OpenNode, a lightning network software company just rejected a $1.25 million offer by Roger ver, to switch their workings from Bitcoin (BTC) to Bitcoin Cash (BCH), stating “our vision of a better, more open financial system is only possible with Bitcoin.”
In a recent video, Roger Ver bombarded the Lightning Network and the followers who believe that it can solve Bitcoin network’s scaling issue. He readily pointed out that off-chain scaling using The Analysis
Just recently the company received a $1.25 million seed investment from Tim Draper, a renowned American venture capitalist. Mentioning the development Ver does mention that doesn’t want to be on the tail end of an investment from Draper: “I don’t want to be the opposite side of an investment from Tim Draper. He’s one of the smartest and best investors in the entire world. But, I don’t think Tim has looked at the math on this. Is he willing to wait decades to onboard people? You’re making a mistake in doing that. , which is already gaining considerable traction. After confidently making these assumptions, Ver went on to make an open offer to OpenNode to develop their technology on BitcoinCash: “I have an offer for the OpenNode team and Tim Draper. You [Draper] invested $1.25 million in OpenNode, a Bitcoin-only payments processing startup. Well Tim, I’m offering to match your $1.25 million investment in OpenNode, with no strings attached equity-wise. I don’t need one share [of equity] whatsoever. All I require is that OpenNode actually starts working on payment processing for Bitcoin Cash, the version of Bitcoin that has the most Bitcoin-ness about it.” The offer, however, did not appeal the OneNote team and they tweeted their response for the offer:
The Offer
OpenNode declines
Thanks for the $1.25MM offer @rogerkver, but we’re going to have to turn it down. Our vision of a better, more open financial system is only possible with Bitcoin. #bitcoin4everydayhttps://t.co/4tbavwnXXb
— OpenNode (@OpenNodeCo) December 30, 2018