Roger Ver, in a recent talk with the CEO of SBI Holdings, Adam Traidman, took the opportunity and called out another mining player, Bitfury to stop spying. According to the BCH proponent, Bitfury claimed that a section of its business was busy spying on users’ transactions and selling their data. Ver criticized Bitfury, accusing the US-based blockchain software and hardware firm of spying and selling the transactional data of the users.
Asking people to be skeptical about companies like Bitfury, Ver said,
“.. when you ask yourself why would they [Bitfury] want to limit the block size, it makes it easier for them to spy on every day and it makes harder for cryptocurrencies to become currencies for the world.”
According to the Bitcoin hard fork advocate, the firm was selling user data so that they can to spy on them, while simultaneously advocating against the tools that would facilitate user privacy with their digital assets.
Previously, Kyrylo Chykhradze, the head of Bitfury Crystal, said that keeping tabs on Bitcoin [BTC] and Bitcoin Cash [BCH] blockchains was possible with the help of the exchange’s analytics arm. Chykhradze stated that Crystal, while leveraging a unique clustering algorithm, can determine addresses belonging to specific users. He further added,
“Crystal, which has assisted financial institutions and law enforcement in identifying and tracing criminal activities such as extortion and money-laundering, assigns a risk score based on every bitcoin address that has ever appeared in the blockchain.”