TAAL.com Mines Historic Block to Lock in “Genesis” Protocol Update of Bitcoin SV Network - Seite 2

A summary of changes made in the Genesis update, authored by the Bitcoin SV Node team at nChain Ltd, is available here: https://bitcoinsv.io/2020/01/15/changes-for-the-genesis-upgrade/. In short, Genesis unlocks many technical capabilities that were always possible in Bitcoin making it easier for engineers and developers to build innovative applications on the Bitcoin blockchain  that leverage micropayments, data interchange, on-chain data storage. 

“Now that full capabilities of Bitcoin script have been unlocked we look forward very much to seeing what application developers will begin to do with that capability.  This is the beginning of Bitcoin becoming what it was always meant to be.”  Steve Shadders, CTO of nChain and Technical Director of the BSV Node Team.

About TAAL Distributed Information Technologies Inc.

TAAL is a Canadian based technology company engaged, through its subsidiaries, in the business of operating, managing and developing cloud computing data infrastructure and system technology to support global blockchain applications related to Bitcoin SV, Bitcoin Core and other SHA-256 based digital assets.

For further information contact:

Angela Holowaychuk
President and Chief Executive Officer
Telephone: [phone]

The CSE accepts no responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes "forward-looking information" as defined under applicable Canadian securities legislation. Forward‐looking information and statements include, but are not limited to, disclosure regarding possible events, that are based on assumptions about future economic conditions and courses of action, statements with respect to the anticipated benefits, if any, effects, performance, capabilities or importance to TAAL or otherwise of TAAL’s upgrade to the Bitcoin SV Node mining software to support the Genesis hard-fork protocol network upgrade (including with respect to the effects on the Bitcoin SV blockchain and the blockchain industry), statements with respect to a transaction-based economy for Bitcoin miners and the statements of the CTO of nChain and Technical Director of the BSV Node Team, and, in certain cases, can be identified by the use of words such as "expects", or variations of such words and phrases or statements that certain actions, events or results "may" or "will", or the negative forms of any of these words and other similar expressions.