There have been rumblings in the Bitcoin community for some time now indicating unrest regarding Bitcoin.com‘s promotion of the hard fork Bitcoin Cash, and how this has resulted in losses for those holding Bitcoin. On Friday, April 27, these rumblings turned into something more with the launch of the website bitcoincomlawsuit.info. The website is designed to gather claimants and donations.
At the moment, the website claims to have over 975 participants on board, while the Telegram channel associated with the site has over 1,000 members. The website should soon be accepting Bitcoin donations to be used towards legal efforts.
Why are these Bitcoin users so angry? It comes down to changes to the interface as of late that seem to make it harder to distinguish between the two forms of digital currency. Many feel that they have lost Bitcoin due to the misleading language, symbols, and graphics found on websites and wallets run by Roger Ver and that the aggressive promotion of Bitcoin Cash over Bitcoin may be steering interest away from the original currency, hurting its market value.
To explain this further, on Bitcoin.com, users have access to a wallet that supports both currencies. In this wallet, the logos and other symbols for the two currencies are the same color and Bitcoin is labeled Bitcoin Core—which is the name of its software client, not the coin. On other services providing wallets, the logos and other symbols are in different colors, and Bitcoin is labeled correctly.
Even other heavyweights in the cryptocurrency industry have been drawn into the debate. For example, Erik Voorhees, CEO of ShapeShift, took to Twitter to state:
“Roger – please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin. It isn’t. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work. The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.”
It is unclear if Voorhees is affiliated with the planned lawsuit. However, the group claims to count industry leaders amongst its numbers. The group hopes to file the lawsuit within the next several months.