Category Archive : Bitcoin SV

Brandon Bryant talks why HandCash is going to be the Nintendo Wii of Bitcoin wallets

Brandon Bryant knew from back in his college days that he wanted to get into the world of digital currencies. This was way before the industry exploded in 2017, and back then, not many knew of Bitcoin. His love for Bitcoin remains just as strong after all these years, and in a recent podcast appearance, he discussed why he chose BSV, his journey as a Bitcoin developer, and how he’s building for the future at HandCash.

After leaving school, he shopped around for a big corporate job where he could explore his love for Bitcoin more, but these big companies ‘had no vision for it.’ This was back before Bitcoin became ‘cool’ and global giants started piling in.

Bryant ended up getting a job at a local startup known as Anypay, which “did crypto payments in real life, and it was the coolest thing ever.”

“We onboarded all of my hometown and I basically lived my days walking around paying in crypto,” the backend engineer at BSV wallet HandCash recalled in an appearance on the High Altitude Investing podcast.

At Anypay, Bryant handled many digital currencies, from BSV and BTC to Ether and Dogecoin.

“So I got a lot of experience working with each chain, and I fell in…

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BSV Global Blockchain Convention to tackle blockchain mining and energy innovation

Legislators, the general public, and environmentalists are concerned about the amount of energy blockchain mining consumes. They point out that proof of work (PoW) mining consumes more energy than some countries yearly. These arguments have led to lawmakers proposing bans on PoW mining, but it has also led to blockchain miners acknowledging the problems within their industry and innovating to make PoW more energy efficient than it currently is.

The blockchain mining and energy innovation panel on May 26 at the BSV Global Blockchain Convention in Dubai will explore blockchain mining and the energy consumption issues that surround it as well as the innovations taking place that are allowing miners to become more energy efficient than they currently are.

The panel will feature four experts in the blockchain mining world: moderator Patrick Thompson, the associate editor for North America at CoinGeek, along with panelists Alex DeVries, the founder of Digiconomist and creator of the Bitcoin Energy Consumption Index; Richard Baker, the CEO of TAAL; Professor Robert Lee, the founder of International Blockchain Economy and Blockchain DBA as well as the founder of 518 Blockchain…

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Gate2Chain is all for mainstream adoption

Digital currencies, blockchain, and regulations are hot topics in the fintech industry today. NFTs have become quite a common occurrence, and several countries have while the rest are planning to launch their central bank digital currencies (CBDCs). Investors, traders, and developers occupy most real estate in the digital currency space.

In our recent conversation, Gate2Chain Co-Founder and COO Joe Holles de Peyer shared his insights on security tokens, NFTs, content creation on-chain, the growth chart of Gate2Chain, and the upcoming BSV Global Blockchain Convention in Dubai. Gate2Chain is the Platinum Sponsor of the blockchain convention taking place May 24-26 this year.

Can you give us a brief overview of what your company does?

Joe Holles de Peyer: We build software to make blockchain easy for solving real-world problems. We have a set of tools for empowering builders, the main one of which is the G2C Development Suite and to allow them to harness the vast latent potential of the medium. And another set for empowering content creators, with Minta a Social Marketplace where people and companies can open accounts to mint tokens and connect directly with their audience.

Can…

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Joshua Henslee talks about the debt-based money system and how ‘crypto’ sold out

A topic of great interest to many in the digital currency industry is how the debt-based money system works and how Bitcoin might change it. In a recent video, BSV developer Joshua Henslee talked about it at length.

Thoughts on the debt-based monetary system and debt in general

Henslee gives a high-level overview of the Federal Reserve, central banks, and how the debt-based money system works. He explains how for most people, this system is somewhat like indentured servitude; most people accumulate debt and work a lifetime to pay it off with interest. He emphasizes that he’s not saying debt is wrong but is simply stating the fact that this system leads most people to a life of paying off debt, which he likens to future claims on their time.

Henslee looks at a few famous quotes about central banking, including “let me issue and control a nation’s money, and I care not who makes its laws,” by Mayer Amschel Rothschild. In his view, Rothschild knew that central banks could do whatever they wanted, including inflating the money supply, and that the majority of the public would remain oblivious. That said, he says he has noticed that more people are waking up and becoming…

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Tamper proofing line of business apps

Make certain that your business-critical data maintains its integrity whilst being securely stored on multiple copies of the BSV blockchain

Immutable storage of data is critical for some organisations—including financial institutions—who require that once created and stored online, the data cannot be modified or erased by anyone. Tamper-proofing ensures that data is protected from modifications, and the immutable BSV blockchain is perfect to store this critical data.

Organisations often need to comply with legislation such as (Commodity Futures Trading Commission) CFTC 1.31 which specifies that electronic records must be kept for five years and must be accessible for inspection throughout the period. FINRA Rule 4511 which specifies that books and records must be retained for a period of time, be ‘non-rewriteable and non-erasable’, and if not otherwise specified, should have a retention period of 6 years. The Securities Exchange Act (SEA) Rule 17a-3 specifies how long records and documents relating to a broker-dealers business must be kept.

There are many other businesses who have similar requirements for document retention and storage—so that documents can be…

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Ayre Venture’s Paul Rajchgod says ‘unshackled’ BSV leads the way with utility

Blockchain technology has become the so-called “news of every block” in the fintech industry. Several individuals and groups are building businesses on the BSV enterprise blockchain, and all of them thrive on resources, including adequate funds, to facilitate, enhance, and grow their businesses. Paul Rajchgod, Managing Director of Ayre Ventures, a global investment group that funds these businesses and technologies, shares his insights about investors’ profiles, challenges, and pace of adoption related to blockchain technology. Ayre Ventures is one of the headline sponsors of the BSV Global Blockchain Convention taking place in Dubai on May 24-26.

2022 marks a big year for Bitcoin and blockchain industry. Ayre Ventures was at the CoinGeek Zurich in June 2021 and New York in October 2021, and there have been numerous developments at the venture capital firm since. When asked what’s new with Ayre Ventures, Rajchgod said: “We have closed investments into several companies that we’re excited about, including Satoshi Blockchain Dojo, mintBlue, and RAD, as well as reinvesting in several of our existing portfolio companies with further funding. Satoshi Blockchain…

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CoinGeek Weekly Livestream: A special episode on the BSV Global Blockchain Convention

The BSV Global Blockchain Convention is now just days away, and the excitement is palpable across the Bitcoin SV ecosystem. On this week’s CoinGeek Weekly Livestream, the event was the main topic of discussion, with host Kurt Wuckert Jr. and CoinGeek’s Patrick Thompson sharing their expectations and some of the panels they will host.

The conference will be held at the Grand Hyatt Hotel in Dubai, and for many attendants, it will be their first time in the Middle East. It can get quite hot in Dubai, with May being one of the hotter months where temperatures hit highs of 38°C (100.4°F). For those not used to the hot weather, the plan is to stay indoors as much as possible, Patrick believes.

Kurt and Patrick will be very much involved with the event and will host several panels, with Kurt even appearing as a guest panelist on a panel to discuss blockchain mining on Day 3. Patrick will also be hosting CoinGeek TV sessions twice a day, where he will be talking to some of the industry’s thought leaders about their experience at the event. In addition, he intends to shoot a number of ‘More Than Money’ episodes with some of the guests who will attend the event.

The two…

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Sam Bankman-Fried is wrong again

As the digital currency industry begins to emerge from the rubble of the LUNA/UST implosion, Sam Bankman-Fried, whose FTX exchange sold both tokens, has emerged to tell the Financial Times that Bitcoin has no future as a payments network. While his criticisms may be true of BTC, they’re not true whatsoever of Bitcoin. Let’s explore why.

What did Bankman-Fried tell the Financial Times?

Bankman-Fried said that Bitcoin has no future as a payments network for two reasons:

  1. First, he said that Bitcoin is not capable of scaling up to handle millions of daily transactions.
  2. Second, he took aim at environmental concerns related to proof of work (PoW) and pointed to proof of stake (Pos) as a suitable alternative.

Unfortunately for Bankman-Fried, both statements are demonstrably false.

Bitcoin does scale, and BSV proves it

Let’s address the first lie told in his FT article: that Bitcoin can’t scale to handle millions of daily transactions. BSV, which is Bitcoin unshackled and restored to its original design, has already proven that it can. The BSV blockchain handles millions of daily transactions, and on record-breaking days, it has handled 20 million transactions without a…

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How to prepare for the BSV Global Blockchain Convention in Dubai

The BSV Global Blockchain Convention is less than one week away. Whether this is your first conference or you are a seasoned vet, you are going to want to prepare.

Over 50 presentations and panels will take place during the three-day convention, and it’s simply not possible to see every one of them, especially if you are carving out time to have meetings and to see people that you may only know through ‘crypto’ Twitter! With so many presentations, speakers, and people attending, you will want to come to the convention with a game plan.

Plan of attack

Make sure you have time to see the presentations that are crucial to your business or project, as well as the presentations containing topics that you find interesting or innovative. Also make sure to set aside time to have meetings and conversations with other businesses or individuals in the blockchain ecosystem that have good insight or that you consider friends.

So how can you effectively accomplish that in only three days?

Set goals for yourself: Before you embark on Dubai, you should ask yourself what you want to get out of the convention. Setting goals for yourself will give you purpose and objectives. Are you…

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How do you maximize Bitcoin mining profitability? TAAL CEO Richard Baker explains

TAAL (CSE:TAAL | FWB:9SQ1 | OTC: TAALF) recently released a conversation between Adrian Brijbassi and CEO Richard Baker about maximizing Bitcoin mining profitability.

Mining all of the Bitcoin blockchains

Brijbassi opens the conversation by asking Baker to explain how TAAL can mine any of the three main Bitcoin blockchains, including BTC Core, ‘Bitcoin’ Cash, and Bitcoin SV, to maximize its profitability.

Baker explains that this is possible because all three are proof of work SHA-256 blockchains. At TAAL, they’ve engineered a node and management network layer called ‘TAAL orchestrator’ that allows them to switch easily between the three chains. It continually monitors factors such as the last block mined, difficulty rate, the price of the coins, and more. This allows them to quickly switch between the three to maximize profitability.

“Over the last 12 months, the yield is $20,000 per 100 petahash, irrelevant of which one you’re mining on,” Baker reveals.

Baker mentions that a quick look at WhatsOnChain or another block explorer reveals greater participation on BSV over the past 12 months. He also explains that there’s $5.4 billion in capital coming…

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