Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

Bitcoin SV (BSV): Scaling at Record Levels, with More to Come

Published

on

Reading Time: 2 minutes

 

They said big blocks weren’t possible on Bitcoin but Bitcoin SV (BSV) has already proved that to be wrong. Many are scared of BSV’s tech because it is simply superior to that of other coins and so are trying to distract the mission with personality-based business decisions but BSV is now on track for proving the naysayers wrong with technical advancements: in July, it raises its block cap to 2GB (that’s 2000 megabytes!)

nChain’s Director of Engineering Steve Shadders, who also serves as Technical Director for the Bitcoin SV Node team, announced on April 17 that the BSV client software will raise its default block cap from its current 128MB to a commanding 2GB in July. This ambitious plan comes after the BSV chain recently mined (in late March) two 128MB blocks, hitting the current block cap. 2GB blocks will enable thousands of transactions per second and rival legacy payment systems; it would also support advanced enterprise applications on BSV. Scaling matters for a blockchain to serve global business, and BSV is the only blockchain project that massively scales, right now.

In addition to raising the block cap to 2GB, the roadmap plans for an almost complete return in February 2020 to the original Bitcoin protocol so the “Satoshi Vision” of Bitcoin’s creator can be fully realized without artificial limits. he full scaling roadmap for BSV, the coin and blockchain that does it all, can be read here: https://bitcoinsv.io/2019/04/17/the-roadmap-to-genesis-part-1/

Jimmy Nguyen, Founding President of Bitcoin Association (which advances the BSV ecosystem) commented: “We will not be derailed from our goal of creating a workable, fast, low transaction fee Bitcoin network that can scale beyond the likes of VISA and can also support enterprise applications as the single global blockchain. BSV is proving this can be done and we now have a road map to achieve what Satoshi Nakamoto envisioned all along.”

Advertisement

For those wanting to hear about the only blockchain that can massively scale, come to the CoinGeek Conference in TorontoMay 29th-30th 2019.

 

SOURCE Bitcoin SV

Blockchain

Global Collaboration and Elite Team Drive: TwyAe Advances into the New Era of Crypto Finance

Published

on

global-collaboration-and-elite-team-drive:-twyae-advances-into-the-new-era-of-crypto-finance

TwyAe Exchange

Continue Reading

Blockchain

Frontiers of Fintech: Innovative Practices of SILEGX Exchange

Published

on

frontiers-of-fintech:-innovative-practices-of-silegx-exchange

SILEGX Exchange

Continue Reading

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

Published

on

bybit-expands-bbsol-yield-opportunities-through-strategic-defi-partnerships
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE