Support for Bitcoin SV growing

Firms in the blockchain and cryptocurrency space have come out in support of Bitcoin SV, in light of the recent Bitcoin Cash hard fork.

Money Button, which runs Yours.org allowing users to monetize content in Bitcoin Cash, said in a blog post that “Bitcoin SV is the closest blockchain to the original Bitcoin protocol,” which the company said “fully and completely solved the problem of sound money for the entire world.”

Unlike with the ABC implementation that maintains a maximum block size of 32MB, Bitcoin SV has increased this to 128MB. Money Button supported this update, saying, “We need to raise the limits to the edge of the abilities of the software, and identify and fix all scaling limitations.”

Money Button CEO Ryan X. Charles, in a YouTube video, made similar points as in the blog post, noting that Bitcoin ABC and its supporters seemed to lack a clear mission statement. “In my opinion, the way this looks, is that you guys didn’t actually rally around the idea of sound digital money for the entire world. No one actually really cared about CTOR, and CDS, and the clean-stack rule. What you guys actually rallied around was booting Craig Wright from the community. You actually decided to agree to these unusual changes that not really everyone agreed to, but you agreed to them anyway because you realized this was a way to actually extract Craig,” he said.

Charles said that while it was unclear what the forked coins’ ticker symbols will be, “I personally don’t care about the name… What we’re really trying to do here is create Bitcoin at scale… We’re trying to solve problems for real people here. They don’t care what the name is.”

Blockchain-powered social media platform Matter.cash tweeted that it was running Bitcoin SV, but added, “We are still open on how to support both ABC and SV, and for now we needed to make a decision to move forward.”

Alex Agut of HandCash said his company will be following the Bitcoin SV ruleset “exclusively,” because of the “honest hash” used for mining operations, that is, hash power not borrowed from other networks. Agut pointed out that, contrary to what many are now saying, the hash war “is not over yet… It could take weeks or months, but based on hashpower and economic incentives, the SV ruleset is most probably going to be the imposed ruleset for BCH in the end, and we do not wish to change chains again. There is no technical indicator that points to another possible result.”

James Belding of Tokenized, the company that was recently awarded £5 million for its Bitcoin Cash tokenization solution, tweeted, “The Tokenized team will be supporting Bitcoin SV (BSV) exclusively. We firmly believe in the original vision of Bitcoin, as described in the WP and Satoshi’s early writings, and are proud to keep working to bring sound money to the world.” He said of ABC supporters, “We hope to join forces again in the future. We know how much you all care about the mission.”

Video streaming platform Keyport.tv tweeted, “We stand in support of Bitcoin SV because we believe that @nChainGlobal and @RealCoinGeek have the right plan to scale Bitcoin to global money.”

Bitcoin Cash wallet Centbee said in a tweet that it was supporting “the original #Bitcoin Protocol as described in the Satoshi Nakamoto white paper. @BitcoinSVNode is the only implementation that follows this protocol and that is why we support it.”

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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Now you can buy beer with crypto, thanks to CoinGeek and friends

For the launch of their new City of London bar, Brewdog, the Scottish brewery and pub chain, wanted to let their customers pay with Bitcoin Cash.

So together with CoinGeek and wallet-provider Centbee, Brewdog helped their first guests to download a wallet and then gave them free Bitcoin Cash (BCH) to put in it and spend at the bar.

Not surprisingly, news of free money and free beer produced a queue that literally went round the block.

Here’s how a crowd from the City - and, as it turned out, from as far afield as Belgium - enjoyed their first experiences of crypto.

Want to know what BrewDog did to accept Bitcoin BCH? Join us at the CoinGeek Week Conference, and learn from the experts how merchants can benefit from Bitcoin BCH. Be part of the cryptocurrency revolution, buy your tickets now 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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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.”

“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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