The thread moves very interestingly. I think you should first explain what happened in SV in the last period. I also find it difficult to understand the relevance of many projects with SV.
https://coingeek.com/jimmy-nguyen-bitcoin-sv-is-about-a-viable-blockchain-ecosystemBitcoin Association Founding President Jimmy Nguyen is often found globe-trotting, and spreading the good word about Bitcoin. He recently attended the Paris Blockchain Summit 2019, and while there, he sat down with Erhan Korhaliller, founder of EAK Digital, to discuss the history of Bitcoin, and its rebirth as Bitcoin SV (BSV).
Nguyen began by explaining what went wrong with the Bitcoin protocol, and specifically the hijacking of it by developers like Blockstream. They pursued what has become Bitcoin Core (BTC), which has resulted in consistently high transaction costs anytime the blockchain sees reasonably high volumes. Then once Bitcoin Cash forked from it in an attempt to return to the Satoshi Whitepaper, the Bitcoin ABC team decided they wanted to make changes to the protocol, and eventually ended up with BCHABC.
Nguyen explains, “Should the Bitcoin protocol constantly be subject to developer experimentation?… our answer is no! The Bitcoin protocol has everything it needs to grow into a massively scaled blockchain.” BSV was born as a result, in an effort to return to that original vision.
Asked about the plans for BSV and what’s in the works, Nguyen lays out the scaling plan as it should have been all along:
“Later this year, we’re going to 512MB [blocks], and then we’re going to 1-2GB, on a path to one day a vision for terabyte sized blocks, so that our vision is ultimately the bitcoin blockchain is the world’s data ledger, that powers also the internet. So it’s not just a payment transactional system, it is the data ledge for all world enterprise.”
That scaling is necessary, he explains, to gain the interest of big enterprises, who have not shown a big interest in BTC with its smaller blocks.
They also discussed the new FloatSV, which will look to be the first BSV-based exchange with a goal of delivering real world assets, and avoid many of the pitfalls that other exchanges have fallen into of allowing investors to gamble on total gambles and scams.
Touching on a hot topic recently, Korhaliller asked if Nguyen believes Dr. Craig Wright really is Satoshi. Although he is, Nguyen points out that it really doesn’t matter if Wright is the man himself, because the promise really is in the technology of BSV.
Regardless, he defended Wright’s strategy of taking his trolls to court, because we all have the right to not be called a fraud and prove it not the case. “He’s decided to take a stand. Not everyone agrees with that, but I respect his decision to invoke his own personal legal rights, just like any of us would have the right to do if we chose to invoke them,” Nguyen explained.
When the discussion turned to the recent actions of some exchanges, choosing to delist BSV over Wright’s reputation, Nguyen commented on how sad it is for the larger digital currency industry. He pointed out that if the same thing happened with Elon Musk, there was no way Tesla would be delisted by major exchanges. It unfortunately shows how immature some of the industry still is.
Those days will come to an end, Nguyen remarks. Exchanges that treat cryptocurrencies like a casino will die out as one asset emerges to dominate the industry, and regulators start to step in. When asked what he would say to CZ, the founder of Binance, Nguyen responded, “I would say thanks for the business you’re sending to other exchanges who actually believe in Bitcoin SV.”
For any fans of BSV who might be worried about recent news, Nguyen points out that this is a long game, and they bought in for the vision. “We are not trying to pump and dump like other coins do. We’re not promising you’re going to get rich quick… We care about building an actual, viable, valuable blockchain ecosystem,” Nguyen said.
They then covered a few rapid fire questions. Nguyen conservatively guesses that BSV can reach $500-$700 per coin by the end of 2020. He didn’t want to guess at a total market cap for the industry, due to so many coins inflating the value with worthless propositions. He believes “Bitcoin can subsume the internet,” if allowed to. And finally, “Craig Wright can actually be a very nice person. Deep down underneath that grizzly exterior of his, there’s actually kind of a sweetheart in there.”
Korhaliller ended by asking what happens to BSV if the Lightning Network somehow helps BTC scale. Nguyen noted that it’s a bit of a trick question, since that’s not a scaling solution, and doesn’t represent what Bitcoin should be. “While other blockchain projects might succeed in parts, here or there, I don’t think anyone has anywhere as near of a grand Satoshi Vision as we do,” he concluded.
Bitcoin SV – everything you need to know
If you are familiar with the crypto space, you must have heard this story of epic resistance. In November 2018, Bitcoin Cash had a hard fork of the network – a radical upgrade splitting the blockchain in two. Two parties representing each side of the chain clashed in the social media war, possibly leading to the market crash.
The two sides were Bitcoin SV (Bitcoin Satoshi Vision or BSV) and Bitcoin Cash ABC (BCH ABC). BCH ABC, led by Roger Ver a.k.a. The Bitcoin Jesus was sticking to the position of not implementing any radical changes to the Bitcoin Cash blockchain. Bitcoin SV and their leader Craig Wright, on the other hand, were promoting increasing the block size from 32Mb to 128Mb.
After the hard fork, both teams started block generation – each of the sides wanted to produce as many blocks as possible to increase the hash rate. In the end, Bitcoin Cash ABC managed to score more and won this battle. However, the hash war was not over just yet…
These are the stories of the past. What we have now are two blockchains. The holders of BCH have two balances – in BCHABC (now Bitcoin Cash) and Bitcoin SV. We have already released a guide on how to get your post-fork coins in Guarda wallets.
Bitcoin SV now exists as a separate entity
>>>> 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.
https://www.youtube.com/watch?v=HwDeFaINI_A&list=PLVxrroVzl2y3OsCVEyJi_UyoFGaS15lMo&index=9Founding 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.
https://www.youtube.com/watch?v=iUGCGhfhh40&list=PLVxrroVzl2y3OsCVEyJi_UyoFGaS15lMo&index=8Founding President of the Bitcoin Association and nChain's Jimmy Nguyen will 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.
https://www.youtube.com/watch?v=WmJ77Ebez3k&list=PLVxrroVzl2y3OsCVEyJi_UyoFGaS15lMo&index=7Founding President of the Bitcoin Association and nChain's Jimmy Nguyen 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.
https://www.youtube.com/watch?v=Cfg6rQaHn0s&list=PLVxrroVzl2y3OsCVEyJi_UyoFGaS15lMo&index=6This week's episode brings us new updates in the ecosystem as BSV finally unleashes the true power of Bitcoin's original design, protocol and Satoshi Vision. bComm Association Founding President Jimmy Nguyen gives us the details.
https://www.youtube.com/watch?v=smcKo62UFiA&list=PLVxrroVzl2y3OsCVEyJi_UyoFGaS15lMo&index=5In this episode, Bitcoin Association Founding President Jimmy Nguyen gives us updates in the 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.
https://www.youtube.com/watch?v=FKSALIY-Rao&list=PLVxrroVzl2y3OsCVEyJi_UyoFGaS15lMo&index=4Bitcoin 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.
https://www.youtube.com/watch?v=wrnQDsytTH8&list=PLVxrroVzl2y3OsCVEyJi_UyoFGaS15lMo&index=3Bitcoin Association Founding President Jimmy Nguyen shares the big developments in Bitcoin SV this week that will be forever etched in crypto history.
https://www.youtube.com/watch?v=gbw9UHCdfk4&list=PLVxrroVzl2y3OsCVEyJi_UyoFGaS15lMo&index=2Bitcoin Association Founding President Jimmy Nguyen shares the newest developments in the BSV ecosystem from the beautiful Caribbean island nation of Jamaica! Watch as he shares the latest scaling news, why big blocks on BSV are important to sustain Bitcoin mining profitability, KPool, D://Protocol, The White Wallet, and Centbee.
https://www.youtube.com/watch?v=tGvxFx1jbcc&list=PLVxrroVzl2y3OsCVEyJi_UyoFGaS15lMo&index=1Bitcoin Association Founding President Jimmy Nguyen rounds up the latest developments and projects that closed a winning week for the Bitcoin SV community.
https://www.youtube.com/watch?v=gT9ouhSZIYAComplet playlist:
https://www.youtube.com/channel/UCp6db-jgWGe5Ws35bRbI6Ig/playlists>>>>> The roadmap to Genesis: part 1: https://bitcoinsv.io/2019/04/17/the-roadmap-to-genesis-part-1
D://Protocol:
https://www.bsvdevs.com/index.php?option=com_jvld&Itemid=1650&view=detail&lid=104Bottle, a Bitcoin browser
https://bottle.bitdb.network/b:// protocol – Chrome plugin
https://chrome.google.com/webstore/detail/b/eonhdpmmjdekgnmcnpojchndohaeonci/Blockchair:
https://blockchair.com/bitcoin-sv/nodesBSV 101:
https://bsv101.comMetalens extension:
https://metalens.allaboard.cash/Play Bitcoin SV:
https://playbitcoin.cash/Bitgraph:
https://bitgraph.network/Python BSV Wallet SDK:
https://pypi.org/project/bitsv/MoneyButton's Developer Documentation Series:
https://docs.moneybutton.com/Bitcoin SV security audit:
https://coingeek.com/bitcoin-sv-team-fixes-vulnerabilities-that-affected-multiple-bitcoin-blockchains/GoURL:
https://gourl.io/ElectrumSV Wallet:
https://electrumsv.io/BitcoinMeetup.net:
https://bitcoinmeetup.net/RelayX:
https://relayx.io/wallet:
https://guarda.co/Utility for Devs:
https://www.bsvdevs.com/Teranode:
https://nchain.com/en/open-source-projects/EDI to BDI:
https://nchain.com/en/blog/bsv-peer-to-peer-web-payments-and-bookkeeping-new-visions-for-bitcoin-from-dr-craig-s-wright/Bitcoin SV (Satoshi Vision) is the original Bitcoin releases source code:
https://github.com/bitcoin-sv/bitcoin-sv/releases