Bitcoin Core developer criticizes “misleading” auction of code as NFT


  • He tweeted a screenshot of the code he created on February 27.
  • The price of Dev Core has dropped from $23,372 to 0.41 bitcoin, or roughly $9,500.
  • On the last day of 2022, a hack cost Dashjr all of his bitcoin.

One of the original core developers of Bitcoin tickers, Luke Dashjr, has taken to social media to criticize an auction site that used his name and code without his consent to produce and promote a “misleading” NFT. On February 27, the developer tweeted about selling a nonfungible token with a screenshot of his code. The price dropped from $23,372 to 0.41 bitcoin, or roughly $9,500, at the time of writing.

According to him, NFTs marked under his name are a source of concern for the public. His code was just auctioned for .41 bitcoin. He wants to announce the sale to the general public for financial gain while identifying himself as the code.

According to Dashjr, he was offered a gift equal to 90% of the auction’s earnings, which he turned down. He thinks this is an effort to buy his silence or get his approval after the fact.

Dashjr insisted that the winning bidder receive a full refund due to fraud and sincere buyer misinterpretations of the auction proceeds.

Dashjr said that “other Bitcoin programmers” had been put in such predicaments and given “substantial” contributions in exchange for their participation, but he did not go into specifics.

According to research by OpenSea, “plagiarized works,” “phony collections,” and “spam” made up 80% of the NFTs created with their program. On the last day of 2022, a hack cost Dashjr all of his bitcoin. This generated a discussion on “self-custody,” which gained traction following the demise of the cryptocurrency exchange FTX.