New, exciting Bitcoin SV projects announced during CoinGeek Week

The highly anticipated CoinGeek Week conference has drawn to a close and to say that it was a huge success is putting it mildly. The conference attracted a slew of individuals that have been, and will continue to be, the primary driving forces behind the only cryptocurrency adhering to the original Satoshi Vision, as well as a huge crowd determined to help shape the future. There was a lot of ground covered in the short four days allocated to the conference, with some exciting new projects being announced.

Bitstocks is preparing to introduce Gravity, a banking ecosystem for the cryptocurrency community. Gravity is going to offer an array of products—banking accounts, loans, debit cards, over-the-counter trading and more—and will use Bitcoin SV as the supporting cryptocurrency. More about the Gravity project can be found in Bitstocks’ YouTube video.

The developers behind the Centbee wallet have announced a new feature that will be coming soon. It will combine a social network with a wallet, allowing users to send money to their friends while chatting. There is also a merchant software developer’s kit (SDK) in the works, which will allow any merchant to easily integrate Bitcoin SV payments into its point of sale system.

HandCash announced that it is bringing an iOS version of its wallet to market this month. It will also offer HandCash for Apple Watch sometime during the spring of 2019. Developers also discussed CashPort, the system that allows apps and games to connect to HandCash in order to allow users to make micropayments.

The White Company, which offers an array of blockchain and crypto products, has announced that it is adding support for Bitcoin SV. The company offers, among other things, a cryptocurrency debit card and has also teamed up with REM, a blockchain-based rewards company, to allow consumers to earn points when they use The White Card. The card is expected to be released before the end of the year.

A new digital ATM offered by BCB ATM was shown off during CoinGeek Week, as well. While a crypto ATM isn’t exactly news, the fact that the company’s new ATM offers 0-confirmation transactions certainly is something worth a great deal of attention.

One of the more exciting revelations was MetaNet, which was introduced by nChain and Dr. Craig Wright. Metanet is basically one global network that is built on the blockchain. Said Wright, “What we’re going to actually create is a replacement for the Internet. The internet becomes a sidechain. I don’t care how as a peer network you distribute data, I care that you distribute it. If you have HandCash or near-field or IP or private networks or X.25, it’s a value network. The entire global system connected commercially.”

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Watch the CoinGeek Week conference day 3 LIVE

Get ready, ladies and gentlemen, because a major announcement is about to be made at Day 3 of the CoinGeek Week Conference at The Mermaid Theatre in London.

The last day of the CoinGeek Week Conference is dedicated to the future—where blockchains and Bitcoin are headed. This is an excellent way to pool together all of the information presented throughout the conference and attendees will walk away knowing that they have an important role in shaping cryptocurrency’s future.

Today, Dr. Craig Wright—the ever controversial Bitcoin visionary will outline how he sees the entire Internet changing. Internet 2.0, if you will. The conference is focused on the rebirth of Bitcoin in the form of Bitcoin SV, the original Bitcoin offering scalability that adheres to Satoshi’s Vision.

Dr. Wright will explain how the Internet should, in fact, evolve to become a side chain on Bitcoin.

Expect also other keynotes from the true pioneers of blockchain—from nChain’s Jimmy Nguyen and Dr. Craig Wright, to SBI Holdings’ Jerry Chan, Squire Mining’s Taras Kulyk, Bitstocks’ Michael Hudson, MoneyWeek’s Dominic Frisby, as well as Circle’s Jack C. Liu, among others.

Watch the CoinGeek Week Day 3 livestream here.

CoinGeek Conference London from CoinGeek on Vimeo.

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CoinGeek’s Petter Ikekhua: There is nothing like Bitcoin

At the Cryptartica-hosted London BCH Speakers Series II, Petter Ikekhua of CoinGeek shares the top reasons why Bitcoin is a win for merchants.

Why is merchant adoption important for Bitcoin to grow?

The answer, according to Petter Ikekhua of CoinGeek, is simple: because the currency needs to gain value.

“The actions of buyers, people with money, always have to equal the actions of sellers. So if you’re not selling anything, you can’t generate value. And therefore merchant adoption is the most important thing because they are selling things and they have to accept bitcoin cash in order for the currency to gain value,” Ikekhua tells the audience at the recently held London BCH Speakers Series II event.

Ikekhua also explained the top reasons why Bitcoin is a win for merchants, and how he helps merchants onboard Bitcoin as a method of payment. Simply put, the original Bitcoin, now reborn as Bitcoin SV (Satoshi Vision), is the only platform that has proven its ability to scale to enterprise levels—facilitating what is needed for global commerce.

“The reason why Bitcoin is the main currency for merchants is because it’s the only blockchain which has the roadmap to scale to beyond 1GB block size,” Ikekhua said.

Ikekhua also touched on some of the questions or concerns merchants commonly have, explaining that the main challenge isn’t actually about comparing Bitcoin to another payment method or currency.

“The main challenge is actually nothing,” he said. “The option they have is to accept it or do nothing. The reason why is because there is nothing like Bitcoin. Period. It’s very much comparable to new technologies which also faced a very low adoption curve in the beginning … When I speak with businesses, I never position myself in a way where I’m trying to explain that this is a better way than doing Visa payments Mastercard payments or anything similar. It’s about changing their perception of how people would do commerce in the future.”

Ikekhua will join other industry leaders at the CoinGeek Week Conference in London, where they will share their stories about their journey to increase adoption. The conference, taking place at the Mermaid, Puddle Dock in London on November 28-30 (with a special, invitation-only Miners Day event on November 27), is a celebration of the rebirth of the original Bitcoin as Bitcoin SV, and it’s also the perfect opportunity to learn from experts the importance of scaling to enterprise levels on the original Bitcoin chain—now named Bitcoin SV (BSV)—the only platform that has proven its ability to achieve this.

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Bitcoin ‘really easy and cheap to deploy,’ says BrewDog UK’s Martin Dempster

At the recently held London BCH Speakers Series II event by Cryptartica, Martin Dempster, VP of innovation at BrewDog UK, shares his company’s experience in adopting cryptocurrency for payments.

Bored of the “stuffy ales” dominating the UK beer market in the 2000s, James Watt and Martin Dickie decided to brew their own beer. In April 2007, BrewDog was born.

A decade later, the “maverick craft brewery based in the northeast of Scotland,” is “now the biggest and most successful craft brewery in Europe,” said BrewDog UK VP of Innovation Martin Dempster. This year, the craft brewery and pub chain has taken on a new challenge—adopt cryptocurrency for payments.

Last October 19, BrewDog opened its Canary Wharf pub, where the first 100 customers were given Bitcoin Cash to spend at the bar. With the help of CoinGeek and wallet provider Centbee, BrewDog helped its first guests to download a wallet and gave them free crypto to put in it and spend at the bar. Initially, BrewDog saw a “cultural barrier” in terms of further adoption; however, Dempster said they “found it really easy and cheap to deploy” compared to traditional payment terminals.

“It was such a novel thing for us… to offer and there was such a real palpable sense of excitement before we launched,” Dempster said. “It’s not flash in the pan, people are actually using the tech, which is great to see.”

If you want to know what BrewDog did to accept cryptocurrency, join us at the CoinGeek Week Conference, happening at the Mermaid, Puddle Dock in London on November 28-30 (with a special, invitation-only Miners Day event on November 27). The four-day event is a celebration of the rebirth of the original Bitcoin as Bitcoin SV (Satoshi Vision), and it’s also the perfect opportunity to learn from experts the importance of scaling to enterprise levels on the original Bitcoin chain—now named Bitcoin SV (BSV)—the only platform that has proven its ability to achieve this.

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Are you ready for CoinGeek Week Conference?

If you haven’t already purchased your tickets to the hottest cryptocurrency conference of the fall, time is almost up. The CoinGeek Week conference is happening this week in London, featuring an all-star cast of crypto and blockchain experts to guide the community into 2019 and beyond.

The conference is one of the most important events for everyone in the crypto space. However, Miner’s Day will undoubtedly be the highlight. The special, invitation-only event was added to the conference in order to give crypto miners the perfect opportunity to learn about the changes seen recently in Bitcoin BCH and to understand what is going on with Bitcoin SV and the future of mining operations.

Miner’s Day will be held tomorrow, November 27. Following it will be three more exciting days of events, information sharing, seminars and workshops that will deliver an experience unlike any other crypto conference. CoinGeek Week is being held at The Mermaid at Puddle Dock in London, an amazing venue that will provide an incredible backdrop for this one-of-a-kind event.

November 28 of the conference is geared specifically for application developers. It will give attendees the opportunity to learn everything they need to know about what is going on with the latest in blockchain technology. November 29 is for application merchants and will provide significant insight on how to get the edge on the competition. Following each day’s activities, there will be a casual meet-and-greet event where attendees can network and forge new business alliances.

The last day of the conference is dedicated to the future—where blockchains and Bitcoin BCH are headed. This is an excellent way to pool together all of the information presented throughout the conference and attendees will walk away knowing that they have an important role in shaping cryptocurrency’s future. Following the activity, those who have attended all four days are invited to a special after party hosted by CoinGeek founder Calvin Ayre, bringing to a close this incredible conference.

Tickets are on sale now, but there are only a few tickets remaining. You can purchase yours today using either Bitcoin BCH on the CoinGeek website or, if you prefer, with a credit card through Eventbrite. Don’t be stuck on the sidelines watching history being made—get in the game and help make it happen.

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Miners’ success ‘deeply depends’ on hardware from suppliers like us, CoinGeek Mining’s Yuan Bo says

At the CoinGeek-sponsored Bitcoin BCH Miners Choice Summit in Hong Kong, Yuan Bo, VP for Sales China and APAC of CoinGeek Mining and Hardware, showed the audience the exciting features of the ASIC chips soon to be sold exclusively by CoinGeek.

One of the anticipated talks at the November 2 CoinGeek-sponsored Bitcoin BCH Miners Choice Summit in Hong Kong was that of CoinGeek Mining and Hardware’s Yuan Bo, who stressed the importance of miners in the Bitcoin ecosystem.

“It’s pretty easy to understand, not like many people think,” he said. Among the four groups consisting of developers, exchanges, merchants, and miners, Yuan said it was the miners who “support everything.”

The CoinGeek Mining and Hardware VP for Sales, China and APAC, explained that it’s the larger mining companies that allow the Bitcoin ecosystem to become successful, while the other three key players ensure that cryptocurrency and blockchain serve practical purposes. “The success of the miners deeply depends on the hardware product from the unit suppliers, like us,” he added.

Yuan demonstrated via a chart the efficiency of CoinGeek mining equipment using Squire’s ASIC (application-specific integrated circuit) chips. He enumerated the current market leaders such as the Antminer S9, with an efficiency of 93.1 watts per terahash (W/TH); the Avalon 921, at 85 W/TH; the Avalon A9, at 57.33 W/TH; the Ebit E11++, at 44 W/TH; and the Antminer S11, at 42.86 W/TH.

Squire beats all of these, generating 19 terahashes per second and using 700 watts for an efficiency of 36.84 W/TH. “This is the best miner as far as we know,” Yuan said.

He said that CoinGeek Mining and Hardware endeavored in “pushing the limits of the technology.” Specifically, they aim to increase hash output, while reducing power consumption. “Also, we’ll be able to position ourselves for secondary market opportunities [such as] AI as it continues to grow,” Yuan said, leaving the audience guessing what else the company has in store.

Apart from the obvious dedicated work involved, Yuan credited much of CoinGeek Mining and Hardware’s success to their choice of partners. “We have really strong partners such as Squire, Samsung, Foxconn, Gaon Chips, Aracore, Ara Systems… Actually, they’re all leading companies in the industry,” he said.

Join the CoinGeek conference in London from November 28 to 30, with the special, invitation-only Miners Day event on November 27. It’s the perfect opportunity to meet the members of the BCH community and discuss not just the ongoing reality of Miners Choice for Bitcoin going forward but also why enterprise applications needing Bitcoin should stop moving in order for the ecosystem to grow. Also, join the (free) bComm Association and be part of the crypto revolution.

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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Joe Chin on why miners should join SVPool: Like Bitcoin SV, we place miners first

CoinGeek Mining and Hardware CEO Joe Chin, in a recent presentation, enumerated the advantages of mining with SVPool as well as running Bitcoin SV.

Even with SVPool establishing itself among Bitcoin BCH miners soon after its launch last October, Joe Chin, CEO of CoinGeek Mining and Hardware, continues to think of how to draw miners in.

At the CoinGeek-sponsored Bitcoin Miners Choice Summit held at The Grand Harbour in Hong Kong last November 2, Chin discussed the advantages of mining with SVPool as well as running the Bitcoin SV. SVPool, a personal initiative of nChain Chief Scientist Dr. Craig Wright, is managed by CoinGeek Mining and proudly runs the Bitcoin SV full node implementation.

Chin told the audience, “Just because we launched [in October] doesn’t mean the work stops there. Almost on a weekly basis, every sprint, we’re adding new features. We’re also thinking of ways to incentivize miners who mine with us. We’re working on plans perhaps to give them access to the new miner hardware that we will release shortly.”

Chin also believes it’s important to remain receptive to miners’ needs regarding costs and payments. “[W]e also have feedback from miners, that many of them desire the steady income of PPS+ [pay per share plus], so we will be introducing that shortly. But I still believe that with zero fees, and if you have enough hash rate, you can actually do very well with the [current] PPLNS [pay per last N share]. And we’re also working on promotions and loyalty programs. So those will be announced in the very near future. So I encourage you guys to go to svpool.com/, and sign up. It’s very, very easy, so please do.”

Although coming to the mining pool scene rather recently, SVPool brings much experience in competing with other pools. “[W]e started a beta launch for invitation, customer only, in September, and that helped us debug the system… SVPool has a global infrastructure, but more importantly for a lot of you, it’s optimized for Chinese miners. So we have a node right inside China, so as to make sure you have the best, the most optimized performance. And of course, the whole purpose of SVPool is to run and support Bitcoin SV protocol. And also, we provide world-class bilingual customer service in Chinese and English, so it is very much, from your perspective, built for Chinese miners,” according to Chin.

He noted that SVPool supported the Bitcoin SV implementation, designed to maintain the principle of ‘longest chain wins’ as decided by users on their computers. SVPool, he said, “supports stable, scalable, and secure protocol, and it’s a professional Bitcoin platform, and it supports big blocks that are miner-configurable, and in the future, it will increase your revenue as miners.”

Chin said when the block reward halves in 2020, miners will want to make sure their earnings don’t take a hit. “[W]e will help you increase your earnings, even when we’re looking at the halving in 2020,” he said.

If you’re interested in learning more about Bitcoin SV and all the new developments in nChain, join the CoinGeek conference in London from November 28 to 30, with the special, invitation-only Miners Day event on November 27. It’s the perfect opportunity to meet the members of the BCH community and discuss not just the ongoing reality of Miners Choice for Bitcoin going forward but also why enterprise applications needing Bitcoin should stop moving in order for the ecosystem to grow. Also, join the (free) bComm Association and be part of the crypto revolution.

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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Dr. Craig Wright explains why Bitcoin needs to be stable

Last November 2, CoinGeek sponsored a Bitcoin BCH Miners Choice Summit at The Grand Harbour in Hong Kong. The dynamic half-day conference featured the industry’s most exclusive guest speakers, including nChain Chief Scientist Dr. Craig Wright.

In his presentation, Wright discussed what Bitcoin was meant to be, and why miners should support the original Satoshi Vision for Bitcoin by mining with Bitcoin SV and joining SVPool. He stressed the importance of not leaving the future to the developers who want to make major changes every six months and increasing its complexity.

“Bitcoin needs to be stable. It needs to be a system that won’t just be built on and changed every few days. To be stable as money, Bitcoin needs to be the same next year and the year after,” Wright told the audience. “It’s about a stable protocol, stable protocols matter. We want people in business, we want people to be able to take contracts and money and use it.”

Dr. Wright asked the audience to look to the future—a future in which mining companies held the same respect the banks used to before the financial collapse, saying miners should focus on creating businesses that can be passed down to their children rather than focusing on the get-rich-quick empty promises of ICOs.

Watch Dr. Craig Wright’s speech, “Back to the Future of Bitcoin: Why Miners Should Support Satoshi Vision,” below. You can also catch the nChain chief scientist along with other industry thought leaders at the upcoming CoinGeek Week Conference, happening on November 28-30 (with the exclusive, invitation-only Miners Day on November 27) in London.

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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Jimmy Nguyen tells BCH miners: It’s time for Bitcoin to grow up and professionalize

The CoinGeek-sponsored Bitcoin BCH Miners Choice Summit, held at The Grand Harbour in Hong Kong last November 2, wasn’t just an opportunity for Bitcoin BCH miners to network. It was also an event where they learned why Bitcoin SV stands out from other competing implementations.

Jimmy Nguyen, CEO of the nChain Group, and Steve Shadders, director of solutions and engineering as well as technical director of the Bitcoin SV project, took the stage to explain the four pillars on which Bitcoin SV sits: stability, scalability, security, and safe and instant transactions. All “S” words, according to Nguyen, in honor of Satoshi Nakamoto.

“We are asking for miners to choose and support our vision of Bitcoin Cash, and we believe miners would choose Bitcoin SV as the implementation because it will ensure them the most long term profitability. And we chose to create this implementation because of differences of opinion we had with the other Bitcoin Cash developer groups which we felt were trying too hard to change Bitcoin, and as Craig was talking about, and also we believe it’s time for the Bitcoin development to be led not by the protocol developer groups, which who had led them for so long, but to be really be led by what’s the interest of miners,” Nguyen told the audience.

The nChain CEO also talked about his belief that it’s time for Bitcoin to lock in the protocols, just as the Internet protocol was locked in, thus allowing development of the internet into what we have today. Nguyen stressed, “It’s time for Bitcoin to grow up and professionalize.”

Watch Jimmy Nguyen and Steve Shadders’ presentation, “Bitcoin SV: The BCH Implementation for Satoshi Vision,” below. Nguyen is also speaking at the CoinGeek Week Conference, happening on November 28-30 in London, with the special, invitation-only Miners Day event on November 27.

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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Alex Agut: Cashport ‘takes care of all complexities’ for businesses on Bitcoin BCH

HandCash co-founder Alex Agut took the stage at the recently held London BCH Speakers Series II, an event organized by Cryptartica, to share a glimpse of how Cashport will bring about “new money movement” for the world with Bitcoin BCH.

What the world needs right now, according to HandCash co-founder Alex Agut, is new money—one that allows for micropayments, instant and secure, with low fees, and more importantly, does away with the need for a middleman.

In short, “the new money is money available everywhere but always under your control,” Agut told the audience at the London BCH Speakers Series II at the Huckleberry in Shoreditch.

Bitcoin Cash (BCH) fits all the requirements of a new money, except that it’s not intuitive—yet—for people to use it. This is the reason behind the development of the HandCash app, which allows transactions to occur without requests for addresses or QR codes.

The app, of which blockchain technology research and development firm nChain acquired a majority stake in May 2018, features a “Human UX” that enable users to “send money to anyone just by knowing their handle” and contact information, among other cool stuff, according to Agut.

For businesses, the team behind HandCash has recently released a free software development kit (SDK) allowing apps and games to connect to the HandCash wallet. Cashport is a micropayments ecosystem that lets users earn and spend across multiple devices.

“Cashport is very easy set of SDKs that you can integrate in a few minutes in any app or game or any platform… and you can integrate micropayments and Bitcoin Cash payments. It takes care of all the complexities for the business. So the user connects with HandCash, and with HandCash they can just log in into Cashport. It’s a very friendly SDK that you can implement in Android and iOS or web right now, and it’s free,” Agut said.

To learn more about Cashport, don’t miss the CoinGeek Week Conference happening at the Mermaid, Puddle Dock in London on November 28-30 (with a special, invitation-only Miners Day event on November 27). Alex Agut and the HandCash team will be on hand at the four-day event to share their vision for a new money movement with Bitcoin Cash.

There are only a limited number of tickets remaining for CoinGeek Week, so purchase yours today. If you prefer to pay with Bitcoin Cash, you can do so directly on the CoinGeek website. If you prefer to pay with a credit or debit card, check out CoinGeek’s Eventbrite page.

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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