Udi Wertheimer Offers to Promote Binance in Exchange for SegWit Support

Published on by Cointele | Published on

One of the Bitcoin space's best-known and most outspoken developers has pledged to advertise Binance for the rest of the year if the exchange implements specific features.

Wertheimer tackles Binance lack of SegWit, Lightning.

In a Twitter debate beginning on Oct. 2, Udi Wertheimer has made an unusual decision to influence development of Binance, one of the world's biggest cryptocurrency exchanges.

Wertheimer was referring to the fact that Binance is delaying support for Bitcoin addresses which meet the Segregated Witness standard.

Long preferred by some due to its faster and cheaper operation, SegWit has seen slow uptake by businesses such as exchanges.

"SegWit is on the road map, but it's kind of a lower priority because Bitcoin transactions do work right now, especially with Lightning Network, which have taken the load of Bitcoin main network."

Wertheimer also demanded Binance stop reusing Bitcoin addresses, something which can decrease users' security.

In his turn, Zhao hinted that he would offer the features if Wertheimer agrees to host the Binance logo until the end of Q1 next year.

"Let's start with end of 2019 for the segwit and new addresses part, and i'll thrown in q1 2020 when you add lightning deposits."

As Cointelegraph reported on Sept. 19, bitcoiner and self-professed "Toxic maximalist" Udi Wertheimer has also called out the leaders of altcoin projects like Bancor.

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