https://unboundedcapital.com/blog/why-we-think-craig-wright-is-satoshi-and-why-that-mattersWhat are your thoughts?
Incase you weren't paying attention....
https://www.courtlistener.com/recap/gov.uscourts.flsd.521536/gov.uscourts.flsd.521536.376.0_1.pdfJoin the discussion over at
https://twetch.app In my opinion it does not even matter that CSW is Satoshi because of the innovation on Bitcoin SV.
Because Craig Wright doesn't matter one bit in a PERMISSIONLESS OPEN FINANCE SYSTEM
Bitcoin SV (BSV) has returned to Bitcoin's original design with a hard fork called Genesis, expected to release on 4th February 2020. ... It restores Bitcoin's original protocol unlike Bitcoin Core for BTC and the Bitcoin ABC for BCH who “changed Satoshi's design and refused to massively scale”.
In addition to Genesis, Teranode is what most people should watch out for
CoinGeek announces it will partner with nChain, the blockchain research & development firm, on the Teranode project to create an enterprise-class full node implementation for Bitcoin (BCH-SV). nChain announced Teranode at the May 2018 CoinGeek conference in Hong Kong, and CoinGeek will now provide additional funding and business support for the project. Teranode takes the original Satoshi Vision to the next level. It will enable the true Bitcoin, now represented by BCH-SV (Bitcoin SV), to massively scale to terabyte (1 million megabyte) size blocks, 7 million transactions per second, and global enterprise usage.
CoinGeek and nChain believe terabyte-size blocks are viable and necessary for the Bitcoin BCH-SV blockchain to become the global public ledger of the future. A single terabyte block (added every 10 minutes) can contain about 4 billion Bitcoin transactions, and provide capacity of 7 million transactions per second. The scale of a network with 1 TB blocks would be immense, and enable BCH to power not just monetary transactions but token, smart contract, enterprise application, and machine-to-machine data transactions of many types.
Teranode is the next evolution of Bitcoin SV, the new full node implementation for Bitcoin Cash (BCH). Bitcoin SV is currently competing with Bitcoin ABC in a miners hash vote to become the ruleset for BCH. Developed by nChain at CoinGeek Mining's request and owned by the Antigua-based bComm Association, Bitcoin SV seeks to fulfil the original Satoshi Vision for Bitcoin. It will restore the original Bitcoin protocol, keep it stable and allow it to massively scale. This path is critical to give major enterprises confidence to build their projects on top of the Bitcoin BCH-SV blockchain. Having Teranode planned for the future is another reason why miners and businesses should now choose Bitcoin SV.
Teranode is unique because it will not be a monolithic 'one size fits all' implementation. Instead, the project separates four core functions into a modular microservices architecture approach - making a separate Business (RPC) Layer, Network (P2P) Layer, Process Layer and Storage Layer. This microservices architecture allows a business to customize for its needs, and provides several advantages:
Each component may have multiple implementations that can be easily swapped out for a particular company and its industry needs.
Components can be written using different computing languages, tools and hardware that are best suited to their particular purpose, rather than having to make a single choice for the entire node.
It enables massive on-chain scaling capability. A network aware interface like zeroMQ means components can, but do not necessarily need to run on the same machines. As scaling requirements grow, the components can be further broken down and clusterized to match any foreseeable load requirement.
In addition, the Teranode project will seek to solve a technical issue that arises with a massively scaled Bitcoin network with TB size blocks: how to optimize the unspent transaction output (UTXO) database maintained by nodes to prevent double-spending of Bitcoins. Determining the correct amount of coins associated with each output is an essential set in the validation of a new block. With massive transaction volume possible in 1TB blocks, the UTXO database would also grow immensely. Teranode will seek to deliver a microservice API and software implementations that can support the throughput required for gigabyte (1000 MB) and then TB size blocks.
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Reasons to be bullish about BitcoinSV
$BSV
- Government compliant
- Aims to work with existing establishments
- Closest protocol to the Original Bitcoin
- Scales
- Apps can be built on top of it
- Videos and images, on chain forever
- Actually utilized
- Works within law
https://www.bsvdevs.com/An article of Favorite Apps on the BSV Chain that work NOW and TODAY:
https://bryandaugherty.net/my-favorite-metanet-applications-tools-and-ways-to-earn-use-bitcoin/https://twetch.app is an example of on-chain scaling at $BSV. Not on $BTC. Imagine an ad free environment in Apps. The power of pre-payments also shifts to the buyer instead of the vendor simultaneously lowering costs and improving the content. Twetch App is approaching 10,000 users.
Twetch describes itself as a decentralized social network that lets you own your data & earn money for your content. DM their twitter account for access to private beta & sign up at
http://twetch.comhttps://twitter.com/twetchappUptimeSV is Distributed, crowdsourced network intelligence. The first network intelligence service to collect real, verifiable user data and pay nodes for doing so, in realtime.
https://uptimesv.com/Tokenized is the easiest and safest way to issue, manage and trade security and utility tokens on the Bitcoin SV network.
Money Button is a wallet that grants you access to the BSV blockchain of the bitcoin network. It is completely non-custodial, so you are in charge of your keys, coins and financial sovereignty! Money Button works wonderfully as a peer-to-peer payments tool with a simple, functional interface, and a very easy-to-learn interface: Enter an address and slide to pay. Simple. Human-readable addresses and handles!
https://www.moneybutton.comBuild your City on Chain!
https://cityonchain.com/An example of low fees on BSV:
PS how crazy is this:
$10 between 200 people, fee of approx 3c (at 1sat/byte)
391 outputs.
Nuts. Just crazy,
And.... it is going to get WAYYY cheaper.
https://twitter.com/riverish333/status/1220824688366059523https://pbs.twimg.com/media/EPE9lJYW4AI8A2O?format=jpg&name=largeWhy build on Bitcoin SV?
Bitcoin SV is Bitcoin with the original protocol. It can be used for money, but also as a development platform.
Creative developers and entrepreneurs are taking advantage of Bitcoin SV's unique capabilities to build amazing businesses and products. They're choosing BSV because:
A stable protocol decentralizes power and enables builders to focus on long-term goals, like creating better customer experiences
Large blocks allow Bitcoin to scale to handle the world's traffic
Microtransactions enable entirely new classes of business models
Bitcoin SV is ready for what you want to build—the only limit is your imagination.
I think in hindsight BSV will be the obvious winner of the protocol wars.