Editorial 3 January 2018Eli Afram
TX HighWay does well to illustrate the Bitcoin Cash Advantage
Little could I have imagined that a simple tweet I made on the 27th of October would snowball and become what is now known as the TX Highway – the BCH vs BTC live transaction visualizer. www.txhighway.com
Blockstream’s business plan to profit off of side-chains is no conspiracy theory. CEO Adam Back has on numerous occasions openly stated that Blockstream plans to profit off of selling side-chains and dedicated hardware for off-chain solutions.
The tweet caught the eye, and the imagination of one individual, Corbin, writing under the alias maplesyrupsucker, who decided to turn the analogy into a virtual representation, with live transaction data feeding into the application, from both the BCH and BTC blockchains, represented by vehicles, roads, and signage.
Corbin contacted the Bitcoin Cash Fund, and worked directly with a back-end developer, Paul, working under the alias ‘porlyb’, to see the idea come to fruition.
Corbin explained that the app will remain under development for the foreseeable future. Ofcourse the challenge will be, once we have 1GB blocks… How to illustrate such a wide highway? I’m sure they’ll find a clever way…
But the real interesting point is that every vehicle represents a different transaction. The bigger the vehicle, the bigger the transaction.
Some interesting points are immediately observable. There are very little if any, small transactions on the BTC lane. On the other hand, BCH will feature many of these tiny vehicles, because it is economically viable to do so given the fees.
Anyone who fails to grasp the technicalities of the blocksize debate can instantly, visually appreciate the difference.
The single lane (BTC) is heavily congested. The ‘Segwit’ cars are amusingly trying to get in-front. Some other interesting additions include the Lightning Network ‘rail’ that’s under construction, and the closed second lane representing the failure of the 2X blocksize increase (which was supposed to happen in November). Have the sound up and you’ll hear frustrated drivers beeping at one another.
Corbin says: “I mostly did front end html and CSS and sprites and audio and a bit of JS. Then porlyb tied in the Bitcoin and Bitcoin Cash transactions and address monitoring.”
On further developments, he states “we’re hoping if we get enough donations we can turn this into something more fleshed out. Include toll roads. Go isometric”.
He wasn’t short on giving thanks to the Bitcoin Cash Fund either: “Just thought it might make a cool BCF proof of concept of community work. Without the BCF we wouldn’t have met and started this”.
Paul, who did the blockchain integration work magic (monitoring transactions and stats) stated “Bitcoin Cash is the Bitcoin I read and understood in the whitepaper. A peer-to-peer electronic cash system for everyone in the world, not some weird settlement layer thing where hodl, moon and lambos are said seriously by grown adults in business suits. BCF is a great community and are doing excellent things for Bitcoin Cash. TX Highway was the most fun i’ve had writing code before. Had a smile on my face most of the time and was even in tears laughing with some of the ideas Corbin and I were having.”
Paul, Corbin, excellent work. It brought a smile to my face.
Well I am certainly looking forward to many more exciting projects from these guys, and also the Bitcoin Cash Fund.
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.
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