CoinGeek.com continues to invest in developing BSV into the one true Blockchain with recent funding for: a terabyte block*, a tokenization mechanism (with a £5,000,000 prize for anybody who can achieve this) and now with the Cash Shuffle Group to add the ability to mix or shuffle coins on the Blockchain through multiple transactions to improve anonymity.
There’s nothing clandestine about anonymous payments, normal cash is the same and, of course, the two parties involved will be fully aware. But, to create a viable peer-to-peer, low-fee digital currency the ability for users to keep their transactions between each other is something that has been enjoyed since the birth of currency.
These improvements to the chain help tie BSV even more firmly to the original Satoshi White Paper and thus is not only the best Blockchain but also the only true Bitcoin.
Calvin Ayre, owner of CoinGeek.com, explains: “After Bitcoin Core became SegWit coin last year, our mission has always been to make sure the original Bitcoin survives and succeeds. With its series of radical and unilateral code changes in just the last week, ABC’s BCH has departed so far from the original Bitcoin that it is now an alt-coin developer experiment and we no longer have any interest in it or its tarnished brand. Bitcoin SV fought to preserve the Satoshi Vision, and is the original Bitcoin. We will now focus entirely on building upon an already vibrant Bitcoin SV ecosystem. Although ABC may keep the damaged BCH ticker symbol, BSV is winning over BCH’s native application ecosystem in droves. We look forward to out-competing BCH (and BTC) in the marketplace, rather than in further chain battles.”
Alongside everything we are doing CoinGeek is also educating merchants about the benefits of adopting Bitcoin SV as a lower-fee, fast-payment system. These educational efforts will really hit a peak at our CoinGeek Conference in Hong Kong this May 18th.
*A single terabyte block (added every 10 minutes) can contain about 4 billion Bitcoin transactions, and provide capacity of 7 million transactions per second.
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.