Browse the BSV blockchain: Organic growth on gigabytes of soil
The Bitcoin SV (BSV) blockchain has promised to be a fertile, digital soil for all to build upon. How do you know if a farmland is really growing something? You visit farmland; you check it out yourself. You go there and see what comes out of the soil.
We can do that with the BSV blockchain and simply verify if something happens there or not. Is digital farmland even available? Is anyone hurting?
BSV blockchain calculations: Gigabyte Blocks Confirmed
In 2022 alone, the BSV blockchain has had many four gigabyte blocks mined – full of transactions:
Also, not only the block size is astounding, but also the fact that different miners are working on BSV. As you can see above, it was GorillaPool, TAAL (CSE: TAAL ) (FWB: 9SQ1 ) (OTC: TAALF ), qdlink and SBI Crypto mining these huge blocks. There is no centralization of miners in BSV, as any miner can join and leave at any time.
Even today, we consistently see large blocks being mined on the BSV blockchain:
Digital Earth is ready to watch– who sows, and what grows?
Now let’s look at what’s inside these blocks:
We find that CryptoFights, my2cents, Certihash, Vaionex and many more apps use the BSV blockchain to get their transactions processed. It is worth checking out www.bsvdata.com regularly to get an idea of what is happening at BSV on a daily basis.
However, these statistics do not show everything on BSV – for example, BSV dedicated wallet and Metanet gateway HandCash are not tracked there (I assume for technical reasons). Given the huge number of users HandCash provides services to, it is safe to assume that HandCash will also be among the top 10 applications.
The above is 24-hour data. Yes, in a single day– and the list goes on, by the way:
Other digital assets ecosystems have a hard time finding “farmers”
Other digital assets and digital ecosystems such as BTC and BCH, which falsely claim to be Bitcoin, exhibit a different set of attributes:
As of now, BTC has most of the hash rate, which doesn’t mean much is happening on BTC. Since BTC itself cannot be used for microtransactions due to high transaction fees and small block sizes, the whole purpose seems to be a speculative asset to gamble with.
On the other hand, BCH has no metrics to take seriously as of now, which is why we said BSV brutally dominates BCH a long time ago. If you want a fruitful blockchain, you should look for transactions because transactions are human interactions, as in economic activity.
Bitcoin inventor Dr. Craig Wright stated in his article The Vision for Bitcoin:
I have a vision of a system that scales to billions of transactions per second.
I have a vision of a system that is open to everyone globally.
I have a vision of a system that costs no more than a thousandth of a cent for a standard 250-byte transaction, wherever you are in the world and whatever you’re doing.
I have a vision of a system that is fully traceable and operates within existing legal structures.
Lately, Dr. Wright has been busy explaining the benefits of a combination of BSV and IPv6, supported in this effort by Latif Ladid, the president of the IPv6 Forum. Ladid actively promotes the integration of IPv6 with the BSV blockchain and points out that only an unbounded, low-cost network protocol like BSV can serve as a ledger for an IPv6 world.
BSV blockchain and the coming autumn
There is so much happening at and with BSV right now. For example, Vaionex implemented BSV payments in Counter-Strike. BSV wallet CentBee enables BSV payments to African bank accounts and more. Bitcoin Association for BSV launches its Blockchain Innovation Program encouraging people to become Bitcoin developers.
Famous economist George Gilder described Bitcoin SV (BSV) as the epitome of the information economy, publicly endorsed Dr. Craig Wright, and also said:
Satoshi’s vision is now manifested in a transaction level that dwarfs that of BTC. Everyone is focused on the market value of Bitcoin (…), but you advance by inventing new things, using money as a measure of your own achievements. And Bitcoin SV is now taking off in the transaction field.
The BSV blockchain is open to miners, developers and users. I consider the BSV blockchain to be gigabytes of earth; you can digitally sow and grow digital things on it. BTC’s entire digital gold narrative crumbles if you consider BSV’s measurable growth. What do you prefer: so-called digital gold or real digital earth? Guess what happens after sowing on the ground – the harvest.
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See: The presentation of the BSV Global Blockchain Convention, BSV Blockchain: A World of Good
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