These are weeks of fire for Bitcoin SV: particularly active in new implementations, press conferences and accusations against the crypto world (and various exchanges).
BSV's main enemy is Binance. Particularly when the well-known exchange decided to delist BSV, with CEO Chanpeng CZ Zhao who wrote very heavy words against the co-founder of the project Craig Wright. The heavy accusations came from the other co-founder of the Bitcoin SV project, namely Calvin Ayre who is also the owner of Coingeek.com.
Exchanges such as BitMEX, Binance and Kraken, as well as Bitcoin.com (Bitcoin Cash), Blockstream and Ethereum have been blamed.
According to Coingeek, there is a criminal cartel active in money laundering with cryptocurrencies, including the exchanges Binance, Kraken and BITMEX (actually BitMEX and Kraken have had problems of this type).
Together with Kraken and SHAPESHIFT this is called "the criminal cabal that delisted BSV", going so far as to argue that CZ would not care about BSV as it is not useful for criminal activities.
Why was Bitcoin SV delisted from Binance? In April Craig Wright promised a prize of $ 5,000 to anyone who could provide information on the real identity of "Hodlnaut", a user who had repeatedly insulted him on Twitter calling him a scammer.
The cryptocurrency community has reacted strongly negatively, creating the hashtag #WeAreAllHodlonaut to support the anonymous user. Not even Changpeng Zhao, CEO of Binance, appreciated Wright's bizarre initiative, stating that he would remove Bitcoin SV from the platform in case its creator didn't change his behavior.
NEW PROJECTS FOR BSV
Among the most interesting "Run On Bitcoin", a protocol that allows you to create tokens on Bitcoin SV (BSV) as if they were ERC20 or BEP20.
Thanks to a partnership with RelayX, the stable USDC will arrive on this blockchain.
This represents the first stablecoin of this blockchain, paving the way for a new trend, both as regards tokens and as regards a stablecoin known and famous as USDC.
In order to receive these new assets, it will be possible to take advantage of a dedicated platform for the token swap to be able to convert BSV into USDC (RUN-SV).
It is interesting to note that the platform already provides for the possibility of creating liquidity pools.
It therefore seems that DeFi is taking its first steps also on the Bitcoin SV blockchain thanks to a stablecoin.
Of course, other tokens will also be added.
Another project added is Bico.Media, which allows you to load any type of format without any limit.
In practice, Bitcoin SV can thus act as decentralized storage for uploading data and digital content.
Furthermore, at the end of August BSV landed on the Emirex exchange where the BSV / USDT and BSV / EUR pairs were added.
METANET
A few days ago a sponsorship arrived with the Cambridge University Metanet Society which works on protocols and applications for the integration of the developing world into the global economy and on platforms related to global news publishing, thanks to trustless systems based on Bitcoin SV blockchain.
The Metanet Society was founded by Robin Kohze to support students in learning and developing applications using the Bitcoin SV protocol.
Metanet is a data protocol that operates on the Bitcoin SV blockchain to structure and facilitate a new Internet where all online and data activities can be effectively monetized with BSV, including micro-payments for businesses and those to end users.
“Metanet” applications for social media, digital advertising, consumer reviews, domains and even a new browser have already been launched on the Bitcoin SV network.
CONFERENCE IN THE USA
Active addresses and transactions made on the Bitcoin SV network have witnessed a tremendous growth in the two days leading up to the CoinGeek Live conference held in New York.
From September 28 to early October, active BSV addresses increased from 110,000 to 947,400.
That's a staggering 761% growth rate in just two days before CoinGeek Live.
The spike in active addresses has raised concerns on Crypto Twitter. Arthur van Pelt, a figure who is particularly critical of Bitcoin SV and Craig Wright, shared a graph which highlights the fact that BSV managed to overcome the activity of the Ethereum network in the midst of the DeFi boom, assuming growth " artificially pumped.
Over the same period, transactions made on the Bitcoin SV network doubled, from 715,600 to 1,751 million. An increase of 145% in the 48 hours prior to the conference.
However, it should be considered that sometimes the network records outbursts of unusual activity. On June 24, active addresses briefly crossed the 1 million mark, and on July 10, transactions shot up to 5.5 million.
In his opening speech, Nguyen said that Bitcoin SV has incentives to deter misconduct and noted that the original Bitcoin white paper mentions the word "honest" 15 times.
According to CoinGeek's report, Bitcoin SV currently processes over 2,800 transactions per second on its mainnet, and is aiming for 50,000 in the near term. Teranode, the enterprise-tier protocol to be launched shortly, aims at 1TB transaction blocks.
Nguyen explained that Bitcoin SV is "the fundamental set of rules for an entire network," and is "reinventing the internet."
NEW CONFERENCE IN CHINA
The October 24 event was called "Bitcoin SV: Building Innovative Blockchain Applications" and will be held in Shenzhen (China).
The panel includes the introduction of Lise Li, China Manager of the Bitcoin Association, who will talk about why to build a dApp (decentralized application) on this blockchain.
Then the founder of Bitcell, GuLu, will take the floor and will discuss the technological aspect of this blockchain and the related tools that are there and can be used. This panel is in fact entitled "An Overview of Bitcoin Technology and Developer Tools".
Also interesting is the "MetaID: How Decentralized ID Advancing Blockchain Application" panel, curated by the CEO and founder of Showpay, Sunny Fung, which will focus on decentralized identity.
Gaming will also be discussed in the panel "The Collision and Integration of Game Industry and Blockchain", in which the head of Elder Games, Guo Jia, will illustrate how it is possible to integrate this blockchain into video games and create a decentralized and profitable product for the player , since in most games, once you have acquired objects and characters, they can be sold in exchange for crypto, as in the case of LiteBringer (“SatoPlay: Exploration and Practice of a BSV-based Game Platform”). Among the games on this blockchain we find the classic Tic Tac Toe.
Finally, the last panel will cover the characteristics of Bitcoin in the "Revealing the Little-known Features of Bitcoin" and will be curated by the trainer of the Bitcoin Association, Edward Liu.
Also on this blockchain, a few days ago the Handcash app processed 28 thousand transactions in 10 minutes!
