Author: Jasmine Solana

Regulator seeks to ‘bring together’ Singapore’s crypto operators, banks

Singapore’s financial regulatory body, the Monetary Authority of Singapore (MAS), has taken it upon itself to “bring together” cryptocurrency companies and the banks, following complaints from crypto operators about the difficulties in setting up bank accounts in the sovereign city state, Bloomberg reported.

In an interview with the news outlet, MAS Managing Director Ravi Menon said the goal of the agency—which also operates as the country’s central bank—“is to bring the banks and cryptocurrency fintech startups together to see if there is some understanding they can reach.”

The Monetary Authority of Singapore may be willing to help crypto startups, but Menon clarified that the financial regulator will not be attracting crypto startups to Singapore using “an extremely lax regulatory environment.” According to Menon, banks are treading carefully in dealing with cryptocurrency exchanges and firms whose nature “is a bit different,” which means “banks may need to employ other ways in which they can establish bona fide.”

“I hope we can bring minds together on this so we that we can get over this hurdle,” Menon said, according to the report.

Singapore is working towards developing its financial technology sector as a means of creating jobs. The country, however, taking a cautious approach when it comes to the cryptocurrency industry, although Menon pointed out that its regulatory system is different from China—which bans crypto activities outright—and Japan, which has adopted a more welcoming approach to the nascent sector.

In Singapore, cryptocurrency activities fall under three categories: the first are utility tokens, which are used for purposes like payments, and therefore need “hardly any regulation.”

Digital tokens make up the second category, and these are governed by the Securities and Futures Act (SFA), according to Menon. Currently, only few initial coin offerings (ICOs) have made it to second category, since “most of them are careful to steer clear” of the line lest they incur “the full weight of the SFA.”

The third group, according to Menon, is composed of payment tokens like “highly risky” Bitcoin due to its price swings.

Menon explained, “If they are not security, then we don’t have a problem with it. We’ve seen quite a lot of ICO activity that is not security related. And there’s a lot of interesting business models out there trying to raise capital in interesting ways, which as far as the consumers are aware of what these are, we have no issues.”

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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Alexander Shulgin joins bComm Association as founding director

Musician turned cryptocurrency investor Alexander Shulgin has joined bComm Association as a founding director.

The multi-awarded Russian Siberian composer, with more than 50 No. 1 hit songs, is probably best known for “successfully walking the line between rock and classical music.” After the fall of the Berlin Wall, however, Shulgin has spread his wings, becoming an entrepreneur and investor in new technologies.

Shulgin currently manages Gruppa Kompaniy Familia, which specializes in investments in blockchain technology, new media, publishing, and entertainment sectors. The 54-year-old is considered one of the global experts in topics such as Transformation of Global Economy, Creative Economy, blockchain tech, and media, entertainment and sports (MES) sector, and takes part in exhibitions and conferences around the world.

Now, the world-famous Russian composer, not to mention Russia’ most prolific investor in new technology, adds a new feather to his cap—becoming a founding director of the bComm Association, a global network that brings together merchants, developers, miners and exchanges in the Bitcoin BCH community creating the first dedicated platform for bCommerce.

Shulgin joins other bComm Association founding directors: nChain CEO Jimmy Nguyen, Rawpool founder David Li, and Ayre Media Europe General Manager Emmanuel Duran Campana.

All founding members are leaders in various areas of the BCH community; however, the membership is open to more than BCH proponents and businesses. The bComm Association is free to join and open to all crypto enthusiasts and laypeople who want to learn and explore Bitcoin BCH with the hopes of bringing people together and facilitate communication.

Interested in learning more about bComm Association and Bitcoin BCH? Meet with the founding members at the upcoming CoinGeek Week Conference, happening in London on Nov. 28-30, and learn more about how you can help spread the adoption of crypto as a legitimate alternative to fiat currency. Tickets to the three-day conference are still available via Eventbrite.

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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London Bitcoin Cash Speaker Series II returns on Oct. 25

The Bitcoin Cash Speaker Series is back, and it promises to be better than ever.

On Oct. 25, members of crypto community will gather again in London for another evening of discussions on the developments in the Bitcoin BCH ecosystem. According to event co-organizer Cryptartica, one of the goals of the London Bitcoin Cash Speaker Series II—the follow-up to the first Speaker Series event in July—is “to nurture the local BCH community in London.”

Among the lineup are Kenneth Haugaard, director of business development at CoinGeek, and Gabriel Cardona, senior BCH developer at Bitcoin.com and founder of BitBox, who will discuss how their companies and projects are helping spread Bitcoin BCH adoption.

Martin Dempster, VP of innovation at BrewDog UK, will also speak about the company’s experience in adopting BCH. The bar will be accepting Bitcoin BCH as payment at its Canary Wharf bar starting Oct. 19, but BrewDog is looking at expanding its BCH acceptance beyond just that location. On its website, the company said, “[W]e hope to eventually roll out this way of paying into all of our UK BrewDog Bars.”

The second half of the evening will see the focus of the discussions shift towards wallets. Alex Agut and Rafael Seibane, founders of HandCash, will talk about their journey towards creating a user-friendly wallet. In an interview with CoinGeek, Agut said the goal of HandCash is to create a Bitcoin BCH wallet that works the same way as cash would.

“Already, using Bitcoin Cash is an incentive. Because of low fees and instant transactions, they are more reliable and so we are working on a very, very secure zero-confirmation protocol so merchants can be secure that all the funds are in place and they get the money,” Agut said.

Alejandro de la Torre, VP for business and operations at BTC.com, will close the night.

The London Bitcoin Cash Speaker Series II is co-organized by Cryptartica and CoinGeek, and supported by partners Bitcoin Cash Association (BCA) and Bitcoin.com. The event will take place on Oct. 25 at Huckletree, located in the trendy Shoreditch ditch, from 6 p.m. to 9 p.m.

The event is free, but RSVP is required given the limited space. Register here and secure your seat now.

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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Foxconn-backed Ennoconn to assemble Squire’s next-gen mining rigs

Canadian Securities Exchange (CSE)-listed public company Squire Mining Ltd. revealed on Thursday that it has tapped Taiwanese firm Ennoconn to be the hardware manufacturer for its next-generation systems that will mine Bitcoin Cash (BCH), as well as other associated cryptocurrencies.

Squire, via its subsidiary AraSystems Technology Corp., initially entered into discussions with Ennoconn in August. Under the resulting deal, Ennoconn will assist in the design and assembly of Squire’s mining rig after a working prototype of the company’s application specific integrated circuit (ASIC) chip is completed, according to the company.

Ennoconn is an industrial motherboard designer and total hardware solution provider listed on the Taiwanese Stock Exchange. It counts multinational electronics contract manufacturing company Foxconn Technology Group as its major stockholder, which manufactures for such globally renown brands as Apple, Sony, Sharp and Microsoft.

Last week, Squire completed and tested its FPGA working prototype, which confirmed the original design specifications and indicate that the completed ASIC chip should be capable of delivering a projected hash rate of 18 to 22 terahash per second (TH/s) with an energy consumption of between 700 and 800 watts—meaning the final chip and mining rigs have the potential to reduce operational costs by up to 40% for enterprise mining facilities.

Now, Squire has entered into a binding Memorandum of Understanding with Ennoconn, a deal that will see the Taiwanese firm start the Phase 1 design and development of the mining rigs. According to Squire, its engineers are already working with Ennoconn to design and develop the crypto mining rigs, which, together with the final ASIC chip, are expected “to provide up to a four times improvement in the performance of mining the blockchain, a process that enables miners to be paid, thereby increasing the return on investment, and profit, for miners.”

Tech giant Samsung Electronics will manufacture the ASIC chips in South Korea. The pilot production test run of Squire’s debut ASIC chip for Bitcoin BCH is expected to be completed before the end of 2018 with the fully operational mining rig to be completed in the first half of 2019. Squire will then deliver the ASIC chips and mining rigs to associates of Bitcoin BCH’s largest mining company, CoinGeek.com, who have the exclusive right to market, promote, solicit, sell and distribute Squire’s new ASIC chips and mining rigs to Bitcoin BCH and other altcoin miners throughout the world.

“As we launch our next generation mining rig with a suite of proprietary innovations, it’s imperative that our manufacturing partners have the talent, experience and capacity to not only deliver unique hardware, but also deliver best in class quality. We believe Ennoconn will help ensure the production of an exceptional mining rig for the marketplace,” said Simon Moore, executive chairman and CEO of Squire, in a statement.

A prototype of Squire’s mining rig, along with the full specifications of the ASIC chip, is planned to be unveiled at the CoinGeek Week Conference in London on Nov. 28-30. Pre-sales are expected to start on or around that date.

Miners are invited to the CoinGeek Week Miners Day, taking place on 27 November 2018 as part of the CoinGeek Week Conference, to meet with the CoinGeek team and discuss how this next-generation ASIC miner can improve their business

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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SVPool mines first Bitcoin BCH block

This week marks a milestone for public Bitcoin Cash (BCH) mining pool SVPool, which officially mined its first Bitcoin BCH block on Wednesday.

At 2:12 p.m. UTC on Oct. 10, a 7.15MB block was mined at block height 55185, which accounts for 25 transactions. Data available on Coin Dance and Bitfire have yet to officially identify SVPool as the miner behind the transaction, but the Coinbase pay-to address is that of SVPool.com.

SVPool mines first Bitcoin BCH block

A personal initiative of nChain Chief Scientist Dr. Craig Wright, SVPool is currently on a by-invitation only beta launch until late October. After that, SVPool will open up to the public. You can still sign up here for the mining pool.

At press time, hundreds of mining registrants around the world have already signed up for SVPool—a huge jump from the 233 miners that pre-registered in September. Majority of these miners are from the United States, China, United Kingdom, Canada, Australia, and India. The mining pool also has miners from Spain, South Africa, Brazil, Germany, South Korea, Japan, Malaysia, Sweden, Venezuela, Russia, Switzerland, and the Netherlands, among others.

SVPool offers an initial Pay-per-last-N-Shares (PPLNS), but it is already working towards adding more features and Pay-per-share plus (PPS+) options by November.

SVPool is managed by CoinGeek Mining, and will help and remunerate miners—large or small—to ensure BCH remains a truly trustless and decentralized system. The public mining pool stands in solidarity with CoinGeek in the belief that BCH is the only true Bitcoin that fulfills that Satoshi Vision.

Incidentally, miners are also invited to the CoinGeek Week Miners Day, taking place on 28 November 2018 as part of the CoinGeek Week Conference in London, where the SVPool and CoinGeek team will be on-hand to discuss how you can help Bitcoin BCH realize its full potential. Secure your seat via Eventbrite for the three-day conference that’s shaping up to be the most important Bitcoin BCH conference this fall.

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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CoinGeek Mining teams up with BNK Energy to open $15M data center in Kazakhstan

BNK Energy has opened the largest data center in Kazakhstan, which will provide cloud hosting services for CoinGeek Mining’s global fleet.

Located in the city of Ekibastuz in the northeastern region of Pavlodar, the BNK Energy facility—which costs KZT5.7 billion (US$15.32 million)—employs a staff of 16 local technical professionals.

BNK Energy operates with 4MW of energy since its first phase launched in August, but that capacity has been increased by 11MW during the second stage of the launch last September 20, and then by another 18MW in November. BNK Energy projects that the facility will be operating at 33MW by November, with a staff of 60 local professionals.

BNK Energy, described by Egem Qazaqstan news outlet as a provider of “services in the field of [crypto] mining,” offers hosting services for mining farms, including field placement of crypto mining rigs as well as analysis and monitoring of the equipment, and “uninterrupted power and internet communications.”

The firm considers itself one of largest players in the crypto mining field at the moment. It reportedly has chosen to set up operations in Pavlodar due to the surplus of electricity in the region, not to mention the government’s low tariffs for the nascent industry. Pavlodar has been eyeing to attract crypto mining farms and crypto companies as part of its bid to become “a center for popularization of blockchain technologies,” the Kazakh news outlet reported.

BNK Energy officially opened the Ekibastuz facility last Sept. 14, an event that was attended by one of Kazakhstan’s top leaders—Prime Minister Bakytzhan Sagintayev, who examined the mining cells in the first workshop and electronic meters at the control station, according to the Kazakh news outlet.

At the ribbon cutting ceremony, CoinGeek Mining CEO Taras Kulyk said, “The project is a first step in expanding the scope of services within the country and is crucial to developing a long-term partnership with the world-class team at BNK Energy.”

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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Squire ASIC miner delivers up to 22 TH/s with 50% less energy consumption, tests find

Squire Mining Ltd. (Squire), a CSE listed public company, conducted the first-phase testing of its application specific integrated circuit (ASIC) prototype, and the results are in: the Squire unit’s hash rate is 1.5x faster than most commonly used crypto miners on the market, but with 50% lower energy consumption. The test, conducted in Seoul, South Korea, involved a working prototype mining system comprised of a newly engineered field programmable gate array (FPGA) ASIC microchip that will be re-designed as a 10nm ASIC chip for mining Bitcoin Cash (BCH) as well as altcoins such as those using SegWit technology.

The test results confirmed the original design specifications and indicate that the ASIC chip should be capable of delivering a projected hash rate of 18 to 22 terahash per second (TH/s) with an energy consumption of between 700 and 800 watts.

“The early results indicate that this ASIC microchip has the potential to be the next generation leader in providing hash power for enterprise mining of Bitcoin Cash and other associated cryptocurrencies. It has also demonstrated the potential to rapidly process consensus protocols across the blockchain faster whilst utilizing less energy than anything currently in this sector,” said nChain Chairman Stefan Matthews, who is also a director of Squire.

Squire has tapped tech giant Samsung Electronics as its foundry partner to manufacture the ASIC chips in South Korea. At the testing, Squire’s Executive Chairman and CEO Simon Moore made the following statement: “Once completed, we believe the speed and efficiency of our ASIC microchip combined with our respective mining systems powered by this Samsung manufactured microchip together have the potential to substantially increase the profitability of enterprise mining facilities around the globe.”

The pilot production test run of Squire’s debut ASIC chip for Bitcoin BCH is expected to be completed before the end of 2018 with the fully operational mining rig to be completed in the first half of 2019. Squire will then deliver the ASIC chips and mining rigs to associates of Bitcoin BCH’s largest mining company, CoinGeek.com, who have the exclusive right to market, promote, solicit, sell and distribute Squire’s new ASIC chips and mining rigs to Bitcoin BCH and other altcoin miners throughout the world.

“With this next generation technology, CoinGeek will continue to pull the blockchain industry out of the proverbial basement and into the boardroom,” said Tara Kulyk, CEO of CoinGeek Mining and Hardware.

Miners are invited to the CoinGeek Week Miners Day, taking place on 28 November 2018 as part of the CoinGeek Week Conference in London, to meet with the CoinGeek team and discuss how this next-generation ASIC miner can improve their business.

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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Centbee wallet sends Bitcoin BCH to phone contacts ‘in just a few taps’

Sending Bitcoin Cash (BCH) to your family and friends is now “just a few taps” away, with the launch of Centbee’s Bitcoin BCH wallet app.

On Tuesday, the South Africa-based Bitcoin wallet provider rolled out the beta release of its Bitcoin BCH wallet, allowing users to send Bitcoin BCH to anyone from their phone’s contact list.

Lorien Gamaroff, co-CEO of Centbee, said the app’s key focus is to make sending Bitcoin BCH “as simple as possible.”

Centbee wallet sends Bitcoin BCH to phone contacts ‘in just a few taps’

“In just a few taps, users can send Bitcoin Cash to anyone, anywhere at the lowest possible cost,” Gamaroff said. “Bitcoin Cash will be adopted globally as the best way to pay, especially in Africa and other developing markets.”

The app has been in alpha testing since June. At the time, Testnet coins were provided as demo money so users can try out how the app works without using real money. With the beta launch, Centbee users can now transact using real Bitcoin BCH.

“We incorporated much of the feedback from user testing into the beta version of our wallet and are extremely confident of the final product. Centbee wallet is the easiest way to send money and consumers will immediately see the benefits of this fast, cheap and easy way to pay,” Centbee co-CEO Angus Brown said in a statement. “Cryptocurrency as a form of payment costs a fraction of what users would pay using their bank accounts, especially for cross-border payments. This is the future of money.”

Centbee was founded in 2016 by Gamaroff, an expert in blockchain technologies and cryptocurrencies, and Brown, who has 20 years of experience in payments and banking. With its promise of delivering a game-changing ecosystem replacement, Centbee has attracted high-profile investors from the blockchain field, including blockchain research and development firm nChain Group, which has taken an equity stake in the South African company through its investment entity nChain Reaction Ltd.

The Centbee wallet is available on Google Play Store and App Store.

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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Don’t miss out on the most important Bitcoin BCH conference this fall

As cryptocurrency conferences go, it’s hard to top those hosted by CoinGeek. They have become the go-to gathering places for everyone in the crypto space and are regarded as the most prestigious events for showcasing the power of Bitcoin BCH. This fall, the CoinGeek Week Conference will continue that tradition, offering an exciting opportunity for crypto enthusiasts, merchants and seasoned professionals to come together to see why Bitcoin BCH is the world’s only true retail-driven cryptocurrency, and what’s in store for the future.

The event will be held November 28-30 at the Mermaid at Puddle Dock in London. Industry experts will be present to provide important insight into the state of Bitcoin BCH and how merchants can take advantage of the digital currency to increase their revenue streams. Each day will be filled with a plethora of information that is designed to provide an in-depth understanding of what is going on in the ever-changing world of crypto.

Day 1 centers on application developers. It will be the perfect opportunity to pick up inside knowledge on the latest blockchain advancements from those who are spearheading cryptocurrency’s evolution. After the day’s activities wrap up, a networking event will give attendees the chance to meet others, forge new alliances and explore new ventures.

Day 2 will be geared toward application merchants. If you want to see how easy it is to integrate Bitcoin BCH as a payment alternative – or why you should – the activity will provide a wealth of knowledge. Don’t get left behind while the competition moves forward and blazes new trails. This retail-focused conference will be followed by a networking session similar to that seen on Day 1, and will be the optimal chance for merchants and entrepreneurs to expand their networks and create new business contacts.

Day 3 is all about the future. If you’re curious about what’s in store for crypto and the blockchain, you can’t miss this day’s activities. We’re just getting started with crypto and blockchains, and what is coming down the pipe is incredible. Get the knowledge you need to be able to take your business to the next level.

Following the completion of Day 3, CoinGeek founder Calvin Ayre will host his highly popular after party for those who have attended all three days. There are parties and there are CoinGeek parties – a CoinGeek party is one for the history books.

Tickets are available now and multi-day tickets can be purchased for a discount off the single-day price. Space is limited, so reserve your place today before it’s too late. bComm associates receive a discount and, as always, tickets can be purchased using Bitcoin BCH.

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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The Bitcoin SV vision is to give miners a choice

In one of Satoshi Nakamoto’s early writings, it was noted that “the nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime.” But does that mean that not a single change can ever happen?

That was the one of the questions posed by nChain CEO Jimmy Nguyen at the recently held The Future of Bitcoin Summit Bangkok 2018 in Thailand. During the two-day summit, Nguyen, along with Chief Scientist Dr. Craig Wright, addressed an audience of miners and developers to remind everyone that the Bitcoin Cash (BCH) was birthed “to restore what Bitcoin was from BTC,” and that they pooled together because they want to create “a Bitcoin protocol that we believe will fulfil Satoshi’s vision.” The full transcription of Jimmy Nguyen and Dr. Craig Wright’s speech by Yours.org user cryptomic can be read here.

“We believe it’s time for Bitcoin as an entire world and ecosystem to group up and professionalize, and that’s what we’re advocating,” Nguyen said. “And what do we mean by that? What we mean by that is a protocol that is stable.”

One of the most promising Bitcoin BCH node implementation is Bitcoin SV, a project born out of the desire to empower miners so they’ll make informed decisions about critical protocol upgrades. Contrary to widely held belief, Bitcoin SV is not a fork—it will lock the “battle-tested” Bitcoin BCH protocol in place. In turn, miners will have a choice and a voice to drive the process of restoring Bitcoin to its optimal state. That of unbounded blocks and original OP_Codes.

This November, mining nodes running Bitcoin SV will enable a short list of upgrades on the BCH network, the most important of which is increasing the default maximum block size from 32MB to 128MB.

But why is it important to scale now, and scale fast in terms of block size? After some modelling with business analysts, Nguyen said the reason is simple: There’s a direct economic need for miners.

“In two years the block reward will be split in half again to 6.25 BCH. So anyone who’s mining now will in two years receive half of what they’re receiving today. In order to maintain even current profitability, what that means is in two years they have to make up that 6.25 coins worth of value in something else, which has to come in transaction fees and which has to come in higher transaction volume,” Nguyen explained.

He added, “If we have to get anywhere near 4, 16 gigabytes in two years, we can’t wait a year from now. We have to start that process now. That’s critical because otherwise in two years mining is going to become less profitable and that threatens the whole viability and security of the network if the miners cannot make up the actual revenue they need to make up in transaction volume and fees.”

Nguyen said the advocacy to scale quickly and safely was not born out of a desire for bigger blocks.

“There is an imperative economically built into the system to do this and do it now. We want to lock the original Bitcoin protocol so that businesses can reliably build on it. Professionalize the whole process with quality assurance and security audits. Promote zero-conf security,” he said. “We want to create a pathway to rapid adoption globally, and not just for payments but by the big enterprises which will lead to the miner revenue which is critical. Unless they are being profitable and making money, miners will not continue doing this after two years, and the approach we’re advocating will also lead to premium services for them, such as data, such as this property registry type venture for which they’ll get paid more money given the data capacity needed.”

Read the full transcription of Jimmy Nguyen and Dr. Craig Wright’s speech here. Audio recordings of the two-day proceedings in Thailand are available here.

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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