OpenNode, a Bitcoin payment processing startup, has declined a $1.25 million investment offer of Bitcoin Cash protagonist Roger Ver.
OpenNode is developing a Bitcoin-only payment processing system based on the Lightning Network protocol. Replying to Ver’s offer, the company stated that its “open financial system is only possible with Bitcoin.”
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Ver and Bitcoin
Roger Ver, once among the initial developers of Bitcoin, turned on his original team members over the scaling issues of Bitcoin’s network. His call for a hard fork of Bitcoin’s blockchain to increase the block size from 1Mb to 4Mb was firmly opposed by most of his teammates. This created a divide in the community and gave birth to Bitcoin’s arch-rival Bitcoin Cash.
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