BSV Association begins technical testing of Teranode
The BSV Blockchain Association announced the technical testing on Teranode, the blockchain upgrade that will allow the BSV Blockchain to operate at upwards of 1.1 million transactions per second.
Latest Bitcoin node News
The mystery of 26.9 BTC paid to the Genesis block
The 29.6 BTC security deposit to the Genesis block had many suspect it could be from Dr. Craig Wright and was made for core developers, creating an air of peculiarity that is hard to put aside.
New Teranode features to push BSV blockchain’s capabilities beyond the limits
The Teranode development team has announced new design features that will give a major boost to the network's efficiency and speed, pushing BSV blockchain's capabilities to a million transactions per second and far beyond.
Bitcoin SV Node team plans to fix mAPI’s ‘evicted transactions’ problem
mAPI (initially Merchant API) was designed to be an additional service miner that could be offered to merchants accepting Bitcoin transactions.
Security, the blockchain, and hashed headers…
Bitcoin uses a binary tree structure to collapse a huge set of transactions into an easily searchable path, which is only necessary when millions or billions of transactions are included in a block.
The library analogy
Bitcoin creator and author Dr. Craig Wright explains the library analogy and how it applies to Bitcoin and related services.
Defining scaling
Numerous arguments abound on scaling blockchain-based systems like Bitcoin, but according to author Dr. Craig Wright, the scale or grade represents the transaction volume that the system can handle.
A reminder that if you’re not creating blocks, you’re not a node on the Bitcoin network
Bitcoin Creator Dr. Craig S. Wright has hit out again at the notions of "non-mining nodes" and "routing nodes," saying they have little purpose and play no role in securing the network.
Run a Bitcoin node, honestly
Bitcoin is a consensus network designed to solve the Byzantine Generals Problem with proof of work. If that sounds insane, sorry. Fortunately, it’s not as crazy as it sounds.
Steve Shadders on state of BSV network: Look to SPV, LiteClient program to deal with BSV’s rapid growth
Steve Shadders, Technical Director of the Bitcoin SV Infrastructure Team, gave his customary "state of the network" speech to open the CoinGeek New York event with a rundown of the issues and solutions.
This is what Teranode is about (+50k TPS)
On a day which saw the Demo-Gods’ smile upon him, Steve Shadders was able to demonstrate a 4-cluster Teranode process over 50,000 txn/s before the latency delay rose above 100ms.