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Author Topic: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision (Old Thread)  (Read 94423 times)
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March 21, 2019, 11:14:20 AM
Last edit: March 21, 2019, 11:51:32 AM by human8ty
 #161

Gentlemen, you are misrepresenting my words, please adjust [/quote] your latest text where you quote me.

My original writings are: https://bitcointalk.org/index.php?topic=4985868.msg50234415#msg50234415


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March 21, 2019, 08:37:09 PM
 #162



BITCOIN SV SECURITY AUDIT HELPS RESOLVE MULTIPLE VULNERABILITIES ACROSS DIFFERENT BITCOIN BLOCKCHAINS
March 1, 2019

Denial of Service Vulnerabilities Repaired in Bitcoin SV version 0.1.1

The Bitcoin SV (BSV) community is committed to the “Satoshi Vision” for delivering a secure and scalable Bitcoin network that supports the world’s new money and use as the global enterprise blockchain. As part of its commitment to professionalise the Bitcoin development process, the Bitcoin SV Node implementation team engaged the services of Trail of Bits, a leading cybersecurity research company with expertise in blockchain technologies, to perform a security audit of the Bitcoin SV Node implementation source code.  The security audit revealed multiple vulnerabilities that Bitcoin SV did not itself cause but likely inherited from the Bitcoin Core (BTC) and thus Bitcoin ABC software for Bitcoin Cash (BCH) from which the Bitcoin SV were forked.  However, Bitcoin SV’s audit and professionalised approached to security has now helped all these major blockchains resolve the vulnerabilities.

A full security audit requires significant time and cost to perform, but the Bitcoin SV Node implementation team did so (with financial support from its partners at CoinGeek) as a critical step to bring more professionalism to the Bitcoin ecosystem.  We believe this is the first time any Bitcoin node implementation has ever been security audited in the 10-year history of Bitcoin.

After conducting its security audit, Trail of Bits reported numerous  findings.  The Bitcoin SV Node implementation team considered three of these findings to be significant enough to warrant responsible and confidential disclosure to other potentially affected Bitcoin implementations – specifically to implementations for the Bitcoin Core (BTC) and Bitcoin Cash (BCH) chains which compete against BSV.

The three vulnerabilities have been rated as medium severity with low difficulty to exploit and expose the Bitcoin node software to Denial of Service attacks resulting in a high overall risk rating. The Bitcoin SV Node implementation team disclosed the details of these vulnerabilities to other Bitcoin implementations (for Bitcoin Core and Bitcoin Cash) on 10 January 2019, requesting full confidentially until 11 February 2019 and that detailed information about the vulnerabilities be kept confidential until 1 March 2019. This process follows industry best practice by providing sufficient time for development teams to release and deploy updated software before the details of the vulnerabilities become public knowledge.

The details of the vulnerabilities were disclosed to the software development teams of Bitcoin Unlimited, Bitcoin XT, Bitcoin ABC, and Bitcoin Core. An analysis of the vulnerable portions of the source code indicated that these software implementations may be affected by these vulnerabilities – most likely because the vulnerabilities first existed in the Bitcoin Core software before it was forked by Bitcoin ABC to create ABC (an implementation for Bitcoin Cash), and before Bitcoin SV thus inherited these vulnerabilities from Bitcoin ABC.

1) The first vulnerability, CVE-2018-1000891, would enable an attacker to send specially crafted network packets to the target node which would needlessly consume large amounts of processor and network resources. The attack could result in a Denial of Service by exhausting processor and network resources and would not be detected or prevented by the software.

2) The second vulnerability, CVE-2018-1000892, would similarly enable an attacker to send specially crafted network packets which would needlessly consume large amounts of processor and network resources. The attack could result in a Denial of Service by exhausting processor and network resources and would not be detected or prevented by the software.

3) The third vulnerability, CVE-2018-1000893, would also enable an attacker to send specially crafted network packets which would needlessly consume large amounts of memory resources. The attack could result in a Denial of Service by exhausting memory resources and causing system failure. The attack would not be detected or prevented by the software.

For Bitcoin SV, these vulnerabilities were addressed in release 0.1.1 of the Bitcoin SV Node implementation which was released on 11 February 2019.

Bitcoin SV Node Lead Developer Daniel Connolly remarked:

“By organising this security audit (with funding by CoinGeek) and by sharing the results in a responsible and secure manner, the Bitcoin SV Node team, nChain and our partners at CoinGeek demonstrate our commitment to increase the quality of Bitcoin software and professionalise the engineering process.”

Even though the Bitcoin SV Node implementation team did not create these vulnerabilities and likely inherited them from Bitcoin Core and Bitcoin ABC, its groundbreaking approach to apply software industry best practices to Bitcoin node development has now also benefited the competing Bitcoin Core and Bitcoin Cash ecosystems.

The Bitcoin SV Node reference implementation is a project of the Bitcoin Association.  The Bitcoin Association’s Founding President Jimmy Nguyen observed:

“As I’ve said before, it’s time for Bitcoin to grow up and professionalise.  This security audit is a big step in that direction, because no other Bitcoin project is taking such a comprehensive approach to security.  The results and improvements exemplify how the Bitcoin SV Node team is taking steps to prepare Bitcoin SV to have the reliability needed to become the world’s new money and the global enterprise blockchain.  It also demonstrates that Bitcoin SV is now leading the Bitcoin industry, even helping other projects that deviated from the Satoshi Vision for Bitcoin.”

Source : https://bitcoinsv.io/2019/03/01/bitcoin-sv-security-audit-helps-resolve-multiple-vulnerabilities-across-different-bitcoin-blockchains/



Thx for so much oversight. Good manners


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March 22, 2019, 06:31:24 AM
 #163

jimmy nguyen recent interview

https://www.youtube.com/watch?v=iarn9RyHR10
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March 22, 2019, 10:01:51 AM
Last edit: April 15, 2019, 03:28:44 PM by mprep
 #164


Dr. Craig Wright presents work on decentralized autonomous corporations at ICICT 2019

https://www.youtube.com/watch?v=5_G0mY9Pqz4

In his presentation at the ICICT 2019, nChain Chief Scientist Dr. Craig Wright explains the concept behind decentralized autonomous corporations (DACs). The idea behind DACs is essentially not to allow centralization and have things in multiple areas, while also getting rid of failure points.








Unwriter announces Bottle, a Bitcoin browser

There’s a new way to browse content on the Bitcoin SV (BSV) blockchain. Anonymous developer Unwriter has announced Bottle, a Bitcoin Browser. Available for Mac, Windows, and also available on GitHub, Bottle allows users to surf content on the Bitcoin network.

Announced in a March 21 tweet, Unwriter notes that Bottle is capable of surfing anything saved to the BSV blockchain, including images, texts, HTML, JSON, Javacript and CSS.

He explains why he built it in the following passages:

“HTTP is the protocol for the old world, the server-client based cloud paradigm.

“By moving away from HTTP and authoring everything in a Bitcoin native way (using Bitcoin transaction ids and content hashes) we can build a completely self-contained network of documents which can exist forever on the blockchain.”

Bottle is capable of accessing the B:// and C:// uniform resource identifiers (URIs), which allows it to browse transactions as addresses and content addressed URI schemes based on file contents, respectively.

Much of this can already be accomplished with existing blockchain tools, but Unwriter explains that we need to break away from old mindsets. “Instead of thinking from the old WWW mindset, we should think from a Bitcoin-native mindset,” he wrote.

The browser is powered by Electron, so it already has access to powerful BSV features, as well as the typical browser features you would expect.

Unwriter also noted that he released this new browser earlier than he normally would have with his other works, specifically so that it can grow and evolve to the needs to the community. He’s welcomed feedback through GitHub, and has already responded to questions and cheered on developments on Twitter.

With this new app, Unwriter is making it easier for developers and users to fully embrace the BSV blockchain, and start walking away from the world wide web. It will still take some time to discover what applications this will prove most useful for, and to see the full potential of what developers can do with it, but getting started down that road is an exciting prospect.

Source: https://coingeek.com/unwriter-announces-bottle-a-bitcoin-browser/









Money Button CEO: How to upload large files to Bitcoin SV blockchain
When Steve Shadders and his team unleashed OP_RETURN, increasing its maximum size to 100KB, the Bitcoin SV (BSV) community took advantage and started uploading a torrent of image files using services like Bitstagram. Even though that has allowed users to do so much already, Money Button CEO Ryan X Charles is now ready to show us how we can upload even better pictures to the BSV blockchain.

On March 21, Charles tweeted that there’s now a more reliable method to upload large files, including pictures, to the blockchain. He links to a BitPaste article, which shows 12 examples of large image files uploaded to the blockchain, and a link to a YouTube video that explains how the process works.

The process works by uploading multiple files, which will then be combined to create the larger upload. Each upload to the blockchain incurs a transaction cost. Uploading a 100KB file or image costs roughly $0.07 at the moment, so as Charles explains, a 5MB image or file will cost roughly $3.50.

The Money Button team has created a new tool to accomplish UTXO splits, called ‘Raise Speed Limit.’ This allows the user to sign hundreds of transactions at once, which will then allow writing to the blockchain. In Charles’ demonstration, the tool signs 250 transactions in 45 seconds.

Once the transactions are confirmed and a new block is created on the blockchain, the user can upload their file using the add.bico.media site. After the file is dragged to the screen, money buttons are created, which can be swiped to put each piece of the file on the network.

Then, using bico.media, the user can find their file. The 5MB file that Charles uploaded in his YouTube video can be found here.

The Money Button CEO notes that the BSV blockchain is reserved for high quality images that are worth the cost of uploading, which is an important point to make. The blockchain is immutable, storing files indefinitely, so you want to make sure that whatever you are putting there is worthy of the BSV blockchain, and worth the cost.

It’s still not perfect. Charles admits that the user experience could be friendlier, but considering we’re only a couple of months into the new age of increased OP_RETURN file sizes, the amount of app development seen has been astounding.

Souce: https://coingeek.com/money-button-ceo-how-to-upload-large-files-to-bitcoin-sv-blockchain/
https://bitstagram.bitdb.network/     and    https://www.youtube.com/watch?v=p3vZunqqjFU

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March 22, 2019, 03:03:21 PM
 #165

Good Dispute here

https://www.youtube.com/watch?v=p716-H5Nc2c

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March 22, 2019, 06:25:34 PM
 #166

Dr. Craig Wright on the hypocrisy of anonymity !

Despite what some may believe, Bitcoin was never intended to allow for anonymous cryptocurrency transactions. It was designed to incorporate privacy so that users could maintain better control over their activity, but privacy and anonymity are two totally different concepts. Dr. Craig Wright has addressed the difference between the two in the past and elaborates on the subject in a recent Medium post.

Wright leads off by explaining, “Many of those arguing for anonymity are truly arguing for power and the control of others. If we take into account the criminal violation by certain individuals of controls that are designed to provide privacy, we start to see the hypocrisy in the argument.”

As an example, he refers to a system found on Twitter that allows a computer bot to bypass controls, which is a violation of the Digital Millennium Copyright Act (DMCA). Those systems, while trying to provide more privacy to the individuals behind them, ultimately violate the privacy of others.

Wright offers that free speech is a right given to individuals to “stand in a public place and talk if people will listen,” but not to force them to listen. He adds, “[P]rivacy means that you can exclude people. If we cannot have private spaces where we can exclude other people, then we have nothing. Everyone needs some space where information can be shared with others in private, to discuss secrets, plan, and even set a rate on information. The rate on free speech and privacy allows us to charge people for coming and listening to us and to exclude those who won’t pay the rate. And it is not monetary in all cases. It can be as simple as being polite.”

Comparing Bitcoin to Janus, Wright asserts, “A part of free speech is learning and understanding the art of rhetoric and how you interact with others. I have had many faces and worn many masks. You can say it relates to the genesis of Bitcoin as Janus was the god of beginnings, time, and passages; like with Bitcoin, he looked both to the past and the future. Others get to maintain privacy, whether you create something does not change it. So, people’s need to understand my life is not their right.”

Even on social media sites such as Twitter, free speech is not necessarily granted, nor should it be. There are limits to what can be allowed in a society that has evolved past the apes and “[a]llowing criminal and illegal systems and people who commit hate crime is not free speech…” Those types of activities are an attack on society and have to be controlled – legal doctrine already provides the foundation for the oversight.

Wright adds, “… I am going to be in court this year, and like it or not, I don’t have the choice. I did all I could to hide and suppress information concerning the development of Bitcoin and much more, but in the next 12 to 18 months, there will not be much left in secret about the start of the system. In a way, it saddens me. Trust me, it won’t stop me.”

Source: https://coingeek.com/dr-craig-wright-on-the-hypocrisy-of-anonymity/
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March 24, 2019, 12:53:34 PM
 #167

Crads getting on the table

https://de.scribd.com/document/395082279/Bcash-Suit

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March 25, 2019, 08:45:09 AM
Last edit: March 25, 2019, 12:20:39 PM by jamespastagueule
 #168




What you posted concerns bitcoincash BCH not BSV.

Understand this from 2018-2019:

https://ibb.co/0XPdS1N

To sum up "it appears" that Bitcoin cash (BTC absolutely too maybe) belongs to Asia! The funds come from CiC visibly (sovereign investment fund) and return to the state coffers after all this journey. This is what we must remember from the graph and may be demonstrated, if it happens, it will not be without consequences.

Mr Roger Ver, Mr Sterlin Lujan, Mr Sechet, Mr Chancellor, Mr Cox and the "BTC-BCH partisans" are clearly "maybe" being fooled (hoodwinked), as long as they have shit in their eyes, they won't realize the depth of the fuck received up until the Nanites. It would be desirable for him to join BSV if they want to support what "Bitcoin BSV is created for, the very essence of what will happen", this decision belongs to him. BCH, BTC, without Satoshi Vision has been a waste of time.


Remember that Blockchain tip: When the lie takes the elevator, the truth takes the stairs, it takes longer to get there but it always happens in the end.

I suggest strongly to support BSV Bitcoin Satoshi Vision not BCH, BTC and others vulnerable clone blockchain..... Communicate on your networks and share BSV Vision would be a good start to introduce your world.


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March 25, 2019, 03:40:19 PM
 #169

Dr. Craig Wright on fair trade with Bitcoin SV

Before Bitcoin, the only way to know for sure a contract would be enforced would be to put trust in a third party, like the government and its court systems, or a financial institution, to enforce it. In his latest Medium post, Digital Rights Management: Serialised Media, Dr. Craig Wright explains how this can be done with the Bitcoin protocol, now reborn in Bitcoin SV (BSV), and without a trusted third party.

Wright spells out a situation where two parties are attempting to trade things of value, and that could be anything, ranging from two different cryptos, fiat currency, goods, services, or the digital rights to a property. Demonstrating how this can be achieved using Bitcoin, Wright describes a way it “enables two parties to conduct a fair exchange using separate transactions and no third party, and is both atomic and secure.”

nChain’s chief data scientist gets into some specifics of how the code is implemented in code to work with the BSV blockchain, and provides full details of the hypothetical scenario in the Appendix of his post.

For those who are a little less coding inclined though, the trade described in Table 1 shows how the protocol works beautifully. It all begins when Alice and Bob agree on a transaction, a deadline for it, and trade their public keys.

From there, both Alice and Bob generate a secret, a transaction agreement (the contract), and a stipulation for a refund if the contract doesn’t go to plan. Once they’re both done, they submit those pieces to the blockchain.

From there, it’s simply a matter of completing the contract, or receiving the refund. If the contract times out, Alice and Bob get their refunds. Otherwise, they share their secrets and collect on whatever the contract ensures. One can’t collect on the contract without unlocking the goods for the other, ensuring it’s perfectly fair, without a third party’s intervention,

This type of scheme was originally devised in the Bitcoin Wiki in 2014. Now that Bitcoin has returned to its roots in the form of BSV, it’s ready to take on this type of smart contract, and do it better and with more functionality than rival altcoins.

Source: https://coingeek.com/dr-craig-wright-on-fair-trade-with-bitcoin-sv/

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March 26, 2019, 09:37:54 AM
 #170




What you posted concerns bitcoincash BCH not BSV.

Understand this from 2018-2019:

https://ibb.co/0XPdS1N

To sum up "it appears" that Bitcoin cash (BTC absolutely too maybe) belongs to Asia! The funds come from CiC visibly (sovereign investment fund) and return to the state coffers after all this journey. This is what we must remember from the graph and may be demonstrated, if it happens, it will not be without consequences.

Mr Roger Ver, Mr Sterlin Lujan, Mr Sechet, Mr Chancellor, Mr Cox and the "BTC-BCH partisans" are clearly "maybe" being fooled (hoodwinked), as long as they have shit in their eyes, they won't realize the depth of the fuck received up until the Nanites. It would be desirable for him to join BSV if they want to support what "Bitcoin BSV is created for, the very essence of what will happen", this decision belongs to him. BCH, BTC, without Satoshi Vision has been a waste of time.


Remember that Blockchain tip: When the lie takes the elevator, the truth takes the stairs, it takes longer to get there but it always happens in the end.

I suggest strongly to support BSV Bitcoin Satoshi Vision not BCH, BTC and others vulnerable clone blockchain..... Communicate on your networks and share BSV Vision would be a good start to introduce your world.




This is  a result of ABC who tried (and enforced)  to split the old BCH chain and community but wanted to keep the ticker BCH and forced to move clean and true Bitcoin impl into BSV.

Bitcoin (as defined by the Satoshi White Paper) is not bound to any ticker - so that's a good lessen anyway.



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The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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March 26, 2019, 10:53:17 PM
 #171

This is pathetic, I have witnessed first-hand the countless attacks on twitter crypto community against Craig Wright. People are crazy, it's a shame to see their childish behaviour and total lack of respect. Read Craig Wright's work, the 3/4 of half of these morons parasitic will never understand anything, the other half are bots, but for the others they will move on. I read here the term idocracy seems to correspond to the climate. Instead of being supportive and advancing the research, the guys are out there sucking their dick on the networks and eating their own  shit. Unity is strength and assholes divide it!

People who are criticizing Dr Craig are idiots and don't know what they are saying. Or they are bots! Nobody in their right mind would say anything bad about the founder of the real Satoshi's Vision coin, the true bitcoin. All this trolling can't have anything to do with our great founder claiming to be Satoshi but failing to prove it by moving coins or signing  genesis addresses. It also can't have anything to do with BSV losing value all the time.

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March 26, 2019, 10:55:39 PM
Last edit: April 15, 2019, 03:29:17 PM by mprep
 #172

Many people judge the person but not his ideas, what he makes his strength is undoubtedly his convictions, i like Craig vibes:

Here is an extract from his interesting medium https://medium.com/@craig_10243/the-myth-of-forks-be04f8e5fe4a


The myth of forks

From Craig Wright (Bitcoin SV is the original Bitcoin.)

When I removed myself from public view towards the end of 2010 and 2011, it was as I was rather disillusioned. Bitcoin was designed as a system that allowed for sound private money and would make criminal uses less viable. Between Wikileaks, Anonymous, and a number of dark websites including but not limited to Silk Road, I saw Bitcoin being used in a number of ways that disheartened me.


I had said that I had believed that Bitcoin would be attractive to those with a libertarian point of view, but many who jumped on to Bitcoin are far from libertarian. I’ve detailed the difference between anarchy and libertarian thought many times, and it is Marxist communism that seeks to expunge the state. Bitcoin was never designed to be anti bank or anti government. It is about a sound system that produces an evidence trail and incentivises good behaviour.

In The Sociology of Money (N. Dodd, Cambridge, 1994, xxii-xxviii), the author demonstrates how when the marketability of a good is directly observable by its potential recipients, the more likely it is to evolve as a medium of exchange. It requires a pseudonymous system — not an anonymous one. The people involved need to gain trust in the system through the ability to validate a chain of their own money. That does not mean, as many say, they need to run a node, but rather that they can validate the source of their funds and ensure that it has been paid in a manner that meets expectations.

I utterly failed to comprehend how many so-called anarchists and socialists would run around calling themselves libertarian or capitalist. Much of what I hear being described is not related to the concept of money in the Austrian economic school at all. Most of it comes from authors such as Simmel and his concept of perfect money (see Simmel, G. (2004) The Philosophy of Money. London: Routledge.). Such socialist-inspired and sociological-based flawed concepts of money seem to have propagated throughout what is the SegWit or CoreCoin (BTC) community.

It seems that few in the more anarchist aspects of the community care for or want to understand the law of property in money. The principles of value inform the rules governing tracing, and set the foundation for the law of property of money. The exercise of tracing is a process where the value inherent in one asset is associated with the value in a second asset that is being exchanged for the consideration (see Foskett v McKeown [2001] 1 AC 102, 127 per Lord Millet).

The law of tracing is important to Bitcoin. Many of the issues associated with eCash derived directly from the inability to trace blinded eCash. In Law of Tracing (L.D. Smith, Oxford, 1997), the requirements for money to be traced under law are thoroughly investigated.

We live in a society with law and government. In fact, without law and government, we would not live in society not have society. All of the systems that allow people to run Bitcoin are created because a contractual and legal framework exists that allows for the creation of complex computer systems, global networks, and widespread exchange. In removing law, we remove the systems needed to create complex entities that can allow corporations such as Cisco, Intel, and even Microsoft to exist. Without it, the necessary frameworks allowing Bitcoin to operate are non-existent.

The utopian fallacies of money and society have been propagated for millennia; in The Laws (5.743 d), Plato wrote:

Our society, we pronounce, must have neither gold nor silver, nor yet much making of profits from mechanical crafts, or usury, or raising of sordid beasts, but only such as husbandry yields or permits, and of it only so much as will not force a man in his profit gathering to forget the ends for which possessions exist, that is to say, soul and body. (1961, p 1,328)
The described fallacy is propagated and exponentially expounded through the errors in the understanding of economics promoted by a community I sadly used to be a part of. Abolishing money or making Bitcoin universal will not become the end of all fraud, thefts, crimes of passion, fear, tension, anxiety, and long working hours.


Aquinas promoted the principle of “just pricing,” Ruskin as an advocate of a form of labour money, and the fixed wage, argued in Unto This Last that “the price of everything is to be calculated finally in labour” (1862, p 215). Ruskin unfortunately and extremely adversely affected Gandhi with his Fabian socialist utopian lies leading to the millions of deaths that resulted from the policies of a Utopia that could never exist.

Such then is the myth that seems to propagate in “crypto.” The idea that money alone will abolish the state and create freedom. Not vigilance, not evident work, but rather a utopian ideal as we see with neo-Fabian authors such as Simmel (2004, P 346):

The complete heartlessness of money is reflected in our social culture, which is itself determined by money. Perhaps the power of the socialist ideal is partly a reaction to this. For by declaring war upon this monetary system, socialism seeks to abolish the individual’s isolation in relation to the group as embodied in the form of the purposive association, and at the same time it appeals to all the innermost and enthusiastic sympathies for the group that may lie dormant in the individual.
Such thinking has led to the failure to understand Bitcoin, and the drive to alter it to something it can’t be. Bitcoin is not anonymous, nor should it be. It does not need to be more private outside of the dreams of criminals and anarchists. And it scales, as I originally envisioned, through corporate competition. The system is an ultra small-world graph, and it requires large network connections and the desire of companies seeking profit.

Orphans are a part of the protocol
As nice as Hal Finney was and as much as he was needed at the start of the project, he was absolutely terrible for me. I stopped working at the end of December 2008, and dedicated most of my time to doing research and Bitcoin. In effect, I put about everything I had into it. Heart and soul and, more importantly, money. I’d taken a golden handshake when I left BDO, and I had a massive set of loans taken out on the three properties I owned at the time. One of them was my farm. At the time, my property, which was a combination of a farm, cattle ranch, and orchard, was my sanity and the thing that enabled me to have some downtime.

It was over a decade of my life where I had invested in the orchard and many improvements, and it even planted a small timber crop.

To continue paying the bills in the early days of Bitcoin, I had to end up selling it. By the end of 2010 and the beginning of 2011, I knew that I wouldn’t be able to maintain it — the loan repayments and to keep going without getting another job. There wasn’t an option for venture capital back then. On top of it, I ended up paying over $1 million fighting a tax audit that I would end up winning. After going to the tribunal, I ended up getting more than I had originally claimed, and the tax office tried claiming that I had recklessly underclaimed.

Funny enough, if I’d moved the intellectual property into Australia at the time, I would have been paying much more tax now. So I do have to thank the government for saving me from my own mistakes. I spent my weekends listening to audiobooks and studying as I walked about my farm back then.

Getting to the point where I knew that I had to sell the property in itself was a blow.

What was worse was listening to Hal when he explained over and over how Bitcoin wouldn’t work. He was a far better coder than I was, and had been involved in the industry much longer. I believed in my idea, but always thought that he was focused on a different goal.

Hal was similar to people such as Wei who sought a completely different system. They looked at building systems without government and without corporations. When I talk about libertarian values, I had never once thought of the anarchist side of it. In fact, it is a socialist means of attacking capitalism, and I never considered that people who call themselves libertarians would be so deluded.

Then I should have, I was involved with all of such people in the 90s.

I always saw how things would end up in data centres. It is part of the design. Bitcoin is about competitive corporations securing the network. It is not decentralisation for the sake of it, nor is it the creation of a system that removes all government and corporations. Such a utopian perspective, as I have discussed earlier in this article, is rather delusional.

I still miss my farm.

It may be that I could buy it back now or even have another one here in England, but I know it might not be the case for many many years. To complete what I started, it is going to require many hundreds of plus-hour weeks.

Hal kept talking about second-layer systems. I never really equated the push that we still see now to try and make a democratised system of nodes distributed throughout the globe as I knew it was about a small-world network. I didn’t realise that Hal was seeking more nodes and not more edges.

I should have explained it far better, but then I also think that if I’d done so at the beginning, people such as Hal would not have been there. I don’t think Bitcoin is what he wanted.

A part of the problem was that there was no value in bitcoin back then. The security model of Bitcoin is economic, and the cost of running a node was something that I understood and that I think many people did. Nodes are miners, and such is how they make money. There is no such thing as a validating node. Validation is done through the creation of blocks.

I saw the network fragmenting and people starting to create sidechains and alternatives that took power away from Bitcoin. The problem here is that the security model of Bitcoin is an all-or-nothing zero-sum game.

What people fail to understand is that Bitcoin is designed as a commercial system.

True, when it first came out, it was an Alpha product, and the code standard was limited. I am not the coding God that people make me out to be, and there was a lot of work in getting it where it had to be just to launch. More, it didn’t even work at first. Bear and Hal acted freely, and gave a lot of advice, and basically fixed a lot of the shit that I had left. I act on a high level these days — Steve and the team wouldn’t let me near live code again, and I’m not saying it’s a bad thing. It’s the curse of being a generalist rather than a specialist.

Nodes need orphans. There is nothing to solve here.

Orphans are an economic signalling technique in Bitcoin. One of the reasons the block cap was put in place is that I did not have a clue on how we could have a floating limit work at the time. The problem was that the solutions all required monetary value.

Even orphaning blocks (as a signalling method) requires value to be of use. If you’re merely losing a reward of 50 bitcoin when bitcoin is not even worth a fraction of a cent, the incentives do not exist to think about the network, the connectivity of your node, or any of the other aspects of Bitcoin that people seem to ignore. This is the point; Bitcoin mining is not about finding a block, it is about ensuring that all other mining nodes know that you have found a block and that it is valid.

Once the network is large, there is an incentive for nodes to watch the validation times and propagation rates of blocks across the network. Once this occurs, they can start monitoring the time of discovery versus the time of propagation for blocks and then set limits on what they will produce versus what they will build on.

A block limit should be an economic function. More importantly, it is more about the inclusion of any transaction that you can take with any amount of fees. Where a miner starts to see orphans occur, they know that in losing the blocks they are losing rewards.

Bitcoin was designed with a two-week limit on difficulty for this reason.

Every 2016 blocks, Bitcoin was designed to reset its difficulty such that the system maintained itself in a fluctuating zero-sum game. It is a multi-leader Stackelberg game. But more importantly, the block reward is a zero-sum game meaning that orphans are not included in the two-week total. For the total supply, the two-week average creation rate will stay at 2016 block subsidies. If there are 1 million orphans, there will still be 2016 blocks discovered. Yes, I am exaggerating there a little, but the point is that extra blocks skew the reward towards better connected networks. Not home systems, but large well connected data farms that act to ensure that they are incredibly well connected.

The way it works is that if you have three nodes (yes, I know that such is not the case, nor shall it be) for our toy model of Bitcoin and each has equal hash power, then the better connected node wins more blocks. Imagine two of the three nodes have 10 times the bandwidth of the other. What will occur is that more transactions will be able to be taken and processed by the two miners than by the third on the more limited network. A part of the problem here stems from the block subsidy. People using it as the value of bitcoin and not as an incentive to build the network as it was intended.

We will assume that a 1GB block can be propagated from the first two nodes without too much problem and that it takes a large amount of time which effectively reduces the comparative hash rate of the third node. If we take block propagation of the 1GB block to take one minute on average (which is excessive but designed to make my point) for the two faster nodes, then each will lose 10% the hash rate equally. That is, some will gain a benefit and some will lose but at equal rate. Conversely, our slow node will lose around 65–70% of its effective hash rate.

Instead of an expected daily return of 48 blocks, the slow node will now expect to earn from a mere reap of 16 blocks with the other faster nodes each getting paid from additional 16 blocks in total reward. This is a significant differential, and will lead to a scenario where the slow system either goes bankrupt or updates its network. If it was to update its network, the equivalent hash rate between the systems would again equalise. Conversely, if the system went bankrupt, we would expect other players to come into the market due to the large increased profit margins of the remaining players.

On the other hand, if the two nodes can only handle blocks up to 100MB, the node creating 1GB blocks will end up losing an effective 50% of its hash power. This means that it would expect to earn only 24 of the 48 blocks that it is finding each day. The fast node will benefit by slowing down a little, maybe to 300 MB. Doing so will still give it an advantage and yet stop the losses from having the main impact.

Most importantly, as the block subsidies start to disappear, more and more of the profit-earning capability of a node will need to be derived from transactions. To do so, a node will want to build more and more transactions into a block. The issue now becomes one of paid versus unpaid transactions and of a rate per transaction.

There is no need to create an artificial fee market.

The socialist fools of Core who are running SegWitCoin (BTC) don’t understand that markets don’t need their help. They seem to believe that they need to be the socialist planner saving the Utopia that they wish to create. It is the irony of them calling themselves libertarian.

Orphans are the signaling method that allows organizations to control the rate of discovery and the rate of loss in a manner that lets them know when they need to upgrade their network and also to control the fee level that they will take. There should always be a certain number of free transactions in every block. Fees should be driven to a point that is as low as possible, and through capitalist competition should be driven so low that inefficient nodes are bankrupted and removed.

Subsidising home users remove the security of Bitcoin, and allow it to be easily attacked. Bitcoin becomes secure because a large number of competing organisations fight for the right to take your transaction.

There is nothing to fix in orphans. They are a critical part of the design of Bitcoin.

On failure
Bitcoin didn’t fail, but other parts of my life did. I used to own horses. When I sold my property, I had to sell them too. A horse that I had had for a decade, a mean grumpy thing like me. I had to give him away. It broke my heart.

Say what you want, that it was only an animal, but I interacted with them more than I did with many people. Outside of Dave and my property, I had a very isolated life. At one point, I was doing four post-graduate degrees simultaneously, and I was working. The period includes my master’s degree in law and a master’s degree in statistics. I needed such information to complete Bitcoin, but at the same time, it left me isolated. I had work, my farm, and one really good friend — Dave.

Dave started getting sick in 2011, and I knew that I had to give up my farm.

I did isolated forensic jobs, and did work for a number of casinos and sports betting sites such as Centerbet to try and keep some money coming in, but the first thing I needed to do was actually prove that Bitcoin worked.

It was the nature of what I did with Panopticrypt between 2011 and 2013. Nothing that I could commercialise and make money out of, just rule research so I would know that I hadn’t wasted my life completely.

I spent millions testing alternatives. I needed to be certain I was correct. That the system worked as a commercial solution and also that something like a home-user version (as the BTC Core group, Hal, and many others want and wanted) was not valid. Or, at least that if it was, it would not end as a crime coin. I worked to create a mainstream system, and making an anonymous coin would have simply ended me.

I worked out how systems such as Monero, Zcash, and for that matter any anonymous blockchain could be infiltrated and stopped.

They needed to work with a large number of organizations and some quite unsavory characters to do so. I’m not talking about the honest licensed gaming companies and other types that used Liberty Reserve. This was a part of the problem. Dave had been storing all the money we used in accounts attached to Liberty Reserve. It’s not as much of a problem for me as it was for him because gambling laws in the US preclude sports betting in any form whereas it is legal in Australia.

Dave and I worked with law enforcement and others for a long time. Dave took opiates, because his condition left him in constant pain. But more importantly, contacts of his told him about the impending takedown of Liberty Reserve eight weeks before it occurred. He was left with the problem of knowing that if he moved his funds, it would be tracked. Effectively, to do so would have ended his career.

Rock, hard place.

Frying pan, fire.

If David had talked to me about his problems with money, I would have helped. When it comes to work, I’m rather excessive and focused. My wife will tell you so, I hyperfocus, and the world moves around me, and I do what needs to be done. It is how we have gotten to completing over a thousand white papers and how I had 20 academic papers accepted for publication in the last two months. I can’t say it’s good, it takes a toll in anyone’s life, but you could say I’m driven.

Towards the end of 2010, many people sought to start making alternative systems, sidechains, and more. What people will start to realise is that Bitcoin only works as a single solitary chain. It will never be more than it is now, and eventually people will give up, and it will collapse unless it is one. I looked at proposals from people looking to do alternative blockchains, and tried to come up with solutions that allowed alternative chains to exist without splitting CPU power.

Where we are with the Metanet now has come about following another decade of research. I did not have a clue about how to do it until last year. What you’ve seen is the equivalent of the Internet circa 1991. We have a lot more coming, it is just not public quite yet. What people are seeing as development in BSV is nothing compared to what is about be released.

I wanted to bring my inventions back into Australia, but I also needed to do so without shooting myself in the head. I wanted to remain as secret as I could and also repatriate funds to Australia. I was still doing a lot of contract work with government, and even acted as a prosecution expert, and conducted judge prosecutor training.

I had spoken at many conferences where even in 2010 I had started trying to teach people in government and law enforcement about the benefits of Bitcoin, how it mitigated the problems of most forms of money today and allowed them to actually trace money better than they had ever dreamed when it came to crime.

Then Wikileaks, then dark websites…

Everything I built Bitcoin to be seemed to be falling apart at that stage.

I wanted to have a means to be open with government, but could not find one. I spent a year studying distributed botnets, not just the common knowledge — I had gone about as deep as you could expect anyone anywhere to go, and then some. In many ways, botnet territories mirror mining nodes within Bitcoin. I had actually based some of the design on learnings following work I’d been involved with concerning fast flux networks and distributed command-and-control servers.

There is nothing to fix in orphans. They are a critical part of the design of Bitcoin.

I always believed that if Bitcoin would eventually scale enough for my ideas to have a chance to succeed, nothing could stop it. I was also afraid that it wouldn’t make it to the stage it needed to reach to continue to grow. If I had been able to at the time, I would have patented everything to do with Bitcoin. Unfortunately, there was no way possible that I could see that would have allowed me to do so. Satoshi, the issuer of a monetary system, can be close to anonymous, though even then I wasn’t, but you cannot file an intellectual-property claim using a pseudonym.

So it was a choice at the time.

More importantly, it was also of monetary reason. Filing patents globally is incredibly expensive. My guess is that each patent is costing us between $25K and $70K, and right now we are approaching a total of 700 that have been processed. You can do the maths.

Likely, nobody really understood what the hell we were trying to talk about. SPV is something I’ve been arguing about for years now and everyone’s ignored. Likely they have because I was trying to spark someone into understanding it, but they haven’t understood it, which means we’ve been able to file patents on how it is actually achieved. It’ll be out later in the year.

It is going to be painful for someone to discover how simple it really is, and more importantly, it is absolutely critical for the scaling of the network. Other people’s loss.

When I wrote that Bitcoin was set in stone, I was referring to a protocol that can do about everything and will result in massive damage to the network when split. More importantly, the concept of splitting a digital currency is really scammy. There are no splits, there is a demerger process when all nodes agree, and where they don’t, there is the original protocol.

The creation of a protocol change is the creation of a completely new cryptocurrency.

You can airdrop all you like, except it is covered under existing law. Bitcoin remains the original currency that was formed in 2009, and the new currency is created alongside it. There is no democratic voting within money.


Gold was valuable when it was used as a global form of exchange. It was not valuable because gold was different in different countries nor because different governments exchanged at different rates, it was valuable as it allowed a universal measurement of value. Even when individual governments debased the currency, gold was valuable as it allowed measurement of the debasement. And that’s important; looking across global trade and global exchange, we want a system of value that can report on debasements and allow us to see the value of our money in any location as it is spent in the location. To do so, we need a stable base currency.

Miners can choose to reject blocks such as of those that have more transactions than they’re willing to build upon. They can choose to risk being orphaned and to orphan others. It is a part of how Bitcoin works. What is not a part of the system is the addition of new opcodes and the radical changing and alteration of the signature system such as with the removal of signatures in SegWit.

All of the divisive and socialist bull about money is at the heart of the attack on miners, but then, with the push towards proof of stake (aka proof of illegal security), we see that most of such myths are nothing but an attempt to create a system that allows for illegal bucket shops, criminal activity, and more importantly, pyramid and Ponzi schemes designed to allow one to facilitate the creation of ICOs which are merely a new form of stealing money. Rather, I should say they are an old form of stealing money with a new label, for none of it is new, and USENET scams existed way way back.

There are no forks
To put it simply, there are no forks in Bitcoin. The radical alteration of the base protocol by BTC in 2017 was not an alteration to Bitcoin. It was the creation of a completely new system that simply copied the existing coin holders and ledger and modified the system.

Bitcoin is not a consensus system based on democratic voting.

Bitcoin does not democratize shareholding. Shares have been de-materialised for a long time. Electronic trading is nothing new. Being able to create shares outside of a registered body is an old fraud, and it has been going on since the 1960s.

There are absolutely no benefits to society in having many blockchains. First, there are no such things as special-purpose blockchains in the same way that there is no such thing as a special-purpose Internet. You have a general-purpose system that does everything, or you have nothing of value. More importantly, the system security is incredibly low unless it congeals into a single unit and stays that way.

Bitcoin can be used for tokens. It is nothing new.

When you have an equity or share that is created across multiple ledgers, you no longer have a ledger with any value. If you split and make a copy of a blockchain, then you have the original share held on the ledger, and you have a sham copy of the same on another one. As an example, if we have bitcoin with tokenised gold issued and someone creates a new copy of a blockchain using the original bitcoin ledger, then we do not gain any further gold. You also cannot now distribute the same gold between two sets of blockchains.

The entire creation of the concept of splits is simply a form of fooling those who have no idea about Bitcoin into believing that you can change the protocol and still have a monetary system that works.

They are attempting simply to take the network effect of Bitcoin and steal it into their experiment. Luckily, we have enough capital now to be able to patent my ideas. Bitcoin, every blockchain that could possibly ever compete with it, and every other distributed ledger technology compete, and only one will win. None of that phases me because I’m about two decades ahead of the market, I’m very happy to be here, and I don’t really care if you wish to ignore me because you don’t cost me money.

There is value in being able to withhold information. Information is a commodity. This is the core of the heart of Bitcoin. I have information of value and others wanted. Information is property, and I choose how I distribute my property.

One of the worst things within the cryptocurrency space is the community. The toxic rabble that you like to call crypto as a community scares off business and adoption. Do I want followers? No. Do I need followers? No.

I have more intellectual property patented than any bank, any large vendor, and in fact more than even China combined. Very simply, we hit the filing of just under 700 this month, and that alone is only the ones that you will see for now. Unlike most organisations, we hide the publication of our patents as long as possible. It still gives us the priority date, and ensures that no one catches on to what we are doing before it is too late — and we will have moved on to the next 20 projects.

With just under 1200 white papers that in time will lead to around 10,000 global patent filings, I really don’t give a shit whether you like what I’m doing. But you are going to have to pay attention whether you like it or not.

The mis-focused attempt to abolish banking and modern finance through Proudhon and turn it into crypto anarchism in the seeking of equality through the abolition of monetary systems with the concept that “Money hides itself — we must dispense with it;” “Let all merchandise become current money, and abolish the royalty of gold” (Proudhon, 1927: 46) is a canker on the ass of society. What is even worse is the neo-utopian revitalisation of the flawed ideas of More (1516) with the mislaid attempt to radically transform money in a false belief that a redesign of the price system will somehow by itself improve economic conditions and global equality.

It is not technically feasible to accomplish what is conceptually correct, namely to transform the money function into a pure token money, and to detach it completely from every substantial value that limits the quantity of money, even though the actual money suggests that this will be the final outcome. (Simmel, 2004, p165)
Bitcoin doesn’t create equality, no blockchain does. The existence of a sound commodity money based on principles of supply and demand does not mean you become richer, and it does not mean that local currencies alter in form. It does mean that they compete, and it requires far more than simply having Bitcoin as a HODL platform, in other words a pyramid scheme or Ponzi.

Bitcoin is a system of work. In proof of work, it is fairly much a Protestant work ethic digitised and exchanged online.

What Bitcoin adds is efficiency. It does not democratize shareholding, and nor should it. Like it or not, people can issue shares in companies, and governments can control them however they want. Regulations are designed to protect investors. The interesting thing is that investors seek capital that is better protected. There is a premium placed on investing on the New York Stock Exchange over the Delaware exchange. The reason is simple: investor’s confidence.

With global corporations, a company in California can seek to raise money through the issue of shares on a stock market in Panama today. With de-materialisation, the electronic trading and payment are quick and simple. For the consumer, existing broker systems are actually more attractive than any digital token right now. It is not the consumer that is seeking the technology.

One party to the problem is the capital raiser seeking to gain a benefit without going through the necessary consumer protections. Right now, there are many ways of raising money from sophisticated investors. Such is the real issue with ICOs and the fraud propagated in selling them as democratising finance. They are democratising nothing; they are doing the same scams that we saw with pink sheets and USENET tokens over the previous decades ending in the last century.

All of them are seeking to raise money based on the token itself. They are not selling the benefits of the company, rather they are seeking to create a pyramid scheme where they sell the concept of a token that will naturally increase in price because everyone wants it. A monetised and marketed greater fool scheme. The worst of them are scams such as Ripple and XRP that offer nothing new to the market, but sell a false promise of a blockchain implementation without a blockchain.

The promise of Bitcoin and blockchain is linked to the immutable ledger. It comes when there is one set of books. If an organisation can have multiple sets of books, they can easily commit fraud. If they have multiple blockchains, they can easily commit fraud. As soon as you can start moving between Bitcoin and some sidechain or alternate chain, you have the ability to construct elaborate schemes such as those run by Bernie Madoff and Enron. With Bitcoin, vigilance is still necessary, but it is possible to construct a fully auditable system that allows for a single immutable record stream making fraud more difficult. Not impossible, but more difficult.

References:
Dodd, N. (1994): The Sociology of Money. Cambridge: Polity.
More, T. (1516): Utopia.
Plato (1961): The Collected Dialogues of Plato, ed. E. Hamilton and H. Cairns. Princeton, NJ: Princeton University Press.
Proudhon, J.-F. (1927): Proudhon’s Solution of the Social Problem. New York: Vanguard Press.
Ruskin, J. (1862): Unto This Last (Cornhill Magazine).
Simmel, G. (2004): The Philosophy of Money. London: Routledge.
Smith, L.D. (1997): The Law of Tracing. Oxford.



New financial service for the BitcoinSV ecosystem.

Now you can use BitcoinSV as collateral to get anonymous instant loans in Bitcoin, Ether or Stable Coins (TetherUSD, TrueUSD and USDC).

This service provides a lot of opportunites of BitcoinSV holders in terms of future contracts, management of portfolio, etc.




I remember that the Asian market had been ejected before the generalized ATH in November 20017 and especially there were not even 20 exchanges at the time referenced on CMC let alone the 2200 cryptos as currently on the market... very easy to get BTC off the ground at 19000€ under these conditions. Then came the flooding of crypto shitcoin in extra numbers created under Ethereum and then the 98% Token ICOs are actually inactive projects and are clearly scams. The next generation of shitcoin creation is over-multipled thanks to eos, eth, rvn, neo etc.... Now all these crypto are potentially "illegal" in violation of Craig Wright's patents it is the bitcoin with Satoshi's Vision (and Metanet to come) that is not considered as crypto currency at the base led by Nchain Holding and one of its founders Dr. Craig Wright specialist in economic law and judicial informatics.... This is the guy who is criticized because he claims to be the founder of bitcoin btc and has indicated that he will prove it in due course, that said, his ideas are not criticized and his shared knowledge is immense here is an overview: https://medium.com/@craig_10243
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March 27, 2019, 10:38:17 AM
 #173


276 petahash / second (PH/s) will be added to the Bitcoin Satoshi Vision BSV network via a company 100% owned by Mr Ayre for BSV.

Source: https://coingeek.com/squire-announces-definitive-agreement-for-first-step-of-coingeek-blockchain-cloud-computing-transaction/

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March 27, 2019, 01:26:09 PM
Last edit: April 15, 2019, 03:29:32 PM by mprep
 #174

The White Company's White Wallet is the first wallet that allows crypto coin holders to use Bitcoin Satoshi Vision BSV for their purchases on Amazon, Uber, Steam and iTunes. The white portfolio also allows cash withdrawals, Visa and MasterCard prepaid cards in 10 currencies (CAD, JPY, CNY, AUD, HKD, BRL and INR, in addition to the USD, EUR and GBP previously supported).

Elizabeth White, founder and CEO of The White Company, added: "The White Company has always focused on the possibility of using cryptocurrency in the real world, and this is a major step towards mass adoption. From now on, our customers will be able to use their cryptocurrency effectively at merchants around the world such as Amazon, Apple, Uber, as well as at retailers with Visa and MasterCard prepaid cards. White Wallet can now become a global portfolio for crypto holders who can use it to buy almost anything, anywhere.

http://www.thewhitecompanyus.com/







Do you like Poker game with BSV? 100bits offered for fun, withdrawal from 0.00100000 BSV (= $ 5cents)

https://blockchain.poker/




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March 29, 2019, 06:45:17 AM
 #175

This is pathetic, I have witnessed first-hand the countless attacks on twitter crypto community against Craig Wright. People are crazy, it's a shame to see their childish behaviour and total lack of respect. Read Craig Wright's work, the 3/4 of half of these morons parasitic will never understand anything, the other half are bots, but for the others they will move on. I read here the term idocracy seems to correspond to the climate. Instead of being supportive and advancing the research, the guys are out there sucking their dick on the networks and eating their own  shit. Unity is strength and assholes divide it!

People who are criticizing Dr Craig are idiots and don't know what they are saying. Or they are bots! Nobody in their right mind would say anything bad about the founder of the real Satoshi's Vision coin, the true bitcoin. All this trolling can't have anything to do with our great founder claiming to be Satoshi but failing to prove it by moving coins or signing  genesis addresses. It also can't have anything to do with BSV losing value all the time.

Ppl who can ONLY talk about ppl i.o. to destroy a thing are not worth listening.  Discuss about things in constructive ways about its Facts - that helps. Never ever go after ppl - that shows how ur mind works. 

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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March 29, 2019, 10:31:35 AM
Last edit: June 14, 2019, 02:44:05 AM by Bitcoin SV
 #176

The Bitcoin Vision: Episode 14
https://coingeek.com/the-bitcoin-vision-episode-14-video
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March 29, 2019, 12:33:52 PM
 #177

Bitcoin SV keeps seeing bigger blocks, now reaching 113MB

The Bitcoin SV (BSV) blockchain is providing exciting news every day. Block sizes are getting bigger, and more consistently so. Today, the flagbearer of Satoshi’s Vision brings more big blocks, including the biggest one yet.

At 11:35pm UTC on March 28, a 113MB block was mined by CoinGeek mining. That makes the biggest block sustained and mined outside of testing yet, and is another testament to the power of BSV.

Just the previous day, on March 27, BSV had seen its previous two biggest blocks mined in the wild, at 56MB and 51MB in size. In the time in-between these record setting achievements, there’s also been a spree of consistently big blocks. Between 6:45pm and 8:31pm, the blockchain saw several big blocks mined, ranging in size from 22MB to 57MB. That makes for 9 blocks over 20MB in two days’ time.

Not to beat a dead horse, but this continues to prove that with unlimited scaling, BSV has chosen the path that will lead to the most adoption, and the most possibilities for app developers. Any one of these big blocks would have choked another blockchain for hours with their transactions, but BSV was able to handle the quickly, efficiently, and at low cost.

The transaction fees in these blocks are worth considering as well. This new 113MB block represented 1,250 transactions, and thus the fees that come with them. Each fee is of course minimal on its own, but they quickly add up and make a tidy profit for a miner. New block rewards will eventually be supplanted by transaction fees as their source of income, and BSV provides the most profitable path forward for this new economic model.

This is of course possible because of the massive adoption by developers. Bitstagram and Bitpaste have provided real uses for end users, allowing them to save important files and images to the blockchain for reasonable fees. The introduction of Unwriter’s Bottle BSV blockchain ( https://coingeek.com/unwriter-announces-bottle-a-bitcoin-browser/ ) browser provides a new way forward for the world to browse these types of files as well, allowing users to browse the end product.

These big blocks are coming at the perfect time to be celebrated at the upcoming CoinGeek Toronto conference. The focus will be on celebrating the achievements and looking at the potential of the Bitcoin SV blockchain. If this all sounds exciting to you, go on and register to attend, and save yourself some money on tickets by using BitcoinSV via Coingate.

sourcing: https://coingeek.com/bitcoin-sv-keeps-seeing-bigger-blocks-now-reaching-113mb/  - 

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March 31, 2019, 07:03:49 AM
Last edit: April 15, 2019, 03:29:45 PM by mprep
 #178


Bitcoin SV mines first ever 128MB block, proving Satoshi’s Vision !

The Bitcoin SV (BSV) has targeted scaling massively, with the faith that if you provide the world an unlimited block size, developers and users will find a way to create new possibilities. This faith is already confirmed, as the BSV blockchain has now mined its biggest block yet: 128MB.

The momentous occasion came at 12:36 a.m. UTC On March 30, when a 128MB block was confirmed by nChain’s BMG mining pool. The block held 1,440 transactions, and could very well be the record for a while, as it’s the current block cap for the BSV blockchain.

This beat the previous record, set less than an hour earlier, of 124MB. That block was also mined by nChain’s BMG mining pool.

These aren’t isolated incidents either; BSV has seen its block size growing pretty consistently. It hit new records on March 27 with two blocks over 50MB. It then smashed those records with a 113MB block on March 28.

This is once again confirmation that BSV has vindicated Satoshi’s original vision of massive scaling. By giving the world more possibilities, businesses and users have met the challenge and used increased block sizes to their full potential.

Important figures in the Bitcoin world have celebrated this momentous occasion on Twitter. Bitcoin Association Founding President Jimmy Nguyen commented “We now live in the era of 128MB blocks.”

Since the block cap has been reached, the next step will be to scale even more. The Bitcoin Association has previously stated the goal is to scale to 1GB in the near future, and it looks like that bigger block size will come in handy as the Bitcoin community continues to find new ways to fill those blocks.

There can be little doubt that they will, either. It’s only been a few months since Bitcoin was reborn as Bitcoin SV, and since it started down its path of unlimited scaling, protocol stability, and professionalization, so many businesses and applications have developed and found adoption. Exchanges have come on board, wallets have signed up, and new payment options have adopted BSV. And that’s just talking about the ways BSV can be used as the world’s new money.

Let’s not forget the new ways BSV has unleashed the blockchain as the world’s data network. With the increase of OP_RETURN, apps like Bitstagram and Bitpaste are now possible. Looking to a future where BSV is the place we turn to for data, we also now have Bottle, the BSV blockchain browser, a dedicated way to pull up files saved to the blockchain.

There’s no better time to celebrate the achievements of the BSV blockchain. If you’re looking to mark the occasion, why not check out the upcoming CoinGeek Toronto conference. Like Calvin Ayre noted, this scaling conference will have the top minds of the BSV world, and will celebrate the scaling achievements we’ve already seen. If you want to be a part of it register to attend, and show your appreciation of BSV and save a few bucks by using BitcoinSV via Coingate.

News sourcing from https://coingeek.com/bitcoin-sv-mines-first-ever-128mb-block-proving-satoshis-vision/





Bitcoin direction in explanation video By Founding President of the Bitcoin Association and nChain’s Jimmy Nguyen

For the first episode of The Bitcoin Vision, Founding President of the Bitcoin Association and nChain’s Jimmy Nguyen, comes to you from Seoul, South Korea, one of the hotbeds of cryptocurrency and blockchain in the world. Seoul is the perfect place to talk about Bitcoin SV (BSV)—the rebirth of the original Bitcoin. The Bitcoin Vision: Episode 1 https://www.youtube.com/watch?v=HwDeFaINI_A

Founding President of the Bitcoin Association and nChain's Jimmy Nguyen provides updates on Bitcoin Satoshi Vision scaling test results, OP_RETURN, no limits on data size, and Dr. Craig Wright's vision on putting IP on blockchain. With Bitcoin SV being the only coin staying true to the Satoshi Nakamoto white paper, it is fitting that we bring the updates from Yokohama City, Japan.  The Bitcoin Vision: Episode 2 https://www.youtube.com/watch?v=iUGCGhfhh40

Be bringing updates on the results of the latest Bitcoin SV Scaling Test Network (STN), giant OP_RETURN data sizes, whatsonchain.com, Cryptofights, and Metanet from Melbourne, Australia. Melbourne is the host of Pause Fest 2019, the world's leading creativity-infused business event.  The Bitcoin Vision: Episode 3 
https://www.youtube.com/watch?v=WmJ77Ebez3k

Brings updates on the rebranding of the Bitcoin Association, Bitcoin SV V0.1.1 release, Wallet Workshop, EDI to BDI, and the latest installment of 'The Wright Vision. The Bitcoin Vision: Episode 4 https://www.youtube.com/watch?v=Cfg6rQaHn0s

Episode brings us new updates in the ecosystem as BSV finally unleashes the true power of Bitcoin's original design, protocol and Satoshi Vision The Bitcoin Vision: Episode 5 https://www.youtube.com/watch?v=smcKo62UFiA

Bitcoin SV ecosystem which include the scaling developments from the Bitcoin SV Node team, Bitgraph, Python BSV Wallet SDK, Dev. Documentation Series, and the new Wright Vision from nChain Chief Scientist Dr. Craig Wright.  The Bitcoin Vision: Episode 6 https://www.youtube.com/watch?v=FKSALIY-Rao

Bitcoin Association Founding President Jimmy Nguyen takes us into his home to give the latest developments in the Bitcoin SV space which includes Easysign, Cryptartica, BSV Information Tools, Metalens, and Play Bitcoin SV.  The Bitcoin Vision: Episode 7 https://www.youtube.com/watch?v=wrnQDsytTH8


FULL PLAYLISTS on https://www.youtube.com/channel/UCp6db-jgWGe5Ws35bRbI6Ig/playlists


human8ty
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March 31, 2019, 10:21:52 AM
Last edit: April 15, 2019, 03:30:02 PM by mprep
 #179

With https://www.easysign.io Put your data on the blockchain Bitcoin Satoshi Vision for life and after your life, and after the life of your rear great, great, great grandchildren !

Data from https://www.easysign.io/


HOW IT WORKS?

Download any document you want to sign. The document is not actually downloaded to our servers, but we compute a cryptographic hash of the document. Your data is always private and we do not have access to the content *.

Sign
Add a message, your e-mail address and / or your name to the signature of the document and sign the document. We then create an OP_RETURN for the Bitcoin SV blockchain that you can sign with Money Button.

Pay
Swipe the Money Button widget and pay to send your proof to the blockchain. This ensures that the document has been loaded and signed with Easy Sign.

VERIFICATION
Download any document you want to check. The document is not actually downloaded to our servers, but we compute a cryptographic hash of the document. Your data is always private and we do not have access to the content *.

Check
Complete cryptographic evidence that the document has been downloaded and signed will be displayed. We will also create a link to a bitcoin blockchain browser where you can check the cryptographic path yourself.

Share
[Available soon] Share the results with a special person or download a report of the evidence.

* = We encrypt all the metadata we store in the blockchain using the hash of the document. You must either know the hash of the document or have the document to access the data.
EXAMPLES OF USE
What can I use for Easy Sign?
 
timestamp
Timestamping of your files

 
Protect work
Protect your creative work

 
Proof of possession
Proof that you have the record in possession






https://chrome.google.com/webstore/detail/metalens-extension/odoinflckdonpofihlicjjknlgnhhaem

MetaLens update Release !

MetaLens is the comment section of the Metanet.
The Comment Section of the Metanet. Metalense allows anyone to comment on any url. The comments are stored on the Bitcoin SV blockchain. All comments are funded by a public faucet, so you don't need BSV or even a wallet to participate.



jamespastagueule
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March 31, 2019, 12:10:54 PM
 #180

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