{"id":2358,"date":"2019-01-16T09:32:39","date_gmt":"2019-01-16T09:32:39","guid":{"rendered":"https:\/\/bitcoinsv.io\/?p=2358"},"modified":"2020-09-28T05:36:45","modified_gmt":"2020-09-28T05:36:45","slug":"bitcoin-sv-bsv-weekly-jan-16-2019","status":"publish","type":"post","link":"https:\/\/bitcoinsv.io\/2019\/01\/16\/bitcoin-sv-bsv-weekly-jan-16-2019\/","title":{"rendered":"Bitcoin SV (BSV) Weekly \u2013 Jan 16, 2019"},"content":{"rendered":"\n
Along with scaling capacities<\/span><\/a>, the Bitcoin SV ecosystem continues to grow at a rapid pace. In our weekly post, we provide a summary of some of the past week\u2019s developments from around the world.<\/p>\n\n\n\n Today\u2019s special \u201cSatoshi Shout-Out<\/span>\u201d goes out to h<\/span>ivr<\/span><\/a>; the social network built around a BSV wallet is sponsoring \u201cone of the biggest #esport events in Thailand,\u201d further explaining<\/span><\/a>:<\/p>\n\n\n\n We decided to add #BitcoinSV #BSV as an offic<\/span>i<\/span>al sponsor. We will push BitcoinSV in our native country (Thailand) in every way we can this year <\/span>#ADOPTION<\/span><\/a><\/em><\/p>\n\n\n\n eSport and Bitcoin make a natural combination, so a shout-out to hivr for using theopportunity to push adoption in Thailand! Working together across the world, we are bringing the Satoshi Vision to life \u2014 to create the world\u2019s new money and the global public ledger for the world\u2019s enterprises.[\/vc_column_text][vc_column_text]<\/p>\n\n\n\n Jimmy Nguyen<\/span><\/strong><\/p>\n\n\n\n Founding President, <\/span>bComm<\/span> Association<\/span><\/strong><\/p>\n\n\n\n & your friendly BSV Global Ambassador<\/span><\/strong><\/p>\n\n\n\n Wallets<\/strong><\/p>\n\n\n\n As we have previously summarized<\/span><\/a>, numerous wallets have announced exclusive<\/span> support for BSV – CashPay<\/span>,<\/span><\/a> <\/span>Centbee<\/span><\/a>, <\/span>HandCash<\/span><\/a>, <\/span>hivr<\/span><\/a>,<\/span> Pixel Wallet<\/span><\/a>, and more<\/span>. Last week\u2019s <\/span>further <\/span>progress<\/span> include<\/span>s<\/span>:<\/span><\/p>\n\n\n\n ElectrumSV<\/span><\/a> \u2013 considered one of the top Bitcoin wallets because of its strong technical feature set, key developers from the Electrum wallet project (and its spin-off Electron Cash for BCH) have released a BSV<\/span> version in the form of ElectrumSV<\/span><\/a>. Given that there are already strong BSV mobile wallets, ElectrumSV will focus on being a desktop wallet. Version 1.0.0 is available <\/span>for download <\/span>at <\/span>electrumsv.io<\/span><\/a>, <\/span>and is provided for free usage under the open<\/span>–<\/span>source <\/span>MIT license.<\/span><\/a> ElectrumSV is supported by the bComm Association and nChain. Read the bComm Association\u2019s official announcement here<\/span><\/a>.<\/p>\n\n\n\n HandCash<\/span><\/a> \u2013 the user-friendly mobile wallet (the one with the easy-to-use $handles) has announced a major update for its Android application. On Twitter, the team shares<\/span><\/a>:<\/p>\n\n\n\n Android 1.3 update for next week:<\/span><\/em><\/p>\n\n\n\n –<\/span>\u200bDeep wallet (internals) redesign, moving away from SPV.<\/span><\/em><\/p>\n\n\n\n – <\/span>\u200bDrastic improvements in speed and reliability, fixing all problems when displaying certain transactions<\/span><\/em><\/p>\n\n\n\n –<\/span>\u200bDrastic reduction of recovery time – from minutes to seconds.<\/span><\/em><\/p>\n\n\n\n –<\/span>\u200bPayment requests adapted to the new standard \u201c<\/span>bitcoin:?<\/span>sv<\/span>\u201d<\/span><\/em><\/p>\n\n\n\n –<\/span>\u200bThe update will automatically restore your <\/span>wallet<\/span> so everything is migrated to the new structure, it will just take a few seconds.<\/span><\/em><\/p>\n\n\n\n Coinomi<\/span><\/a> \u2013 the multi-coin wallet supporting BSV has released its desktop application. In the email announcement, the team explains:<\/p>\n\n\n\n Beside your native Android and iOS support, your coin is included in our latest Desktop release for Windows, Linux, and Mac.<\/span> (\u2026)<\/span><\/p>\n\n\n\n We value the coins in our ecosystem and we want to also share the good news that historical features and more exchange options are coming to the application very soon making it easier for users to interact with your coin.<\/span><\/p>\n\n\n\n Exchanges<\/strong><\/p>\n\n\n\n Exchanges are a useful on-ramp service that enables users to purchase and trade BSV, which they can then use<\/span> to facilitate transactions on the BSV blockchain that benefit their everyday lives. <\/span>More than 70 exchanges now list BSV, including some of the biggest global exchange services such as Binance<\/span><\/a>, Bitcoin.de<\/span><\/a>, or ShapeShift.io<\/span><\/a>.<\/p>\n\n\n\n Last week\u2019s new entry is from SideShift.ai<\/span><\/a>.<\/span> Similar in function to the exchange service ShapeShift.io<\/span><\/a>, SideShift allows users to exchange other cryptocurrencies for BSV, without some of the requirements needed to register for a fiat-to-cryptocurrency exchange.<\/p>\n\n\n\n To see all major exchanges that list BSV, visit CoinMarketCap<\/span><\/a> or CoinGecko<\/span><\/a>.<\/p>\n\n\n\n Developer Tools<\/strong><\/p>\n\n\n\n The Bitcoin developer community is rapidly creating more tools for BSV which help power user-friendly Bitcoin applications. New developments include:<\/p>\n\n\n\n Money Button<\/span><\/a> \u2013 the powerful and easy-to-use tool enabling and backing several other Bitcoin applications, such as Datapay<\/span><\/a> and ECIES<\/span><\/a>, has released an update<\/span><\/a> allowing bigger blocks<\/span>(such as the record-setting 103MB block mined on BSV on January 3) to be processed even faster<\/span>:<\/p>\n\n\n\n Our new monitor is now live! We can process the 103 MB block in about 40 seconds instead of 1 hour. In theory we can go up to about ~ 1 GB blocks without user experience being impacted. Do we have any remaining scaling issues? Bring on the next stress test!<\/span><\/em><\/p>\n\n\n\n BitIndex<\/span><\/a> \u2013 a developer tool powering other useful Bitcoin applications; services include a UTXO database, a wallet manager, and a blockchain API. The announcing tweet<\/span><\/a> describes the tool as follows:<\/p>\n\n\n\n BitIndex<\/span> API is now public for #Bitcoin #<\/span>SatoshiVision<\/span> developers.<\/span><\/em><\/p>\n\n\n\n Build your app faster and spend less time managing UTXOs and Wallets for Bitcoin.<\/span><\/em><\/p>\n\n\n\n Real-time UTXO database, manage wallets (XPUB <\/span>suppport<\/span>) and blockchain API.<\/span><\/em><\/p>\n\n\n\n Get your API key at <\/span>http:\/\/bitindex.network<\/span><\/a><\/em><\/p>\n\n\n\n Bitcoin SV Payments for WooCommerce<\/span><\/a> \u2013 a tool that enables payments in Bitcoin SV for physical and digital products at a WooCommerce-powered store. As the developer resource centre BSV\/DEVS<\/span><\/a> shared on Twitter<\/span><\/a>:<\/p>\n\n\n\n A new payment processor option has been added to <\/span>http:\/\/bsvdevs.com<\/span><\/a><\/em><\/p>\n\n\n\n Bitcoin SV Payments for WooCommerce is a <\/span>WordPress<\/span> plugin that allows you to accept payments in Bitcoin SV for physical and digital products at your WooCommerce-powered store.<\/span><\/em><\/p>\n\n\n\n Applications & Services<\/strong><\/p>\n\n\n\n Fivebucks<\/span><\/a> \u2013 the team behind the global freelance marketplace summarized<\/span> in a tweet<\/span><\/a> the significant progress it has made, in commemoration of the 10th<\/span> anniversary of the Bitcoin genesis block:<\/p>\n\n\n\n Happy 10 years <\/span>Bitcoiners<\/span>! <\/span>\ud83c\udf89<\/span><\/em><\/p>\n\n\n\n These days <\/span>Fivebucks<\/span> hit some small but important milestones: 500 listings, 1k freelancers, 200 completed jobs<\/span><\/em><\/p>\n\n\n\n We’re only scratching the <\/span>surface<\/span> but some REAL deals have emerged. Thanks to BSV, <\/span>Fivebucks<\/span> is already delivering #BCONVENIENCE<\/span>\u2517<\/span>(<\/span>\u00b0<\/span>0<\/span>\u00b0<\/span>)<\/span>\u251b<\/span><\/em><\/p>\n\n\n\n Memo.cash<\/span><\/a> \u2013 \u201chttps:\/\/sv.memo.cash<\/span><\/a> now has SV block explorer links!\u201d is the announcement from Memo.cash, allowing users to view transactions made on the popular blockchain-powered social media platform in a BSV explorer; directly linked blockchain explorers c<\/a>urrently include whatsonchain.com<\/span><\/a>, svblox.com<\/span><\/a>, and <\/span>bchsvexplorer.com<\/span><\/a>.<\/p>\n\n\n\n BSV-powered Passports \u2013 New Visions for Bitcoin from Dr. Craig S. Wright<\/strong><\/p>\n\n\n\n nChain\u2019s Chief Scientist Dr. Craig S. Wright has continued with his weekly series on his Medium account<\/span><\/a>, revealing new applications and uses for Bitcoin (possible exclusively on Bitcoin SV, because they use nChain intellectual property). In the powerful series, Wright shares his ideas about and expertise on new ground-breaking applications and services\u2014made possible on the Bitcoin SV blockchain<\/span><\/a>.<\/p>\n\n\n\n Wright\u2019s second entry<\/span><\/a> in the series is entitled \u201cSmart-card-based mobile wallets<\/span><\/a>,\u201d and focuses on the use of electronic cards (\u201csmart cards\u201d) to facilitate secure, feasible, yet user-friendly system authentication<\/span> through a Bitcoin (SV) wallet. The application is an enhanced application of nChain\u2019s patent innovation for \u201c