CoinGeek New York Day 1 recap

CoinGeek New York Day 1 recap

Pillars of Satoshi Nakamoto’s Bitcoin whitepaper and the various ways that both consumers and enterprises are using the BSV enterprise blockchain were conversational staples on Day 1 of the CoinGeek conference.

Bitcoin Association Founding President Jimmy Nguyen kicked off the conference with a speech that showed the audience why the features inherent to the BSV blockchain position it to stand the test of time—Nguyen emphasized time in his speech, a word that appears throughout the Bitcoin whitepaper

BSV is the closest implementation of Bitcoin to the vision laid out in the Bitcoin whitepaper, it scales unbounded, has sub-penny transaction fees, and is a secure way of sending data peer to peer which makes BSV the most likely implementation to stand the test of time—especially as we see other coins and tokens cease to exist.

After Nguyen, Technical Director of the BSV Infrastructure Team Steve Shadders took the stage and gave a technical update on the BSV network. He told the audience about the progress being made on Teranode and how the implementation of Teranode will allow the BSV enterprise blockchain to run more efficiently.

The next few sessions focused on iGaming and esports on the blockchain, both are industries that are a perfect fit for the BSV blockchain thanks to BSV’s ability to facilitate peer-to-peer microtransactions that are settled instantaneously and with sub-penny transaction fees. 

During one of these panels, Haste Arcade Technical co-founder Eric LaForce announced the launch of the new and improved Haste Arcade, along with the Haste Arcade SDK that allows developers to build apps and integrate Haste’s Instant Leaderboard Payout (ILP) technology, and an upcoming game developer competition that Haste will provide more details for on October 18.

We also saw presentations from Robert Rice, the CEO of Omniscape, the company building the Metaverse on the BSV blockchain; Kurt Wuckert Jr., CoinGeek’s Chief Bitcoin Historian who moderated a panel about the differences between the BSV blockchain and the many other blockchain networks that exist; Paul Rajchgod, the managing director of private equity at Ayre Ventures; and William Callahan, the director of Government & Strategic Affairs at Blockchain Intelligence Group.

The afternoon sessions on day one of the conference featured a lot of the businesses and individuals spearheading software development and developer tool creation on Bitcoin. 

Xiaohui Lui from sCrypt spoke about BSV’s smart contract capabilities; Shashank Singhal, the co-founder and CEO of Codugh, spoke about distributing micropayments for code engineers; and then the three BSV Hackathon finalists—Marcel A. Gruber of CATN8, Joe Thomas of Bitcoin Phone, and Masatomo Tanaka of TKS Pnt—pitched their projects to a panel of judges featuring Donny Deutsch, the former CEO and Chairman, Deutsch Inc.; Dr. Craig S. Wright, Rajchgod from Ayre ventures, and Steve Shadders.

The hackathon pitches were followed by one of Dr. Craig S. Wright’s iconic keynote speeches. This one was packed with a lot of Dr. Wright’s philosophy and Dr. Wright’s passion for the topics he spoke about was clear.

The final panel of the day, “Blockchain: The Future of Technology Building on Achievements of the Past,” featured founding fathers of blockchain technology Stuart Haber and W.Scott Stornetta—the two individuals whose academic papers are cited in the Bitcoin whitepaper—along with Dr. Wright and financial cryptographer Ian Grigg.

The group talked about the evolution of blockchain technology, where it began, how Haber and Stornetta imagined blockchain technology to work, and how it actually operates today.

Nguyen concluded Day 1 with a short wrap-up message for the audience, reminding everyone to come back on October 6 and 7 for more of the CoinGeek Conference taking place in New York.

Watch CoinGeek New York 2021 Day 1 here:

New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.

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