Bitcoin SV Shatters 1GB Block Size in Testnet - Seite 2

Bitcoin Association Founding President Jimmy Nguyen also had something to say about the test. "Big blocks, big businesses," he began, focusing on the ultimate end goal of bigger blocks. "With these impressive test results, Bitcoin SV continues its path to massive scaling to become the global enterprise blockchain – just like Bitcoin's creator Craig S. Wright (Satoshi Nakamoto) always intended."

Remarking on how other so-called Bitcoin developers, like the BTC team, have strayed, Nguyen noted, "The other projects which claim Bitcoin's mantle have abandoned that vision, but we are building the original Bitcoin every day now on Bitcoin SV."  

The developers behind the BSV also had plenty to say about this recent success. Daniel Connoly, BSV's lead developer, wrote: "These achievements show that we're on the right path with our improvements to the node implementation, but more importantly, they show that Bitcoin, as originally designed, scales."

Steve Shadders, BSV's technical director, wanted to celebrate the successes of the team, and what this means for Bitcoin's future. "I congratulate the Bitcoin SV team for exceeding expectations once again," he began. "For me the most exciting metric captured in this test is the block transaction fees. For the first time ever we have seen a block where the transaction fees collected exceeded the block reward. This means Bitcoin is finally becoming the Bitcoin that Satoshi envisioned, driven and incentivised by transaction fees. We are entering a new paradigm not only with the advent of data use cases but also in the fee driven behaviour of miners."

Finally, Kristensen wanted to thank the efforts of the SV Node team, who made this possible with their hard work and professionalism. "A truly commendable effort was put in by Steve, Daniel and the rest of the SV Node team, their work is world class and the rigorous QA and testing their code is put through shows in the results we achieved today," he wrote. "Part of the 0.2.0 release to make this possible included a hard fork on the STN chain, which went through without a hitch or "lost" transaction."

This massive news is a yet again a testament to BSV's ability to scale the blockchain and achieve a new vision for the world's money and data. If you want to join in on the celebration, the CoinGeek Toronto scaling conference is started in less than a week at the Carlu in Toronto. If you haven't already, register now to see other exciting things going on in the world of Bitcoin, and maybe meet some of the people who made this success possible.

Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.

Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world's new money and enterprise blockchain.

Logo: https://mma.prnewswire.com/media/803908/Bitcoin_SV_Logo.jpg