Business 2 February 2018Cecille de Jesus
Astronomical: 160 Terabytes per second may be coming to Bitcoin Cash soon
Nyriad’s NSULATE was inspired by the performance requirements of building the world’s largest radio telescope.
According to a report by TOP500, a project which rates and ranks the 500 most powerful supercomputers in the world annually, memory board specialist Netlist and Japanese high-performance computer company HPC Systems teamed up with New Zealand-based storage start-up Nyriad in crafting a computing system capable of streaming raw radio data into computers at 160Tb/s.
Even more impressive is NSULATE’s converged-storage processing which would enable computing while simultaneously handling distributed storage-processing—by processing them as if they were the same thing.
“NSULATE can further reduce infrastructure requirements by sharing GPU resources for compute and storage on the same physical node. Storage nodes can be configured to double as processing nodes for I/O bound computing steps. This further accelerates big data and HPC processing and storage access by reducing the distance between GPU resources and storage,” their website says.
The Linux storage platform—which was originally designed to handle the requirements of the Square Kilometer Array Telescope—uses GPUs (graphical processing units) much like the ones being used to run video games, and NVDIMMs (non-volatile dual in-line memory modules)—which are resistant to data loss even in cases of sudden power outage or a crash of the system.
This has massive implications for blockchain processing. And although the company has not specified blockchains as one if the primary targets for the technology, there’s very good reason to believe that they’re heading that direction. Apart from the fact that the technology is a perfect fit for blockchain mining, some of Nyriad’s open projects are already focused on blockchains.
Coming to Bitcoin Cash soon?
One of the main arguments thrown against Bitcoin Cash’s large blocks is the limitations of current storage, processing, and data streaming technology. The release of this technology discredits these false limitations, not that Moore’s Law hasn’t already disproved this before most of those pushing the argument were even born.
Last year, Bitcoin Unlimited was able to the mine the world’s first 1.0001Gb block on the Gigablock Testnet—an initiative that aims to run rigorous tests on the feasibility of large block scaling for Bitcoin Cash. And just last month, the Terab Project was launched, with the goal of testing one terabyte blocks which would theoretically enable Bitcoin Cash to endure 7 million transactions per second.
nChain’s chief scientist, Dr. Craig Wright, who is working on the Terab Project with French quantitative supply chain technology provider Lokad, has been an outspoken proponent of on-chain scaling (large blocks). Regardless of whether users like him or not, his points on scaling and Moore’s Law are being proven right—even by technology institutions outside Bitcoin’s politically charged scaling debate.
“As much as some throughout history try to put down human ingenuity, we see its endless march carry us forth and beyond what was thought impossible just a few years ago. Here, we see a means to scale that was impossible a decade hence and now will be common place in a decade to come.
There is no scaling issue with Bitcoin other than politics and BCH has solved this.”
-Dr. Craig S. Wright
Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.
Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world’s new money and enterprise blockchain.
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