Some $BTC developers say a lawsuit from pseudonymous bitcoiner Hodlonaut against Craig Wright, who claims to be Satoshi Nakamoto, is vital to the cryptocurrency’s growth. mehmehturtle reports
Bitcoin Core developers work on the key software underpinning Bitcoin, churning out a variety of improvements at the base layer of Bitcoin. The best-known recent example isBy serving claims against these developers, Wright tangles them up in legal proceedings, rather than focus on the technology that they want to improve. Further, it discourages other developers from getting involved.
“And with Wright burying his opponents under a hundred of thousands of documents , he easily can drive trial costs into the millions or tens of millions of dollars,” Maxwell added.Supporters hope that a Hodlonaut victory will impede Wright. That said, many Hodlonaut backers aren’t under any illusion that Hodlonaut's case will fully undermine Wright's legal strategy.
"Helping [Hodlonaut] continue his fight is merely necessary, it's not sufficient: It's unlikely that Wright will be stopped by even a complete victory by [Hodlonaut], only slowed by it," Maxwell said. Against that backdrop, at least two legal funds have opened so that developers don't have to figure out how to respond to Wright's litigation on their own. Twitter co-founder and Jack Dorsey
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