American hacker and developer George “Geohot” Hotz has recently released a cryptocurrency programming video on October 17, demonstrating how to use the Python programming language for sending Bitcoin Cash transactions.
Geohot is a well-known entrepreneur and programmer that has built his reputation as the first hacker to jailbreak the iOS software back in 2007. He is also widely known for his affiliation with Tesla Motors CEO Elon Musk who, according to Hotz, once made him a multi-million dollar proposition to build a more efficient autonomous vehicle system than Tesla’s Mobileye solution.
Following Hotz recent interview with BCH YouTuber Hayden Otto during the BCH Devcon in San Francisco, on October 17, Hotz released a 5-hour video showing how to generate a BCH private key through Python.
While the majority of the video’s content shows Hotz explaining about coding, he underscored that he would not be engaging in cryptocurrency politics.
“I know we’re doing crypto things today but we’re not going to talk about the politics of crypto — Because politics is for losers,” said Hotz, as he explained the things he learned about BCH during the BCH Devcon, emphasizing that “transaction fees are super low on bitcoin cash.”
Hotz continued, stating:
“I’m] Using bitcoin cash because it’s the real bitcoin.”
Aside from BCH, Hotz also discussed about the Ethereum network’s dapp projects as well as the Lightning Network, adding that crypto technology and Ethereum code are among the topics that he reads for pleasure. However, as Hotz stressed, Ethereum network is a “bug bounty,” as smart contracts open a doorway for malicious hackers to earn profit while skirting the law.
Hotz also criticized the BTC network for its exorbitant network fees. As for the Lightning Network, he explained that the system was too complicated to the extent that it probably “won’t work.” Overall, Bitcoin proponents have generally enjoyed listening to Hotz’s two cents on the Bitcoin scaling debate and the lessons he taught using Python’s code.