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Topic: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision - page 51. (Read 226395 times)

hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
BSV works fine

due to law and honest mining - read the White Paper

Now things getting cleared
jr. member
Activity: 168
Merit: 2
Gotta give it up to Bitcoin SV developers. This is what Bitcoin lacks is the developers with a focused vision. The underground helped bitcoin but I don't see any pop really doing something with bitcoin instead of just storing it. I'm trying to catch up Roll Eyes
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
The big short

https://mobile.twitter.com/danielwilson/status/1350570153004707841

Or if there is only dark ano speculation
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Sth to watch these days

https://www.youtube.com/watch?v=dPJGZny8kOE

the printers of thin air USD ?

Edit: Some more critics here https://coingeek.com/crypto-crime-cartel-the-end-is-nigh-for-tether/
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Quote
Bitcoin SV Update: Raising the limit with Dynastic – Bitcoin SV v1.0.7 beta released

Today, the Bitcoin SV Infrastructure team released v1.0.7 (beta release) of the Bitcoin SV node software. Codenamed ‘Dynastic’, the planned upgrade is headlined by the introduction of support for long chains of unconfirmed transactions, unlocking new use cases for applications and services that require high transaction throughput.

With the Dynastic update, the benefits of a blockchain that scales unbounded will be evident to all, as block building gets back to basics. The fee selection logic that allowed miners to prioritise transactions with the highest attached fee – a ‘feature’ introduced in response to the limited 1 MB block size on the BTC network – has been removed, no longer necessary on the Bitcoin SV network which scales to meet demand, ensuring safe, instant transactions at predictable low fees.

The change has been facilitated through several updates, which have collectively replaced the Legacy Block Assembler with a new Journaling Block Assembler, allowing the removal of the fee selection code – in the process simplifying transaction selection logic and providing a small performance boost.

More importantly, however, it allowed the Bitcoin SV Infrastructure team to extend the child-pays-for-parent (CPFP) and ancestor limit from 25 to 1,000 transactions. As a result, businesses and enterprises can create far longer sets of chained transactions before they are mined in a block. That new limit is intended to be temporary too, with Technical Director of the Bitcoin SV Infrastructure team, Steve Shadders, confirming that once the 1,000-transaction limit has been sufficiently tested, the team planned to remove the limit entirely.

The present extension (and impending removal) of the CPFP and ancestor limits stands to have a significant impact for enterprises and developers that require truly enterprise-grade blockchain solutions.

Businesses were quick to take note too, with companies as varied as Bitcoin SV wallet provider HandCash and iGaming company BitBoss both signalling that the changes stand to have a marked impact on their product offering.

‘The ancestor limit was the last technical limitation in our way of creating a truly limitless nanopayments experience,’ says HandCash spokesperson Brandon Cryderman, who confirmed that their company’s developers had to date innovated around the limitation as best as they could.

‘This update is very important for HandCash to reach its full potential.’

That’s a familiar sentiment for BitBoss CEO Matt Dickson, whose development team encountered similar issues when building complex blockchain-based casino games – where each action, say hitting in a game of blackjack, adding another unchained transaction – with the limitations quickly hit.

‘The removal of that limit is massive for online gaming; it basically completes Bitcoin SV as the ultimate blockchain for gambling,’ he says.

‘We’ve done a lot of work on this limit, but when it goes away, our system is going to be that much more powerful.’

To learn more about CPFP and long chains, read Shadders’ blog post on the topic ‘A belated Christmas present from the Bitcoin SV team’.

Source https://bitcoinassociation.net/raising-the-limit-with-dynastic-bitcoin-sv-v1-0-7-beta-released/

Quote
Version 1.0.7 upgrade is a beta release from version 1.0.6.  It brings increased performance and support for long chains of unconfirmed transactions, which enables new use cases, for applications that require high transaction throughput.

Content details listed below:  

▣ CPFP and ancestor limit extended from 25 to 1000 transactions.
▣ Legacy block assembler removed; support for low priority /free transactions removed.
▣ Refactoring of CCoinView
▣ P2P improvements

*Note: Should you have previously set, limitancestorcount in your configurations, make sure to increase this to a larger value (the new default value is 1000) or alternatively, remove it.

To learn more about CPFP/long chains, you might like to read the following blog post from Steve Shadders, Technical Director of the Bitcoin SV Infrastructure team:

Binaries and source code can be downloaded here
:

https://bitcoinsv.io/2020/12/24/a-belated-christmas-present-from-bitcoin-sv-team/

URL: https://download.bitcoinsv.io/bitcoinsv/

Thank you for your continued support of Bitcoin SV.

Source https://bitcoinsv.io/2021/01/13/sv-upgrade-to-v1-0-7-beta-release/

 Very good job! Thank you team ヽ( ´ー`)ノ

This gives more freedom and allows more use cases like streaming money. True free of censorship cause nearly no fees (like a Google query ...)
member
Activity: 502
Merit: 15
Building Altcoinchain
Tuvalu Embarks on World’s First National Digital Ledger and Infrastructure Project on Bitcoin SV

FUNAFUTI, TUVALU – The Tuvalu Government has today announced its plans to become the world’s first paperless society using Bitcoin Satoshi Vision (BSV) and its digital public ledger.

Tuvalu has a population of 10,507. A small quantity of copra is produced for export, the sale of stamps accounts for modest earnings, and fees are collected from foreign fishing fleets, but the country depends heavily on foreign aid.
member
Activity: 182
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Tuvalu Embarks on World’s First National Digital Ledger and Infrastructure Project on Bitcoin SV

FUNAFUTI, TUVALU – The Tuvalu Government has today announced its plans to become the world’s first paperless society using Bitcoin Satoshi Vision (BSV) and its digital public ledger. The highly scalable, low-cost system, which is in accordance with the original, set-in-stone Bitcoin protocol, provides long-term thinking and sustainability highly valued by the Tuvalu Government. Typically seen as “small,” “remote,” and “precariously placed,” Tuvalu and its partners view the nation’s characteristics as an ICT strength that will allow it to maneuver more rapidly in terms of tech development. Working in collaboration with the leading blockchain technology company nChain, the Bitcoin consultancy Elas Digital, and the community-tech consultancy Faiā, Tuvalu has taken the first step in migrating to a completely digital infrastructure using BSV’s unprecedented scalability and efficiency.

Tuvalu is inhabited by roughly 11,000 people but currently does not have an electronic banking system. The plan to move the country’s national register to the blockchain will be followed by an exploration into digital currency, representing a huge feat of technological leapfrogging.

Comprising nine islands, Tuvalu has a domestic revenue of around $60 million, $5 million of which comes from its ownership of the .tv domain. Assigned to Tuvalu in 1995, the domain has, in recent years, become a lucrative asset for the country because of the proliferation of live-stream programming and competitive gaming. In 2021, Tuvalu’s agreement with the Virginia-based network infrastructure firm Verisign, which currently has rights to administer the .tv domain, will come to an end, prompting new negotiations and providing a contributing catalyst for future investments in the nation.

The National Digital Ledger partnership is facilitated by Faiā and its Managing Director, George Siosi Samuels, whose Tuvaluan heritage prompted him to develop a five-point plan to assist Tuvalu with its digital transformation. In a 2020 Medium article, George identified ways in which Tuvalu could preserve its culture, land, and heritage by leveraging its .tv domain name and introducing a nation-wide digital transformation program.

George Samuels explained: “After the article was published and gained traction, I was approached by the Tuvalu Government to consult on how Tuvalu could leverage blockchain technology for their digital transformation efforts. This is a critical investment in the future of Tuvalu, and so it’s my sincerest ambition to honor my ancestors by helping them leapfrog into the future I see coming with firm foundations. We identified nChain and Elas as the right transformation partners, primarily because of their unmatched blockchain development capabilities, patent portfolios, and highly secure and scalable solutions using the BSV blockchain. Data is the new oil, and Tuvalu is taking the right steps to navigating this new area, just like our wayfinding ancestors did with the oceans.”

At the forefront of the climate-change crisis, Tuvalu is among the first nations directly and massively affected by the impacts of rising sea levels. As the country evaluates its future in light of the continuing effects of climate change, the partnership with nChain, Elas, and Faiā presents a revolutionary long-term investment.

George Samuels further explained that: “While many options are being explored nationally to thwart the rising sea level, the Government of Tuvalu sees immense value in the mobility of a digital national financial infrastructure if climate change were ever to irreversibly impinge upon the land territory of Tuvalu. Beginning in early 2021, nChain, Elas, and Faiā will work with Tuvaluan nationals to identify the aims and ambitions of individuals, which will inform how the groundbreaking blockchain technology will be employed.”

The project will seek to deliver an innovative ‘Tuvaluan National Digital Ledger,’ which aims to transform the processes of managing the Tuvalu Government and economy in a package designed to suit the unique culture, geography, and society that all Tuvaluans share. The concept was developed by Elas Digital CEO Brendan Lee, who said: “This opportunity represents a chance for us to demonstrate how a digital transformation can take place in a location with specific and entirely unique needs and deliver a toolset that helps improve the standard of living and access to opportunity while minimising the disruption to existing processes, both legal and administrative. We aren’t trying to remove people from any part of this, but are rather seeking to empower them as both decision-makers and controllers of their own resources.”

He added: “Another component of this project is to create a strong local element, where the Tuvaluan people take a leadership role, ensuring the project best represents their needs. The project will also give people the knowledge and tools to build their own systems in the future and to participate in the opportunities that these sorts of transformations present at a global level.”

nChain is recognised as a pioneer for organizations and enterprises looking to realise the potential of blockchain technology. The Zug, Switzerland-based company boasts one of the largest teams of blockchain engineers in the world, and works to continually advance blockchain technology, propelling it beyond traditional fintech platforms to solve unique challenges like those faced by the people of Tuvalu. The BSV network, along with its public blockchain, serves as the underlying system predominantly used by nChain, as it offers unparalleled levels of security and scalability. It is estimated that by 2021, it will have the capacity to process 50,000+ transactions per second (TPS), surpassing major payment networks like the Visa network. The scalability of the BSV network means that a nation like Tuvalu can implement relevant technology rapidly, while allowing for organic growth and development over time.

David Washburn, CEO of nChain, said: “What the Tuvalu Government is doing is truly revolutionary. As a nation, they face many challenges that others don’t, and they are meeting those challenges with the determination and pioneering spirit necessary to truly reshape the future of their country. Blockchain technology has the potential to transform lives, and we’re honored to have been charged by the visionary leaders of Tuvalu to enable this landmark shift toward a digital economy.”

Simon Kofe, Minister for Justice, Communication and Foreign Affairs for Tuvalu, added: “In Tuvalu, we strive to recognize our culture and values both in our daily lives and at the national policy level. While taking a values-based approach, however, our eyes are always fixed firmly on the future. Tuvalu is already a leading Pacific nation in terms of outreach and action on climate change, but we hope to become a leader in other areas as well, especially ICT. Through our partnership with nChain, Elas, and Faiā, we are optimistic that blockchain technology will provide a key platform for unlocking new opportunities and securing a greater future for Tuvalu.”

About nChain

nChain AG is a world-leading provider of enterprise-grade blockchain solutions, helping businesses and organizations realize and protect the value of their data. With offices in Switzerland, the United Kingdom, and Slovenia, nChain boasts one of the largest teams of blockchain developers globally and a leading portfolio of intellectual property relating to blockchain technology. nChain is committed to helping clients maintain a competitive advantage in business through more efficient management of their data.

https://nchain.com

About Faiā

Faiā was founded in Singapore in 2019 by George Siosi Samuels, with a single mission: to bridge gaps between communities and technology. We believe in the power of the small and uncommon to unleash the power of communities. As a result, we typically work with high-growth startups and communities, but we may work with others depending on the project.

https://www.faiacorp.com

About Elas Digital

Elas Digital is a software engineering company driven to solve real world business problems using the scalability and efficiency of the Bitcoin public ledger as a growth substrate. Our structuring solutions and uniquely simple token solution can be tailored and scaled to suit enterprise or government needs. The team at Elas Digital are committed to building the highest velocity financial services in the world.

https://elas.digital

Press Contact

Alex Paquin
[email protected]

Related Links

nChain Website
Faiā Website

SOURCE: Ministry of Justice, Communication and Foreign Affairs, Tuvalu Government

https://bitcoinassociation.net/tuvalu-embarks-on-worlds-first-national-digital-ledger-and-infrastructure-project-on-bitcoin-sv/
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale


 Wink Creating Tokens on BitcoinSV with The Bitcoincomputer Smart Contract Platform by Dr Clemens Ley

https://www.youtube.com/watch?v=z0hc15gtUzA




lovely  no other base protocol needed

Thx to Satoshi!!!
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
jr. member
Activity: 168
Merit: 2
Wut, not even one comment - on my masterpiece meme?

It accurately depicts investment reality, no?



I expected more of the SV tard legion of one.

looks like it could be accurate
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Daimler's and other's big concerns about 'wild wild crypto'

correct, only industrial and regulation friendly & locked down protocols will win such


https://www.youtube.com/watch?v=v3_EXPxjII0
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Price is such a dumb measure - esp in unregulated markets, driven from many layed off traders / bankers (criminals?)

Value is the real thing


DYOR -  value might be only in  Bitcoin as BSV - price just goes mad


And pls make sure u undersand difference between:  investing   vs   speculation

 Smiley
jr. member
Activity: 168
Merit: 2
Hello there [...]
Cheesy Princess Wink don't take your case as a generality Kiss You can see that not everyone can be as stupid as you are, courage, you will improve I am sure. Maybe by pushing on your neurons it will free you. If it still doesn't work, then push harder! Cheesy





I that I want to connect to Bitcoin SV called Satoshi Face. I will fork Litecoin and create this coin.  I want to bring back Bitcoin faucets and create a group called Satoshi Whales" to encourage people to support bitcoin and Bitcoin SV. Like a second chance or second coming march. I want to create a group called Bitcoin Action Community) BAC to help push Bitcoin and Bitcoin SV long term investment. I want to put millions of Satoshi Faces in faucets in I can at 13/hr but idk unless someone else knows how to make a faucet so people can use there phones to earn Satoshi Face with worrying about battery drained or virus. I want them to be worth around a dollar this might be possible wih trustworthy miners to hold and reserve the Satoshi Face's because they will go fast in 1 year over a Billion possibly. but who can you trust?
Trusting yourself may be the solution! Anything is possible with will, acidity and planning. If you relly want to build:

Quote
The MOOCs will be free of charge and available to anyone, from anywhere in the world, with the first course starting 1 february 2021.
ENROLL NOW 🤗

https://bitcoinassociation.acemlna.com/
https://mooc.saxion.nl/courses/course-v1:SAXION+BC1+2021/about

This is an innovative perspective that can allow everyone to train on BitCoin! It starts at the beginning of february 2021 and it's MOOC online and it's free to educate and open up the possibilities on the only truly scalable channel!

Do you already have an advanced level in this discipline?

If you want to learn and perform with BitcoinSV here is a list that can help you:

https://wiki.bitcoinsv.io/index.php/Main_Page
https://wiki.bitcoinsv.io/index.php/Building_on_Bitcoin
https://bitcoinsv.com/en/build-on-bsv
https://www.scrypt.io/
https://developer.bitcoin.org/reference/
https://www.bsvdevs.com/index.php
https://powping.com/c/a4d2d4ce12cfba93342a8f7eebbdd91ebe2689d68ba98fa340f457e89104b3cb
https://bitcoinscaling.io/

I suggest you realize your dreams, life is short and deserves to be lived to the fullest.

I'm going to build Satoshi Face soon and post it in here to start
jr. member
Activity: 168
Merit: 2
I that I want to connect to Bitcoin SV called Satoshi Face. I will fork Litecoin and create this coin.  I want to bring back Bitcoin faucets and create a group called Satoshi Whales" to encourage people to support bitcoin and Bitcoin SV. Like a second chance or second coming march. I want to create a group called Bitcoin Action Community) BAC to help push Bitcoin and Bitcoin SV long term investment. I want to put millions of Satoshi Faces in faucets in I can at 13/hr but idk unless someone else knows how to make a faucet so people can use there phones to earn Satoshi Face with worrying about battery drained or virus. I want them to be worth around a dollar this might be possible wih trustworthy miners to hold and reserve the Satoshi Face's because they will go fast in 1 year over a Billion possibly. but who can you trust?
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Hahaha

now try to decent discuss Bitcoin on twitter w/o trolls coming out from any side - not possible, esp if topic is limited on price

https://twitter.com/saxena_puru/status/1347406953081757696


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