The best and brightest from nChain took the stage in Seoul to tell us how Bitcoin will return to its original vision.
The energy in prospect as Bitcoin SV continues to evolve as a technology, with its important Genesis upgrade just a few months ahead.
This week’s episode of the Bitcoin Vision comes from Siberia, Russia, where Founding President of the Bitcoin Association Jimmy Nguyen was a guest speaker at the recent Baikal Blockchain and Crypto Summit.
Steve Shadders explained to us that Bitcoin is proving its scaling now so business trust isn’t an issue.
Crypto news sites went wild with stories of failing nodes and forks, but the truth was much more boring.
Having already proven it can handle massive amounts of data, the Bitcoin blockchain needed to also prove it could handle more transactions.
As BSV continues to follow its Roadmap to Genesis, the blockchain time and again shows that the original Bitcoin design was right and didn’t need to be frivolously altered.
The conducted large data upload in Bitcoin SV (BSV) blockchain was not only successful, but it reiterated the fact that on-chain scaling of an order of magnitude larger than anyone thought possible on a blockchain is possible and sustainable.
Not only was the Bitcoin SV Quasar upgrade successful, but several 2GB blocks have already been seen — six in a row, as a matter of fact.
The Bitcoin SV Node team are planning a July 24 upgrade of the Bitcoin SV (BSV) network, nicknamed the “Quasar” protocol upgrade.