Interviews 4 October 2018Erik Gibbs
Launching soon: NextCash wallet for Bitcoin BCH
There are an endless supply of cryptocurrency wallets available to consumers today. While the selection may seem confusing and overwhelming, each offers its unique characteristics that set it apart from the rest. Having such a vast number of options is a good thing—it means that developers are going to be more inclined to continue development to enhance their offerings in an effort to attract more customers. Ultimately, this will lead to a stable and powerful cryptocurrency market.
One of the newest cryptocurrency wallets being introduced specifically for Bitcoin BCH is the NextCash wallet. It is still in development, but its creator, Curtis Ellis, took a break from the rigors of coding to give us some details of his project.
Tell us a little about yourself
I have been writing software for 20 years, though I just became involved with [cryptocurrencies] last year. I have lived in Montana most of my life. I enjoy solving problems and building/updating complex systems. I have worked in the financial industry, and developed mobile apps. You can see basic information about me at curtis-ellis.com/.
Why did you choose Bitcoin BCH?
[It] is most aligned with the incentives to become a decentralized currency. I could write a lot about this topic, as it is not simple. Decentralized proof of work and user adoption are key to success. On-chain transactions must remain healthy for anything else to work.
How long has the wallet been in development?
I started developing the underlying node software from scratch in July 2017. When it was starting to function, I started developing the Android wallet on top of it in the beginning of 2018. So all together a little over a year. It is just me, and most of it is from scratch, so it has been a lot of work.
How many beta testers are currently involved?
There are very few beta testers so far. I have had a few friends running the alpha test for several months, and it looks like only a few people have joined the beta since it started [two days ago].
What are some of the biggest challenges you’ve discovered?
As far as development, my challenges are mostly lacking documentation of the protocol and lack of funds. I have been living on savings and retirement to allow me to focus on this. I can usually figure out the protocol, as I am good at systems analysis.
When do you anticipate going live?
Ideally, in a month or two, if I get some decent beta testers. I will be ready to push the app to production on Google Play and probably add it to some other stores, too.
What do you have in store for future enhancements to the wallet?
I have a lot of dreams. 🙂 I have thought of a public key sharing system in which you can share public keys with people who pay you regularly and they will be able to generate their own addresses to pay you with, and you will know the source of payments. Like the HandCash usernames, except with no centralized service required, just wallet support. There are also a lot of little features left to add, like importing and supporting keys of all different derivation paths, and updating the UX. I also plan to add some subscription based services like improved zero conf, BIP-0070 server access, and other merchant support.
Are you working on any other projects?
Right now, just related projects like the website nextcash.tech, which is pretty bare bones right now, and the full node implementation, which needs lots of tests and consensus rules verification.
Is there anything else you would like to share?
I hope to promote [Bitcoin BCH] usage and make it easier and safer for people to use it as a currency. It has the potential to be much better than any other existing currency.
Projects such as the one being developed by Ellis are why Bitcoin BCH is succeeding. More developers are recognizing the value of the cryptocurrency and its underlying blockchain and are becoming more involved in creating not only wallets, but also real-world products and solutions that can cover a myriad of issues. All of these endeavors will help to advance the network faster and lead to it global adoption more rapidly than the other cryptocurrencies.
This interview is part of an ongoing project to feature advances of the Bitcoin BCH community. If you have a project, or know of one, that should be highlighted, drop us a note.
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.
Interviews 23 May 2019
WeatherSV predicts sunny future for Bitcoin SV
An experimental project called WeatherSV collects data from weather stations around the world, presenting that information to users using BSV blockchain.
Interviews 22 May 2019
Wayne Trench: Providing sophisticated security token solutions
Wayne Trench, CEO of OSL Brokerage, is trying to build a more mature and sophisticated brokerage system for securities trading.
Interviews 22 May 2019
TonicPow evolves website advertising models as BSV Hackathon finalist
TonicPow is a project that inspired three individuals to become a team, and to provide a revolutionary new application to internet advertising.