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Topic: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision - page 9. (Read 226395 times)
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Get your Dr. Craig S. Wright NFT exclusively with FabriikX
Toronto, Canada, 15 June 2022: Mayson Heald launches her second NFT Collection, ‘Vision’ with FabriikX. This collection is derived from a portrait drawing of nChain’s Chief Scientist, Dr. Craig S. Wright.
The Vision collection consists of a series of portraits of Bitcoin inventor, Dr. Craig S. Wright. The inspiration for this collection comes from Mayson, observing Dr. Wright’s appearances at the London CoinGeek Conference in 2020.
Contemporary artist and NFT creator Mayson Heald said: “I wanted to capture in the drawing Dr. Wright, an important historical figure with a relaxed, informal presence as he was listening to fellow Conference attendees discuss topics of the day.”
“This NFT collection brings a classical background into the digital world. I have taken my drawing of Dr. Wright and extended it into an experimental series, using basic digital tools, to combine traditional and abstract expression together.”
The NFTs have been minted by FabriikX directly onto the BSV blockchain. With the NFT market booming with artists producing and creating projects on several platforms, FabriikX is a curation-focused marketplace where artists are visible and supported to promote their work. It also provides a secondary market, enabling artists and collectors to connect directly to buy, sell, and resell digital collectibles. And, as FabriikX is built on the BSV blockchain, it can offer some of the lowest minting fees available today. The average cost of minting is $0.0006/byte, making it one of the most lucrative marketplaces for artists to mint their work.
Commenting on FabriikX’s latest drop, Lior Cyngiser, Business Operations Lead said: “FabriikX prides itself on providing a platform where artists and content creators can highlight their work that memorializes moments of history and has cultural relevance. Mayson’s latest collection, Vision, does just that. We continue to strive to create the best curated multi-sensory NFT marketplace.”
Mayson commented: “FabriikX is a well-designed platform that works to optimize the power of the BSV blockchain. It allows large, secure scaling and gives the artist full ownership and autonomy over their work. By using the BSV blockchain, FabriikX enables access to the creative NFT community without substantial fees. All aspects here are amazing features.”
About FabriikX
FabriikX is a new kind of NFT marketplace built on the power of the BSV blockchain. It offers curated-focused, exclusive NFTs from top creators, and new creatives as well as content from the best inventive minds in the digital collectibles’ community.
To Fabriik, NFTs are much more than just digital collectibles; they are experiences that connect collectors with the creators and communities they care about most.
FabriikX offers a secondary market so customers can buy, sell, and re-sell NFTs with no minting or transfer fees, directly with other collectors, and get paid instantly. Plus, all data lives on-chain.
Currently live on the FabriikX platform reside 856 NFTs with over 18500 editions available for sale.
About Fabriik
Fabriik is a digitally powered financial technology company made up of people committed to unlocking the power of blockchain technology to make participating in the future of money, a reality today.
Fabriik’s vision is for everyone, everywhere to be able to reimagine prosperity in the digital economy. So, it is creating tools and services that empower people to buy, sell, store, and trade digital assets easily, securely, and transparently.
For more information, please contact:
Key contact: Haris Khan
Email: [email protected]
Mobile: +44 (0) 7503 581 563
See https://fabriikx.com/explore/drawing-1.
Source: https://coingeek.com/get-your-dr-craig-s-wright-nft-exclusively-with-fabriikx/
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Thanks a lot Jimmy 🙏 Good luck for the next episodes of your career !
👋 bye bye BTC
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⚖️ Bitcoin Association for BSV – Tulip Trading Ltd. Settlement Statement and FAQ
In response to the settlement between Bitcoin Association and Tulip Trading Ltd. this week, we have prepared a statement and answers to the most frequently asked questions that we and our representatives are receiving. Read more:
https://bitcoinassociation.net/bitcoin-association-for-bsv-tulip-trading-ltd-settlement-statement-and-faq
Or how to turn Bitcoin into lead when stolen, then turn it back into precious valuable when returned by miners. Law is coming.
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Bitcoin as a base layer, as explained by Bitcoin inventor Craig Wright at BSV Global Blockchain Convention
In his keynote speech at the recently held BSV Global Blockchain Convention, Dr. Craig Wright introduced the idea of Bitcoin as a base layer for other blockchains. While his speech was a bit heated and slightly antagonizing in the same vein as Russel Crowe’s Maximus Decimus Meridius throwing down the gauntlet of challenge in the Roman colosseum, it did introduce a very interesting concept: that if a blockchain is scalable enough to process more transactions than another blockchain, then could it just run the second blockchain internally, so that the users of the second blockchain could enjoy the low cost and high transaction scalability of Bitcoin while still operating their apps in a context that is specific and familiar to them in their native second blockchain?
Put another way, can a bigger, more scalable blockchain simply subsume a smaller, slower blockchain?
If so, then this model of growth expansion seems to be the best path of adoption for BSV, considering some other blockchains like ETH already have large developed communities and tools created that support their ecosystem. If there was a migration path that meant that users of ETH apps could simply choose between running their programs on ETH or ETH over BSV (EoBSV) then we could build and run some EoBSV nodes and let simple economics do all the selling. Presumably, people will decide to use the network which can support what they want to do with the least amount of transaction fees or gas fees.
Dr. Craig Wright introduced the idea of Bitcoin
How will people’s existing balances and smart contracts work?
At this point, this is just my personal theory, but one way is to build a mirror ETH network, with everyone and every contract balances in ETH being represented. The EoBSV network will be run by a network of bridge nodes that operate a stock Ethereum EVM that listens to and validates ETH transactions. Instead of building blocks on ETH, it will just wrap ETH blocks into Bitcoin transactions and write them into BSV blocks. In this way, this node is acting as a standard ETH node. Except that when it needs to get sync’d with the network on the latest state of anything, it can use the BSV blockchain to retrieve the latest state as of the last ETH block. Because the state of ETH is stored in Bitcoin UTXOs, it does not have the scaling problem, as Bitcoin can prune off old unneeded versions of the ETH state graph snapshots. The UTXO model only keeps the latest version of the state for any contract or address.
Okay, so EoBSV is just a hybrid node, comprised of one part EVM node and one part BSV app service, which writes the state of all ETH blocks into BSV.
What good does this do over a stock ETH node?
It costs cheaper to write transactions to, given to the fact that gas on BSV is effectively free.
It doesn’t have scaling issues in the form of having to store an ever-increasing state graph.
It keeps up to sync with the existing ETH network for applications that are still using ETH nodes as their primary ledger of truth.
It uses its BSV UXTO store version of the ETH state for applications that have moved over to EoBSV and create transactions for them that do not communicate back to the legacy ETH network.
Dr. Craig Wright introduced the idea of Bitcoin
As an application looking to migrate, I would imagine this is a one-way process.
Also, once a smart contract or a transaction committed on EoBSV has been made, then other users who are not using EoBSV aware wallets (and only ETH aware wallets) won’t see the updated state, which exists only on the EoBSV side. This will make application migrations a bit tricky and require coordination. However, once a user base has been moved over, if anyone who has yet to migrate complains about not seeing the up-to-date status of a contract or an account balance, the simple way to fix this is to have them update their wallet to an EoBSV aware one.
In this fashion, this is similar to how tokens work over BSV. When a user using a token-aware wallet sends tokens to someone who doesn’t have a token-aware wallet, they do not see the balance. Even if they cannot see it or spend it, it doesn’t mean that the tokens are ‘broken’ or lost. It just means that the recipient needs to update their app or wallet to one that can recognize the token format, and they will be instantly able to see and transact in the token.
Similarly, if, for instance, CryptoKitties3 were to port1 their service to send their transactions to EoBSV instead of ETH due to the lower fees, then they would start to send their ETH transactions with a corresponding BSV transaction (to pay the BSV miners), perhaps atomically swapped from their ETH balance. Because this fee is much too low to be processed on the ETH network, it likely gets rejected. But the EoBSV node picks it up and records it on the BSV blockchain instead. Henceforth if the users of CryptoKitties3 want to see their updates, they will have to update their wallet to a version that connects to an EoBSV node, which is the only place where they will have the correct balances and state.
In my opinion, what Dr. Wright is suggesting is not that ETH and BSV can be effectively run together as a bridged network, or ‘cross-chains’ as the popular term is these days, but BSV can be used as the scalable backend to run any other blockchain on top, such that migration to the “onBSV” version is a possible scaling strategy for applications and developers on ETH who have spent countless millions of dollars and man-hours developing a platform and business idea on a platform that they later on realized could not scale to meet the demand of their business model, due to the fact of their blockchain being ‘too crowded’ or ‘over used’ by other users and apps.
Dr. Craig Wright on GBC22
In the end, it is always possible to build a Proof of Stake system on top of a Proof of Work one, but not the other way around.
It is possible to build a private system on top of a public one2, but not the other way around.
It is possible to build an encrypted system on top of an unencrypted one3, but not the other way around.
It is possible to build an insecure system on top of a secure one, but not the other way around.
It is possible to build a non-scalable system on a scalable one, but not the other way around.
BSV is Proof of Work, public, unencrypted, secure, and scalable. It can act as the base layer for all other blockchain applications.
I think this was the gist of Dr. Wright’s challenge to Ethereum.
Game on.
/Jerry Chan
***
NOTES:
[1] Recall that EoBSV nodes have up to date ETH balances for ALL ETH users and smart contracts by the fact that it listens to and keeps in sync with the ETH blockchain
[2] VPNs are private networks on top of a public internet, for instance.
[3] Just try building a non-encrypted system in one that is encrypted by default. While you are at it, try touching your forehead with your tongue.
Watch the BSV Global Blockchain Convention Dubai 2022 Day 1 here:
https://www.youtube.com/watch?v=ggbZ8YedpBE
Watch the BSV Global Blockchain Convention Dubai 2022 Day 2 here:
https://www.youtube.com/watch?v=RzJsCRb6zt8
Watch the BSV Global Blockchain Convention Dubai 2022 Day 3 here:
https://www.youtube.com/watch?v=RzSCrXf1Ywc
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.
Source thanks to Jerry Chan https://coingeek.com/bitcoin-as-a-base-layer-as-explained-by-bitcoin-inventor-craig-wright-at-bsv-global-blockchain-convention/
In his keynote speech at the recently held BSV Global Blockchain Convention, Dr. Craig Wright introduced the idea of Bitcoin as a base layer for other blockchains. While his speech was a bit heated and slightly antagonizing in the same vein as Russel Crowe’s Maximus Decimus Meridius throwing down the gauntlet of challenge in the Roman colosseum, it did introduce a very interesting concept: that if a blockchain is scalable enough to process more transactions than another blockchain, then could it just run the second blockchain internally, so that the users of the second blockchain could enjoy the low cost and high transaction scalability of Bitcoin while still operating their apps in a context that is specific and familiar to them in their native second blockchain?
Put another way, can a bigger, more scalable blockchain simply subsume a smaller, slower blockchain?
If so, then this model of growth expansion seems to be the best path of adoption for BSV, considering some other blockchains like ETH already have large developed communities and tools created that support their ecosystem. If there was a migration path that meant that users of ETH apps could simply choose between running their programs on ETH or ETH over BSV (EoBSV) then we could build and run some EoBSV nodes and let simple economics do all the selling. Presumably, people will decide to use the network which can support what they want to do with the least amount of transaction fees or gas fees.
Dr. Craig Wright introduced the idea of Bitcoin
How will people’s existing balances and smart contracts work?
At this point, this is just my personal theory, but one way is to build a mirror ETH network, with everyone and every contract balances in ETH being represented. The EoBSV network will be run by a network of bridge nodes that operate a stock Ethereum EVM that listens to and validates ETH transactions. Instead of building blocks on ETH, it will just wrap ETH blocks into Bitcoin transactions and write them into BSV blocks. In this way, this node is acting as a standard ETH node. Except that when it needs to get sync’d with the network on the latest state of anything, it can use the BSV blockchain to retrieve the latest state as of the last ETH block. Because the state of ETH is stored in Bitcoin UTXOs, it does not have the scaling problem, as Bitcoin can prune off old unneeded versions of the ETH state graph snapshots. The UTXO model only keeps the latest version of the state for any contract or address.
Okay, so EoBSV is just a hybrid node, comprised of one part EVM node and one part BSV app service, which writes the state of all ETH blocks into BSV.
What good does this do over a stock ETH node?
It costs cheaper to write transactions to, given to the fact that gas on BSV is effectively free.
It doesn’t have scaling issues in the form of having to store an ever-increasing state graph.
It keeps up to sync with the existing ETH network for applications that are still using ETH nodes as their primary ledger of truth.
It uses its BSV UXTO store version of the ETH state for applications that have moved over to EoBSV and create transactions for them that do not communicate back to the legacy ETH network.
Dr. Craig Wright introduced the idea of Bitcoin
As an application looking to migrate, I would imagine this is a one-way process.
Also, once a smart contract or a transaction committed on EoBSV has been made, then other users who are not using EoBSV aware wallets (and only ETH aware wallets) won’t see the updated state, which exists only on the EoBSV side. This will make application migrations a bit tricky and require coordination. However, once a user base has been moved over, if anyone who has yet to migrate complains about not seeing the up-to-date status of a contract or an account balance, the simple way to fix this is to have them update their wallet to an EoBSV aware one.
In this fashion, this is similar to how tokens work over BSV. When a user using a token-aware wallet sends tokens to someone who doesn’t have a token-aware wallet, they do not see the balance. Even if they cannot see it or spend it, it doesn’t mean that the tokens are ‘broken’ or lost. It just means that the recipient needs to update their app or wallet to one that can recognize the token format, and they will be instantly able to see and transact in the token.
Similarly, if, for instance, CryptoKitties3 were to port1 their service to send their transactions to EoBSV instead of ETH due to the lower fees, then they would start to send their ETH transactions with a corresponding BSV transaction (to pay the BSV miners), perhaps atomically swapped from their ETH balance. Because this fee is much too low to be processed on the ETH network, it likely gets rejected. But the EoBSV node picks it up and records it on the BSV blockchain instead. Henceforth if the users of CryptoKitties3 want to see their updates, they will have to update their wallet to a version that connects to an EoBSV node, which is the only place where they will have the correct balances and state.
In my opinion, what Dr. Wright is suggesting is not that ETH and BSV can be effectively run together as a bridged network, or ‘cross-chains’ as the popular term is these days, but BSV can be used as the scalable backend to run any other blockchain on top, such that migration to the “onBSV” version is a possible scaling strategy for applications and developers on ETH who have spent countless millions of dollars and man-hours developing a platform and business idea on a platform that they later on realized could not scale to meet the demand of their business model, due to the fact of their blockchain being ‘too crowded’ or ‘over used’ by other users and apps.
Dr. Craig Wright on GBC22
In the end, it is always possible to build a Proof of Stake system on top of a Proof of Work one, but not the other way around.
It is possible to build a private system on top of a public one2, but not the other way around.
It is possible to build an encrypted system on top of an unencrypted one3, but not the other way around.
It is possible to build an insecure system on top of a secure one, but not the other way around.
It is possible to build a non-scalable system on a scalable one, but not the other way around.
BSV is Proof of Work, public, unencrypted, secure, and scalable. It can act as the base layer for all other blockchain applications.
I think this was the gist of Dr. Wright’s challenge to Ethereum.
Game on.
/Jerry Chan
***
NOTES:
[1] Recall that EoBSV nodes have up to date ETH balances for ALL ETH users and smart contracts by the fact that it listens to and keeps in sync with the ETH blockchain
[2] VPNs are private networks on top of a public internet, for instance.
[3] Just try building a non-encrypted system in one that is encrypted by default. While you are at it, try touching your forehead with your tongue.
Watch the BSV Global Blockchain Convention Dubai 2022 Day 1 here:
https://www.youtube.com/watch?v=ggbZ8YedpBE
Watch the BSV Global Blockchain Convention Dubai 2022 Day 2 here:
https://www.youtube.com/watch?v=RzJsCRb6zt8
Watch the BSV Global Blockchain Convention Dubai 2022 Day 3 here:
https://www.youtube.com/watch?v=RzSCrXf1Ywc
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.
Source thanks to Jerry Chan https://coingeek.com/bitcoin-as-a-base-layer-as-explained-by-bitcoin-inventor-craig-wright-at-bsv-global-blockchain-convention/
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A simpler and cheaper smart contract language
Bitcoin Association for BSV has launched a sCrypt introduction page to detail the language's opportunities, how you can use it, and how much cheaper it is than other smart contract languages.
sCrypt is a high-level smart contract language and it's very similar to Ethereum's Solidity, although Solidity is not Ethereum's base language, rather its opcodes.
With sCrypt you can:
Expect around a 10,000 times price decrease compared to an Ethereum smart contract
sCrypt is also Turing complete, which means it can do every aspect of coding language that Ethereum can do
Rely on a scalable system because Bitcoin is a UTXO-based system, which means every transaction is its own entity
Bitcoin Association has decided to move to sCrypt as the official language for Bitcoin SV. We highly encourage you to use it to write your own smart contracts, may it be a DAO, a voting system, a fund lock-up system, or a banking app.
Check out the sCrypt introduction page today to see the range of possibilities you can explore with the new focus language of BSV.
https://bitcoinsv.com/scrypt/
Bitcoin Association for BSV has launched a sCrypt introduction page to detail the language's opportunities, how you can use it, and how much cheaper it is than other smart contract languages.
sCrypt is a high-level smart contract language and it's very similar to Ethereum's Solidity, although Solidity is not Ethereum's base language, rather its opcodes.
With sCrypt you can:
Expect around a 10,000 times price decrease compared to an Ethereum smart contract
sCrypt is also Turing complete, which means it can do every aspect of coding language that Ethereum can do
Rely on a scalable system because Bitcoin is a UTXO-based system, which means every transaction is its own entity
Bitcoin Association has decided to move to sCrypt as the official language for Bitcoin SV. We highly encourage you to use it to write your own smart contracts, may it be a DAO, a voting system, a fund lock-up system, or a banking app.
Check out the sCrypt introduction page today to see the range of possibilities you can explore with the new focus language of BSV.
https://bitcoinsv.com/scrypt/
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The only way to scale to the globe, even for CBDC's, is via SPV. It was designed that way from the start. And Craig/nChain have SPV patented. No one else is even close. #dealwithit 😎 #BSV is #Bitcoin
SPV > https://craigwright.net/bitcoin-white-paper.pdf
https://twitter.com/JoelDalais/status/1527261171128143873
SPV > https://craigwright.net/bitcoin-white-paper.pdf
https://twitter.com/JoelDalais/status/1527261171128143873
Yeah, deal with it.
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📚 nChain & CSW patent pool
No patent trolling, quite the contrary. Note that nChain and CSW make the patents available in a pool, so the protected technologies are legally exploitable as long as you take a license, honestly the costs are very affordable (so to speak almost given) for small and medium sized companies who wish to benefit from the numerous technologies. For large companies there are also tailor-made solutions.
Check, Bitcoin & Blockchain patent pool is on https://ipwe.com/
No patent trolling, quite the contrary. Note that nChain and CSW make the patents available in a pool, so the protected technologies are legally exploitable as long as you take a license, honestly the costs are very affordable (so to speak almost given) for small and medium sized companies who wish to benefit from the numerous technologies. For large companies there are also tailor-made solutions.
Check, Bitcoin & Blockchain patent pool is on https://ipwe.com/
~~~
I can assure you there's no sarcasm in my post
~bla bla bla
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Yeah yeah. So, in addition to lying you are a Legendary hypocrite. Bye bye 👋
I'm helping someone recover BSV sent to pubkey in 2010. For several other Forkcoins, I managed to do this by downloading the full client (Forked from Bitcoin Core), importing the pubkey, and syncing. For BSV, I can't get it to work. It seems like it's not just a Fork from Bitcoin Core, and I can't get it running.
Any help recovering those 12 year old BSVs is appreciated
Any help recovering those 12 year old BSVs is appreciated
Although on first reading I didn't understand your sarcasm until I followed your bitcointalk url link here... That said, maybe this documentation may help you...
https://electrumsv.readthedocs.io/en/sv-1.3.13/problem-solving/coin-splitting.html
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The minminingtxfee setting will affect which transactions are present in the mempool of your node. We suggest you set it to the same value as miners are configuring.
I think Taal and Gorillapool are both setting this value to "0.0000005", which is equivalent to 50 sats/kb.
I think Taal and Gorillapool are both setting this value to "0.0000005", which is equivalent to 50 sats/kb.
https://coingeek.com/bitcoin-sv-node-software-updates-to-version-1-0-11-heres-what-you-need-to-know/
IBM go with Bitcoin Satoshi Vision (BSV).https://www.finextra.com/pressarticle/92449/certihash-to-develop-an-enterprise-suite-of-blockchain-security-tools-with-ibm
https://coingeek.com/certihash-and-ibm-to-reduce-costs-and-impact-of-cyberattacks-with-new-bsv-blockchain-tools/
https://twitter.com/CalvinAyre/status/1519611186895114240
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BSV tops 20 million transactions in a day, aims for much more
The BSV blockchain has reached the remarkable milestone of 20 million Bitcoin transactions in a single day. If it seems like just a few weeks since we celebrated 10 million—it’s because it was! After breaching that barrier, it took less than 20 days to double it.
Impressive as that is, it’s actually small fry compared to BSV’s ambitions. Blockchain projects are preparing to bring even more data on chain over the coming year, especially once the enterprise-grade Teranode protocol upgrade gradually becomes available over the coming year or so. BSV is fulfilling its mission to create an entire new digital economy, one based on the value of data itself.
Transaction in 24hours - Source: BitInfoCharts.com
An upgrade at Fyx Gaming (makers of CryptoFights) was responsible for most of the new volume. Though Fyx’s transaction count is so massive it dominates the application pie chart over at BSVData.com, other heavy lifters in April included DuroDogs, ShowBuzz, PeerGame, TDXP, RelayX and Twetch.
Although gaming dominates current BSV transaction volumes, the inclusion of social media and financial apps in the mix means BSV’s ecosystem is more diverse than most other blockchains. For all the attention they receive in the mainstream press, blockchains like BTC and Ethereum remain limited in their number of use cases, mainly due to a lack of transaction capacity and high usage fees.
BSV does not lack transaction capacity. Ultimately, it will be able to process billions (even trillions) of data transactions every week—for any kind of application imaginable.
An internet based on data value, not ads
Data is the commodity that will drive the digital economy. However, the internet until now has failed to turn it into an economy that benefits everyone. Rather than enriching ordinary users and improving their lives, today’s internet has become an individual rights nightmare as large, already-wealthy corporate players harvest and sell their users’ private data to make their profits. This has also led to an environment where users can be banned and have years of data wiped for expressing opinions, while those remaining are bombarded with ever-more intrusive and annoying advertising. Despite all this, large media organizations have struggled to profit from their online content. Social networks have few other options to monetize the platforms they provide “for free.”
BSV proposes a different model, where ordinary users pay each other in millions of microtransactions. Users retain ownership of the data they produce; they can decide who may access it and for what price. The processors (miners) who keep the network secure earn a living from millions of tiny transaction fees (much less than US$0.01 each) rather than competing for diminishing “block rewards.”
Unlike other blockchains, BSV is not about “chasing quick bucks.” It does not rely entirely on speculative asset trading (a temporary phenomenon that can’t last forever) but seeks to create value from real interaction and exchange. It has unlimited use cases, but doesn’t fall on its face the first time one application becomes popular. It doesn’t have endless debates and new complications around new protocol rules, which are the same ones Satoshi Nakamoto set when he released Bitcoin in 2009.
While we mark this 20 million transaction-per-day milestone with satisfaction, it probably won’t be long before this figure becomes the daily average, rather than a one-off. Eventually, the number of transactions processed won’t even be news. This is what actual usage looks like, and it’s still the early days.
Watch: Teranode Live Demo shows 50K TPS on BSV Blockchain
https://www.youtube.com/watch?v=i3As9-9uSXs
Thanks to Jon Southurst. Source: https://coingeek.com/bsv-tops-20-million-transactions-in-a-day-aims-for-much-more/
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Bitcoin BSV has passed 20 million transactions in the last 24 hours.
No Lightning Network.
No Layer 2.
No side chains.
No zk roll ups.
Pure layer 1 scaling on the Bitcoin protocol as promised by Satoshi Nakamoto.
BTC is a meme trying to convince boomers to buy digital rocks.
No Lightning Network.
No Layer 2.
No side chains.
No zk roll ups.
Pure layer 1 scaling on the Bitcoin protocol as promised by Satoshi Nakamoto.
BTC is a meme trying to convince boomers to buy digital rocks.
The record is broken again, the industry is now technologically dominated by BitcoinSV #BSV the only #Bitcoin protocol scaled, accessible to everyone, everywhere, at all times. #BSVblockchain
We're getting closer to Satoshi Nakamoto's vision via the Bitcoin SV Node software upgrade to the v1.0.11 version.
Check the link to know more about the Node software upgrade:
Check the link to know more about the Node software upgrade:
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https://www.bitcoinsv.io/releases/bitcoin-sv-node-software-v1-0-11
Bitcoin SV Node software – Upgrade to v1.0.11 Release
Version 1.0.11 release is a recommended upgrade from version 1.0.10; This new version introduces changes to fee configuration options and various bug fixes.
Content details listed below:
Changed Option Name -blockmintxfee
Bloom Filters Disabled by Default
Removed options
–dustrelayfee
-dustlimitfactor
-minrelaytxfee
Changed option name -blockmintxfee to -minminingtxfee
Note that setting -minminingtxfee is a mandatory setting. The option -blockmintxfee has been removed. Setting it will emit a warning in the bitcoin logs. To repeat the default setting from the last release a miner needs to configure –minminingtxfee=0.00000500 (i.e. 500 Satoshis).
Bloom Filters Disabled by Default
Support for filtering transactions based on bloom filters on the P2P interface has been disabled by default. This technique is inconsistent with scalability and should not be used.
To re-enable the feature set the option -peerbloomfilters.
Removed options -dustrelayfee, -dustlimitfactor
These options have been removed. The dust threshold is now hard coded to one Satoshi per transaction output.
Note that blocks containing transactions with dust outputs (i.e. outputs with a zero Satoshi amount) will still be accepted.
Attempting to set these options will have no effect other than a warning message in the bitcoin logs.
Removed option -minrelaytxfee
This option has been removed. The mempool will reject incoming low fee transactions based on its dynamic rejection fee algorithm.
Attempting to set this option will have no effect other than a warning message in the bitcoin logs.
Binaries and source code can be downloaded here:
URL: https://download.bitcoinsv.io/bitcoinsv/
Should you have any support questions, please direct them via [email protected] or via telegram at https://t.me/bitcoinsvsupport
Thank you for your continued support of Bitcoin SV.
Bitcoin SV Node software – Upgrade to v1.0.11 Release
Version 1.0.11 release is a recommended upgrade from version 1.0.10; This new version introduces changes to fee configuration options and various bug fixes.
Content details listed below:
Changed Option Name -blockmintxfee
Bloom Filters Disabled by Default
Removed options
–dustrelayfee
-dustlimitfactor
-minrelaytxfee
Changed option name -blockmintxfee to -minminingtxfee
Note that setting -minminingtxfee is a mandatory setting. The option -blockmintxfee has been removed. Setting it will emit a warning in the bitcoin logs. To repeat the default setting from the last release a miner needs to configure –minminingtxfee=0.00000500 (i.e. 500 Satoshis).
Bloom Filters Disabled by Default
Support for filtering transactions based on bloom filters on the P2P interface has been disabled by default. This technique is inconsistent with scalability and should not be used.
To re-enable the feature set the option -peerbloomfilters.
Removed options -dustrelayfee, -dustlimitfactor
These options have been removed. The dust threshold is now hard coded to one Satoshi per transaction output.
Note that blocks containing transactions with dust outputs (i.e. outputs with a zero Satoshi amount) will still be accepted.
Attempting to set these options will have no effect other than a warning message in the bitcoin logs.
Removed option -minrelaytxfee
This option has been removed. The mempool will reject incoming low fee transactions based on its dynamic rejection fee algorithm.
Attempting to set this option will have no effect other than a warning message in the bitcoin logs.
Binaries and source code can be downloaded here:
URL: https://download.bitcoinsv.io/bitcoinsv/
Should you have any support questions, please direct them via [email protected] or via telegram at https://t.me/bitcoinsvsupport
Thank you for your continued support of Bitcoin SV.
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"As a side exercise", Dr. Wright plans to run every other crypto blockchain protocol on Earth on the #BitcoinSV ledger within 12 months, this includes the entire Ethereum network, IBM hyperledger, BTC, Polkadot, hashgraph, etc, will all be run "for free".
https://youtu.be/BnPiH6OLLa0?t=1148
This will show you how useful scaling is. BSV Bitcoin protocol evolve the world.
Wright has ~bla ~~bla ~bla
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Hey bitcoinPsycho the psychopath of service,
You have not noticed that the so-called crypto media that create trends in unison (and that belong to the same networks) distill multitudes of trends, articles more or less cobbled together, to direct economic interests, create manipulations, lie openly, manipulate markets in particular, it is certainly not to you that I am going to teach you. If you believe in what you believe, then good for you, it only confirms you in your ultracrepidarian world.
That we do not share the same opinion is a fact. For more than two years you have been playing the same refrain here in this thread, broken record, misinforming, acting vilely, viciously with your friends with conflicting economic interests and are not even able to tell the difference in a computer code, nor even commission a technical audit to support and prove your public and repeated misinformation on several public networks. Yes, BTC is not Bitcoin since Core & Blockstream, self-proclaimed maintainers of Bitcoin code, have disassembled the included functions of the Bitcoin code, openly modified the protocol several times, and created, deployed and incremented factual patches to problems they themselves created, all to justify astronomical and unnecessary salaries.
By the way, why did MasterCard create an incubator of shell companies and take a significant stake in everyone from Blockstream, Coinbase, Kraken, BitGo and Lightning Labs? Do you think MasterCard really liked the idea of an unstoppable, decentralized, frictionless payment network?
Source: https://coingeek.com/craig-wright-satoshi-nakamoto-and-why-people-ridicule-the-greats-in-their-lifetimes/
Don't play that game. Yes BTC is a consumer fraud, you openly support BTC, so you are complicit in supporting this fraud. No more and no less.
As for Craig Wright, what he is creating is beyond what you who are "hidden" on your uncle's boat, not even able to perform in a basic game of find the 7 errors, will ever be able to match.
By the way, did you know that the Bitcoin.com domain name was purchased with Craig Wright's personal credit card? I'm not learning you this because you already knew.
Your frustration transcends you, and by far, see your written history in this forum. Do yourself a favor, disconnect indefinitely from this place, go out, meet real people, and breathe life, because we are all just passing through on Earth.
You have not noticed that the so-called crypto media that create trends in unison (and that belong to the same networks) distill multitudes of trends, articles more or less cobbled together, to direct economic interests, create manipulations, lie openly, manipulate markets in particular, it is certainly not to you that I am going to teach you. If you believe in what you believe, then good for you, it only confirms you in your ultracrepidarian world.
That we do not share the same opinion is a fact. For more than two years you have been playing the same refrain here in this thread, broken record, misinforming, acting vilely, viciously with your friends with conflicting economic interests and are not even able to tell the difference in a computer code, nor even commission a technical audit to support and prove your public and repeated misinformation on several public networks. Yes, BTC is not Bitcoin since Core & Blockstream, self-proclaimed maintainers of Bitcoin code, have disassembled the included functions of the Bitcoin code, openly modified the protocol several times, and created, deployed and incremented factual patches to problems they themselves created, all to justify astronomical and unnecessary salaries.
By the way, why did MasterCard create an incubator of shell companies and take a significant stake in everyone from Blockstream, Coinbase, Kraken, BitGo and Lightning Labs? Do you think MasterCard really liked the idea of an unstoppable, decentralized, frictionless payment network?
Source: https://coingeek.com/craig-wright-satoshi-nakamoto-and-why-people-ridicule-the-greats-in-their-lifetimes/
Don't play that game. Yes BTC is a consumer fraud, you openly support BTC, so you are complicit in supporting this fraud. No more and no less.
As for Craig Wright, what he is creating is beyond what you who are "hidden" on your uncle's boat, not even able to perform in a basic game of find the 7 errors, will ever be able to match.
By the way, did you know that the Bitcoin.com domain name was purchased with Craig Wright's personal credit card? I'm not learning you this because you already knew.
Your frustration transcends you, and by far, see your written history in this forum. Do yourself a favor, disconnect indefinitely from this place, go out, meet real people, and breathe life, because we are all just passing through on Earth.
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👨🎓 “Taproot on Bitcoin” by sCrypt - Yup, #BSV is the real Bitcoin
“Taproot on Bitcoin” by sCrypt in 20 minutes https://link.medium.com/WNQugqME4ob #BSV can do in 200EUR what’s taken Lightning Labs team 4 years to do on #BTC
“Taproot on Bitcoin” by sCrypt in 20 minutes https://link.medium.com/WNQugqME4ob #BSV can do in 200EUR what’s taken Lightning Labs team 4 years to do on #BTC
Here is another proof that #BSV is the real Bitcoin
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So 200€ is the average wage for a one hour flat rate for a qualified engineer to deploy this Bitcoin solution (although it takes less than 20 minutes).
Now that you have read and accessed the recipe in the source, you can greatly reduce this amount to much less depending on the country of origin of your engineer or service provider who can now implement this perennial solution on the only blockchain scaled respectfully to the white paper that defines Bitcoin, aka BSV.
Core & Blockstream having dismantled the Bitcoin code in BTC, removed many features, such as the alert key, then justified without any basis to change the protocol in useless and terribly expensive upgrades, such as Segwit, Segwit2X, LN, Liquid, and now Taproot, justifying gaps to be filled .... This has allowed them all to pay themselves huge salaries over the years, providing so-called solutions to limitations that they themselves created, which openly generate conflicts of interest and other ubiquitous facts.
This is how people and other consortia of companies with common economic interests would have you believe that BTC is Bitcoin, even though this is technically no longer the case since before 2017. BTC is a fraud, nothing more and nothing less.
Now that you have read and accessed the recipe in the source, you can greatly reduce this amount to much less depending on the country of origin of your engineer or service provider who can now implement this perennial solution on the only blockchain scaled respectfully to the white paper that defines Bitcoin, aka BSV.
Core & Blockstream having dismantled the Bitcoin code in BTC, removed many features, such as the alert key, then justified without any basis to change the protocol in useless and terribly expensive upgrades, such as Segwit, Segwit2X, LN, Liquid, and now Taproot, justifying gaps to be filled .... This has allowed them all to pay themselves huge salaries over the years, providing so-called solutions to limitations that they themselves created, which openly generate conflicts of interest and other ubiquitous facts.
This is how people and other consortia of companies with common economic interests would have you believe that BTC is Bitcoin, even though this is technically no longer the case since before 2017. BTC is a fraud, nothing more and nothing less.
Although BSV continues to be ignored by the industry (fear), yet #BitcoinSV goes much further technically than any public or private blockchain. In the long run, utility will overtake capitalization, if flippenning occurs at some point in the future it could be immeasurable.
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👨🎓 “Taproot on Bitcoin” by sCrypt - Yup, #BSV is the real Bitcoin
“Taproot on Bitcoin” by sCrypt in 20 minutes https://link.medium.com/WNQugqME4ob #BSV can do in 200EUR what’s taken Lightning Labs team 4 years to do on #BTC
“Taproot on Bitcoin” by sCrypt in 20 minutes https://link.medium.com/WNQugqME4ob #BSV can do in 200EUR what’s taken Lightning Labs team 4 years to do on #BTC
Here is another proof that #BSV is the real Bitcoin
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💼 Where is BSV going ... the solution is just mathematical 😀
Where is BSV going ... Here is one of the proactive solutions - 👀 - #scaling with #BSVblockchain 🏆
Source: https://twitter.com/Dr_CSWright/status/1502252828542263304
It started, slowly but surely
Source: https://bsvdata.com/applications
Only one is Bitcoin scaling, is #BSV - DYOR stats
Stats refresh every 24h - source: https://bitinfocharts.com/cryptocurrency-charts.html
🤯 it's time to change the world !
Bitcoin (BSV) proposes a "transaction-based" model for online communications, where data remains sovereign to the user who created it, and access rights to that data depend on the user's choice.Where is BSV going ... Here is one of the proactive solutions - 👀 - #scaling with #BSVblockchain 🏆
Source: https://twitter.com/Dr_CSWright/status/1502252828542263304
It started, slowly but surely
Source: https://bsvdata.com/applications
Only one is Bitcoin scaling, is #BSV - DYOR stats
Stats refresh every 24h - source: https://bitinfocharts.com/cryptocurrency-charts.html
🤯 it's time to change the world !
This affects the ability of dominant platforms to spy on and harvest user data, as well as the ability to use that data for targeted (and often highly personalised) advertising. Since these are also major sources of revenue for companies, Bitcoin's transaction model would instead revolve around nano and micro transactions based on content and functionality. Twetch and Relica are two existing examples on social networks.
Free" applications like Twitter and Facebook seem less free when users realise how these companies monetise the data they upload - creating detailed digital profiles of individuals, their friends and contacts, shopping habits, even family and health information.
More info? Check https://bitcoinsv.com/ & https://coingeek.com/bitcoin101/
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