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LegendaryActivity: 1260Merit: 1107 Who is BtcDrak?? December 23, 2015, 12:01:47 PM

Last edit: December 24, 2015, 11:30:55 AM by BlindMayorBitcorn #1 Quote from: BlindMayorBitcorn on December 22, 2015, 11:13:18 PM Who is BtcDrak?



Best answer:



Quote I don't know much about his prior history, but early last year he launched an altcoin called Viacoin (ironically out of frustrations with the Core dev team), who's main advantage over other altcoins was that it had a meta-coin layer on top for issuing assets etc. called Clearinghouse - except that "Clearinghouse" is actually just a fork/clone of Counterparty, which had just been released a month or so earlier (thus mostly unknown), and which conveniently is barely mentioned at all, the protocol marketed as if he built it himself (he didn't). A whole crap ton of Viacoin was pre-mined and then sold in a crowdsale for a total of around ~600 BTC. So while Counterparty folks did a burn of 2100 BTC, btcdrak took the same code and used it to raise a serious chunk of cash for himself. Meanwhile, Peter Todd had recently had an episode on LTB where he talked about his "tree chains" concept, supposedly vastly better than sidechains. btcdrak thought this was amazing and proceeded to hire Peter explicitly to develop the Tree Chains concept for Viacoin, using his stash earned from pre-mining (mostly a PR stunt IMO). Tree Chains apparantly went nowhere and never happened, but instead Peter became "Chief Scientist" of Viacoin (and more recently abandoned that title, IIRC) . Ever since then, Peter and Drak seem to always show up in the same places, pushing the same viewpoints etc.. and now btcdrak has managed to integrate himself in the inner circle of Core devs, most likely thanks to Peter's help. Best answer:

Anybody?







https://bitcointalk.org/index.php?action=profile;u=94451



http://www.trollboxhistory.com/?nick=btcdrak



Quote n00bs are buying, I am selling Anybody? Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.

Gleb Gamow

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In memoriamVIPLegendaryActivity: 1428Merit: 1120 Re: Who is BtcDrak?? December 23, 2015, 03:47:45 PM

Last edit: December 23, 2015, 09:59:34 PM by Gleb Gamow #2 https://www.reddit.com/r/bitcoinxt/comments/3xrxz9/some_questions_that_the_core_devs_are_unable_to/



Quote I don't know much about his prior history, but early last year he launched an altcoin called Viacoin (ironically out of frustrations with the Core dev team), who's main advantage over other altcoins was that it had a meta-coin layer on top for issuing assets etc. called Clearinghouse - except that "Clearinghouse" is actually just a fork/clone of Counterparty, which had just been released a month or so earlier (thus mostly unknown), and which conveniently is barely mentioned at all, the protocol marketed as if he built it himself (he didn't). A whole crap ton of Viacoin was pre-mined and then sold in a crowdsale for a total of around ~600 BTC. So while Counterparty folks did a burn of 2100 BTC, btcdrak took the same code and used it to raise a serious chunk of cash for himself. Meanwhile, Peter Todd had recently had an episode on LTB where he talked about his "tree chains" concept, supposedly vastly better than sidechains. btcdrak thought this was amazing and proceeded to hire Peter explicitly to develop the Tree Chains concept for Viacoin, using his stash earned from pre-mining (mostly a PR stunt IMO). Tree Chains apparantly went nowhere and never happened, but instead Peter became "Chief Scientist" of Viacoin (and more recently abandoned that title, IIRC) . Ever since then, Peter and Drak seem to always show up in the same places, pushing the same viewpoints etc.. and now btcdrak has managed to integrate himself in the inner circle of Core devs, most likely thanks to Peter's help.

Here - Here - https://www.youtube.com/watch?v=S9DjpDY-PIY - Marshall Long goes into detail about Peter Todd being a friend of his and creating Proof-of-Hashrate for Mintsy, a once Cryptsy thingy.

BlindMayorBitcorn



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LegendaryActivity: 1260Merit: 1107 Re: Who is BtcDrak?? December 23, 2015, 04:36:18 PM #3 https://www.zapchain.com/a/l/who-is-btcdrak-why-is-he-considered-a-core-developer-why-was-he-made-moderator-of-the-bitcoin-dev-mailing-list-is-he-a-blockstream-investor-/toSyK3lLbT



https://np.reddit.com/r/Bitcoin/comments/37gj0l/when_the_block_reward_goes_away_gavin_andresen/crmk1eg





gavinandresen 3 points 6 months ago

Quote Please send me the analysis and methodical science behind your choices for ViaCoin's total supply, block time, and block size.



Otherwise shut up, you annoying troll.

gavinandresen 3 points 6 months ago Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.

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LegendaryActivity: 1260Merit: 1107 Re: Who is BtcDrak?? December 23, 2015, 09:58:54 PM #4



https://www.youtube.com/watch?v=kjP6hezfpUI Video interview of BtcDrak where he claims to be British. Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.

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LegendaryActivity: 1260Merit: 1107 Re: Who is BtcDrak?? December 24, 2015, 11:27:06 AM

Last edit: December 24, 2015, 12:13:11 PM by BlindMayorBitcorn #6 http://www.trollboxhistory.com/?nick=btcdrak



Quote n00bs are buying, I am selling

http://trollboxarchive.com/search/username/btcdrak/



Wed Jan 29 14:54:39 2014

Quote bitcorn

Wed Jan 29 14:54:39 2014 Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.

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LegendaryActivity: 1260Merit: 1107 Re: Who is BtcDrak?? January 22, 2016, 04:21:04 PM #7 https://www.reddit.com/r/btc/comments/425ihq/someone_calls_out_btcdrak_and_peter_todd_for/



BTCDrak shouldn't really be considered a core developer but perhaps the better term would be a Bitcoin Core weasel as he has weaseled his way into being thought of and considered a core developer through brown nosing.



Ironically his only contribution to the Bitcoin Core repository is a document entitled "Contributing to Bitcoin Core".



BTCDrak also managed to create an ICO for his altcoin Viacoin which is just a clone of Bitcoin and the accompanying project ClearingHouse which is just a clone of Counterparty. BTCDrak isn't a programmer but has enough coding knowledge to make a Bitcoin clone and enough technical doublespeak to swindle people out of 600 Bitcoins for the ICO.



At the time 600 Bitcoins had a value of around $380 thousand dollars.



BTCDrak paid a small portion of that money to Peter Todd to implement some features such as CLTV (Check Lock Time Verify) and uses that as a badge of honor. Essentially paying Peter Todd a portion of the $380k has allowed him to weasel his way into the Bitcoin Core developers team. He also conned Peter Todd into assuming the role of "Chief Scientist". Peter Todd in November wrote "I was previously getting paid by viacoin to do Bitcoin Core dev work - I never actually contributed to Viacoin directly".

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.