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BSV Association begins technical testing of Teranode
The BSV Association (BSVA) is today announcing technical testing on Teranode, the watershed blockchain upgrade that will allow the BSV Blockchain to operate at upwards of 1.1 million transactions per second (TPS).
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BSV Blockchain Capabilities Set to Break Boundaries in 2024 with Latest Teranode Innovations
Today, the BSV Blockchain’s Research and Development team announced groundbreaking features for Teranode that will significantly boost network efficiency and speed, pushing BSV’s capabilities to one million transactions per second in the not-too-distant future.
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The power of overlay networks: Tokenisation and beyond
Overlay networks enable the creation of advanced transaction models and extend the capabilities of the Bitcoin network. Let’s explore the potential of overlay networks and their applications beyond cryptocurrency.
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Time-locked DFAs
In the second session on day two, Dr Wright asked attendees to think of ways to use time-locked Deterministic Finite Automata (DFAs) to create processes for creating products or services. This included everything from shipbuilding and construction to issuing degrees.
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Ordering transactions
In the first session on day two, Dr Craig Wright discussed the concept of ordering transactions and having path-based sessions. He also discussed some of the practical use cases for nLocktime.
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Workshop on nLocktime transactions and Bitcoin
In the final session on day one, attendees were asked to split up and brainstorm how nLockTime transactions and Bitcoin contracts could be used in real-world use cases.
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Conflicts with alternative nLockTime
In the third session on day one, Wright discussed the potential complexity of contracts on Bitcoin and how to handle situations where time-based transactions might conflict.
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nLockTime vs other solutions
In the first session on day one, Wright discussed the differences between nLockTime and some of the alternative solutions on BTC and why these differences are so important.
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Monitoring transactions across multiple systems
Dr Wright began the second day by discussing the monitoring of transactions across multiple systems and linking these to a single user.
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The Bitcoin Masterclass (London) Day 1: How party-to-party transactions work on the blockchain
Dr Craig S. Wright, Chief Scientist at nChain, recently held the first of his Bitcoin Masterclasses at an exclusive venue in London. The fourth session focused on how party-to-party transactions work on the blockchain.