After first being proposed in June 2020 and passing an initial checkpoint review by the 10 Technical Standards Committee members, the standardised format for Merkle proofs is now recommended for all businesses across the BSV ecosystem that utilise Merkle proofs in their application or service.
Bitcoin SV Technical Standards Committee released the latest Travel Rule Specification covering FATF compliance and regulation for public review.
The BSV Technical Standards Committee is looking for individuals to join their Working Group as a reviewer and look at the standard TS 2021.015-20: Peer-to-peer payment protocol for wallet APIs.
The Envelope Specification aims to address the problem of inconsistent data file formats, which each require their own compatible software to open, decode, and process.
The Bitcoin SV Technical Standards Roadmap is divided into five specific areas, focusing on delivering effective baseline standards for developing with BSV blockchain.
The free virtual event, taking place on September 16, will look at the advantages of being involved in a technical working group.
The TSC was established to professionalize the development of Bitcoin technology in order to support massive scale enterprise, consumer and government use, as well as accelerate global adoption.
On this episode of CoinGeek Backstage, Patrick Thompson caught up with Alex Fauvel, founder and General Partner of Two Hop Ventures, on the sidelines of the CoinGeek Conference in Zurich.
The Merkle Proof Standard is important because it allows for easier interoperability in BSV payments, as well as providing a utility-driven platform for simple payment verification services on Bitcoin blockchain.
At CoinGeek Zurich conference, attention was paid to the many data applications, but without technical standards, utility decreases for developers and for platform users.
Masumi Hamahira, who has pioneered Islamic Finance concepts in Japan for the past decade, says the Bitcoin SV network is perfect for powering the kinds of contracts its structures are based on.