can add value to Canton, as small as they are, and now you can look at the super validators on Canton, these are small crypto firms that actually added value from early days.
and participated, didn't have to stake tens of millions of dollars, which to me is not very accessible.
So I'm not here to debate that it's not significantly different.