Look for ‘Satoshi’ in 2019 Oxford English Dictionary

The word “Satoshi” has been officially recognized by the Oxford English Dictionary for the first time, joining a slew of new words to be added to the dictionary this year.

According to the most recent quarterly update of words published by the Oxford University Press, the word has been added to dictionaries, alongside the likes of “Manhattanhenge”, “whatevs” and “chillax.” The update clarifies Satoshi’s usage as a unit of cryptocurrency, as well as highlighting its origins, derived from the founder of Bitcoin himself Satoshi Nakamoto.

Satoshi is the smallest monetary unit in the Bitcoin cryptocurrency, and is named after Satoshi Nakamoto, the—probably pseudonymous—developer(s) of Bitcoin.

According to the new dictionary definition, a Satoshi is the “smallest monetary unit” in BItcoin.

The smallest monetary unit in the Bitcoin digital payment system, equal to one hundred millionth of a bitcoin.

With the addition, Satoshi joins Bitcoin, which was first added to the dictionary in 2014—years before it entered into common usage, though still several years since the term was first…coined.

According to the OED, the term was first used back in 2008, immediately prior to the launch of BTC in 2008, appearing “in a message to an electronic mailing list in 2008 which describes a ‘new electronic cash system’ which is ‘fully peer to peer, with no trusted third party’ handling payments between buyer and seller.”

It noted, “Whether or not the name under which this message was sent, ‘Satoshi Nakamoto’, is a pseudonym, and whether this name is being used by a single person or by a group, Nakamoto’s claim to have coined the word ‘Bitcoin’ seems relatively secure.”

Further, the authoritative dictionary says Satoshi was reportedly born in 1975. However, Dr. Craig Wright, the founder of bitcoin, was in fact born in 1970, and it remains unclear to whom the dictionary refers on this detail. Nevertheless, the inclusion of Satoshi in the dictionary shows the increasingly mainstream nature of the cryptocurrency world.

Following a similar trajectory as use of the word ‘Bitcoin,’ it is expected that “Satoshi” will be more commonly used and understood in the coming years, as essential terminology for those using and discussing crypto for payments.

How RelayX is making Bitcoin SV ‘more user friendly than ever before’

Wallet app RelayX has said it is making Bitcoin SV (BSV) more user friendly than ever before, as it continues to develop its crypto superwallet.

Announcing a series of product updates, the app said it would allow users greater flexibility and control over their cryptocurrency payments, as well as announcing new integrations for the service. Of particular note was the launch of an integration for BSV-powered social media platform Twetch, which allows users to own and monetize their content in BSV.

In a Medium post, the RelayX team said they’re introducing new ways for users to buy BSV in alternative tokens, aka “sh*tcoins”.

First, we break ground by introducing alternative blockchains colloquially referred to as sh*tcoins to the Relay settlement ecosystem. In theapp latest version of our RelayX app, users can now fund their Bitcoin SV Superwallet seamlessly with Bitcoin Core (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Tether (USDT).

RelayX has also removed the need for users to hold a balance in BSV before they can use BSV, combining top-up and payment into a single function, with automatic conversions and fee calculations.

Second, users no longer need to maintain a balance in BSV in order to use BSV. Volatility is an ever-present issue for prospective users and we have alleviated that by combining Top up & Pay into one action. RelayX users can now scan a BSV address or enter a 1handle or Paymail and pay with any fiat or alternative cryptocurrency of their choice. All conversion and fee calculations are done for you, ensuring that the recipient receives exactly how much you wanted them to receive.

The wallet app has also added contact book functionality, making it easier for users to send to the same contacts time after time.

It noted, “Third, we are adding Contacts so you can save your friends’ 1handle and Paymails for easy sending. We envision enabling you to add fiat and alternative cryptocurrency contacts in a future release.”

Celebrating the product upgrades, the wallet app said it was RON, the Relay On-chain Network powered solely by BSV, that was delivering these benefits.

“Importantly, many of these upgrades to RelayX are made possible and efficient by RON — the Relay On-chain Network which operates entirely on Bitcoin SV. We are excited to share more details about RON — how it works, and how it can power a wide range of on-chain applications, e-commerce, wallets, and financial institutions, in an upcoming public launch blog post of its own,” according to the RelayX team.

The wallet app is currently in beta in Google Play and iOS Testflight.

BSV-powered gold token Amleh announced at CoinGeek Seoul

Eli Afram is launching Amleh, tokenized gold powered by bitcoin SV.

The project is being pioneered by Afram’s Layer2, a holding company he co-founded alongside chairman Josh Sleiman and COO Bill Hotait, with the mission of bringing the “utmost utility and value to the BSV blockchain.”

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The company operates four subsidiaries. First, there’s MetaNet Labs, the education arm of the business. The company’s mission is to help in training, awareness, and increasing the visibility of BSV across the firm’s core markets of Australia and Southeast Asia.

MetaNet Solutions, the development arm, is working on developing various ecosystem applications internally as well as external client developments on BSV.

Small World Mining is the company’s crypto mining operation, currently in development, which will use hydro and biomass power to support the bitcoin network.

But arguably most significant is Amleh, the first project of its kind to tokenize gold on BSV.

Amleh was presented to delegates at the recent CoinGeek Seoul Conference by Bitcoin Association President Jimmy Nguyen, on behalf of the development team at Layer2.

The Amleh token offers a digitized, on-chain gold token, emulating gold certificates that have existed off-chain for decades. While the principle is nothing new, the technology is revolutionary in its impact, thanks to the scalability of the BSV blockchain and the flexibility of the Tokenized protocol.

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Scalability allows for gold to be tokenized down to the milligram, or pennies of value. With the network’s capacity for instant, secure transactions and mass scale, the token is envisaged as a possible currency—flexible and low-cost enough to be used to buy a packet of gum.

The initial issue is set for an amount of 10kg of gold. Audit reports will be uploaded and stamped immutably to the blockchain, with transparency and legitimacy both key tenets of the model.

According to Afram and the developers behind the project, Amleh is an attempt to move away from the “hysteria” of crypto labels. The initial issuance is not an ICO—rather, it is a digital representation of a real-world asset, as frequently described as a prime use-case by Dr. Craig Wright.

Powered by bitcoin SV on the award-winning Tokenized protocol, Amleh is backed by physical gold reserves held in a vault on a 1:1 basis.

Because BSV seeks to remain stable, it is perfectly suited to enterprise building. It’s also scalable, but not subject to surprise changes in technology or direction. The Tokenized protocol works within the real world, within the realm of regulatory frameworks and within the confines of law.

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The firm is planning the development of a wallet as well as POS technology for Amleh, which could ultimately facilitate its use as a gold-backed cryptocurrency, should any government decide to use it in future.

The development is just one of a number of exciting projects discussed at the CoinGeek Seoul Conference earlier this month, at a time of rapid innovation and development on BSV. 

NiceHash co-founder arrested yet again

The co-founder of hash power broker NiceHash has been arrested by law enforcement in Germany, following allegations of involvement in the theft of millions of dollars.

Matjaz Skorjanc was arrested at the request of U.S. authorities on charges relating to the alleged thefts, along with several co-conspirators thought to be behind significant crypto fraud and criminality. According to local press, Skorjanc was arrested on Sept. 30 and detained by the authorities, pending trial and a possible extradition.

Skorjanc is wanted by U.S. authorities for setting up black marketplace Darkode, described as “the most prolific English-speaking cybercriminal forum to date”, and regarded as a hotbed for online criminality.

He is also sought in connection with Mariposa, one of the most significant botnets involved in DDoS attacks and cyberscamming, which was first discovered in 2008. While the botnet was shut down in 2009, it is thought to have infected over 1 million computers worldwide.

In June, press reports suggested the FBI was on the hunt for Skorjanc and others over an alleged conspiracy to distribute malware through the Darkode platform.

He was charged along with American Thomas McCormack, Spaniard Florencio Carro Ruiz, and fellow Slovene Mentor Leniqi on charges including conspiracy to commit wire, bank fraud and racketeering.

According to the U.S. Department of Justice, the charges include access device fraud, identity theft and extortion.

Should Skorjanc be convicted of one or more of the charges, he will likely face an extended jail term in the U.S. He previously served a five year prison term, and was only released in 2017.

The case is only the latest example of cybercriminals relying on cryptocurrency to scam their way to ill-gotten fortunes.

It comes on the same day the trustee in the now-defunct Mt. Gox exchange asked the U.S. Department of Justice for more information on the former-CEO of the controversial BTC-e exchange, Alexander Vinnik.

Alleged to have been involved in large-scale crypto fraud, theft and money laundering, Vinnik is currently in Greece pending extradition, with competing requests from the U.S., France and his native Russia.

Russia digital rights act defines smart contracts, cryptocurrency

Russian lawmakers have introduced a new law defining cryptocurrency and smart contracts, as part of ongoing efforts to tighten the rules around cryptocurrency.

According to reports in local media, the new laws specify the appropriate legal treatment for digital assets and smart contracts, and introduces the concept of “digital rights” into Russian law for the first time.

The bill means that digital rights will be treated in the same way as securities or other contractual rights. It clarifies that digital rights will be governed under civil law.

Automatically executing smart contracts will be treated in the same way as automated payment used by mainstream banks, while requiring information attached to each transaction, such as the identity of the digital rights owner and other parties to the transaction.

The Russian legal system is not based on common law, meaning there are no precedents—only laws written to the country’s civil code are enforceable. This means the bill will effectively be introducing regulatory structure to cryptocurrency and digital assets for the first time.

Russia has historically been reluctant to embrace cryptocurrency, and to date, the sector has been largely unregulated in Russia.

Ongoing efforts to develop legislation have stalled time after time, with lawmakers apparently struggling to create sufficient structures for regulating the fast-moving crypto space.

The new laws have been seen as one of the first tentative steps from the Russian authorities towards regulating crypto, at a time of an increasing international push towards establishing regulatory regimes for digital assets.

The Russian government had previously suggested it might ban cryptocurrency outright, and lawmakers have been reticent to embrace the technology fully for fear over its applications in criminality and its impact on the wider financial system.

Those suggestions have since been retracted, and the Russian authorities have appeared to warm to the idea of regulating the sector. As of November 2016, the Federal Tax Service of Russia said that cryptocurrency was “not illegal.”

The news will be welcomed by those operating in and around the Russian crypto sector, many of whom have called for greater clarity on the law around cryptocurrency and smart contracts in the country.

Crypto payments ‘coming soon’ in Venezuela

The controversial president of Venezuela has said Venezuelans can expect crypto payments to be activated “very soon,” in a move that looks set to introduce more flexibility to payments in the country, Bloomberg reported.

President Nicolas Maduro said the crypto payment service would allow “free national and international payments,” providing new instruments for Venezuelans to conduct banking transactions.

In a televised press conference this week, Maduro said the government, in partnership with the central bank, was poised to launch the new crypto payments system.

The finance minister and Venezuela’s central bank have new instruments which we will activate very soon so that everyone can do banking transactions, as well as national and international payments through the central bank’s accounts. Venezuela is working within the cryptocurrency world.

It comes just days after it was reported that Venezuela’s central bank was preparing to add cryptocurrencies to its international reserves, namely BTC and ETH.

Venezuela is of course no stranger to cryptocurrency, following the launch of the state-backed Petro token. Backed by the country’s oil reserves, the Petro was intended to help Venezuela circumvent international sanctions.

The country has attempted to convince other countries to trade oil in Petro as opposed to the U.S. dollar, which would again allow the country to evade economic sanctions introduced by the U.S.-led international community.

The Petro has been hotly contested since it was launched, with political opponents and commentators branding the move as unconstitutional for its reliance on the state’s oil reserves.

The cryptocurrency has also come under international fire, with U.S. authorities in particular expressing a dim view about the token and those engaged in illegal transactions with Venezuela in Petro.

The news of a forthcoming crypto payments system would ratchet up the international pressure, and likely attract further criticism and condemnation, at a time of growing international scrutiny on the embattled Venezuelan state.

With the weight of economic sanctions still bearing heavy on Maduro, and Venezuela’s, shoulders, the government hopes the system will allow access to more stable payments for those operating in and trading with Venezuela.

What are the challenges to adopting blockchain technology?

Blockchain technology is already having a transformative effect on industry, with sectors across the board set to benefit from adopting blockchain technology. Much of the innovation on the frontline has come from large corporations, with the likes of Bank of America notable by their flurry of IP activity around new blockchain applications and implementations.

But for organizations more broadly, there still remain some key challenges to adopting blockchain technology and reaping the benefits.

According to the World Economic Forum in a whitepaper entitled “Blockchain Beyond the Hype: A Practical Framework for Business Leaders,” adopting blockchain technology is a business, as well as a technological, decision.

“Whether to adopt blockchain is not merely a technological decision; it is also a business decision. Good use cases must solve real problems for organizations. Great use cases solve real problems at a cost that is significantly lower than the benefits the adoption brings. As the decision-makers within an organization, it is important not to be tempted by the hype but instead to think honestly about whether using blockchain is a sound business decision – even in those cases where a well-defined problem exists,” the WEF experts noted, adding:

As with any technology deployment, the business need itself is the place to start. Blockchain’s unique properties, however, mean that a new analytical framework is useful, in part because of the fact that blockchain has emerged at a unique point in society’s technological development.

Perhaps most pointedly, the key challenge businesses face in adopting blockchain technology is the development and implementation costs, not to mention the technical challenges.

Furthermore, businesses face challenges over their choice of blockchain, with some more technically suitable for enterprise use cases.

On both fronts, Bitcoin SV (BSV) is emerging as the commercial blockchain protocol of choice, allowing for rapid, low-cost transactions and quickly development and deployment of on-chain apps.

The CoinGeek Seoul conference is a chance for developers to learn more about Bitcoin SV, and how it’s enabling the world’s new money. Pitched at developers, business leaders and other stakeholders, including those new to BSV or currently working on other projects, the event is a chance to find out more about the development of BSV as it continues to scale towards global mainstream adoption and usage.

Featuring keynote presentations from esteemed speakers, including Bitcoin founder Dr. Craig Wright, the two-day event is expected to draw attendees from around the world, keen to find out more about Bitcoin and blockchain technology.

For more information and to buy tickets for the CoinGeek Seoul Conference 2019, visit the official website today.

Get 20% off the CoinGeek Seoul conference tickets when buying with BSV, plus conference attendees can also take advantage of exclusive discount to the Le Meridien Seoul. Check out this link, select “Group code” at the Special Rates tab and simply type the promo code RE1RE1A to receive the hotel discount.

PBoC dismisses talk of ‘imminent’ China cryptocurrency launch

The People’s Bank of China (PBoc) has dismissed talk of an imminent launch of its new cryptocurrency, citing the need for more time to address outstanding regulatory issues, state media outlet Xinhua reported.

The central bank had previously said its sovereign digital cryptocurrency was “almost ready,” leading to speculation in local press that it could be launched as soon as November. In fact, November 11 had been identified by some commentators as a potential date for the launch, coinciding with China’s Single’s Day, one of the busiest online shopping dates in the calendar.

However, the governor of the People’s Bank of China, Yi Gang, doused any further speculation in comments made at a press conference in Beijing, telling reporters the project did not “have a timetable.”

Development activity would continue, he said, in order to allow time for more work on “research, testing, trials, assessments and risk prevention.”

If the [sovereign] digital currency involves cross-border use, it will involve a series of regulatory issues regarding anti-money-laundering, anti-terrorism financing, anti-tax evasion as well as know-your-client protocols.

China is the first of the world’s major economies to begin work developing a state-backed stablecoin. Work has been underway since 2016, when the bank set up a dedicated research institute to explore the technology and how a fiat-backed stablecoin would work in practice.

Since then, the PBoC has acquired numerous patents covering elements and applications of its technology, yet has remained tight lipped on the specifics of the development work around their cryptocurrency.

Development activity appeared to speed up following the announcement of Facebook’s Libra last spring, and there have been suggestions of an approaching launch for China’s central bank ever since.

The PBoC has said that in time, the cryptocurrency will have the same legitimacy as current yuan banknotes, with the bank expecting digital transactions to replace fiat notes altogether in time.

With the news appearing to contradict recent speculation around the launch of the cryptocurrency, it looks as though the world will have to wait a while longer for China’s cryptocurrency. When it does eventually go live, the launch will be watched with keen interest from central banks elsewhere, with institutions in a number of countries reported to be considering similar proposals. 

Facebook Libra may not launch in time after all

Facebook founder and CEO Mark Zuckerberg has suggested Libra may not launch on time after all, in a week that has seen the stablecoin meet more resistance from regulators.

Earlier in the week, the Bank of Japan (BoJ) became the latest central bank to voice its opposition to the project, calling for strict standards of international regulation to control the proposed stablecoin.

Libra had been scheduled for release in 2020, with plans for an international rollout. Now, in an interview with Nikkei Asian Review, Zuckerberg appeared to imply there was flexibility in that timescale. Acknowledging the concerns of regulators and other industry stakeholders, Zuckerberg said Facebook would “work through” these challenges before proceeding with the launch of Libra.

A lot of people have had questions and concerns, and we’re committed to making sure that we work through all of those before moving forward.

Tellingly, he suggested it could take a number of years to get the launch right, in remarks which appear to come in response to the growing disquiet of financial regulators and central banks worldwide, saying, “Obviously we want to move forward at some point soon [and] not have this take many years to roll out…But right now I’m really focused on making sure that we do this well.”

Zuckerberg said that Facebook now intends to have a period of review and consultation before the launch, which could add further delay to the rollout.

“Part of the approach and how we’ve changed is that now when we do things that are going to be very sensitive for society, we want to have a period where we can go out and talk about them and consult with people and get feedback and work through the issues before rolling them out,” he told the news outlet. “And that’s a very different approach than what we might have taken five years ago. But I think it’s the right way for us to do this at the scale that we operate in.”

While Zuckerberg stopped short of putting a revised timeline on the launch, his comments pour cold water on the promise of a 2020 launch.

Even on a longer-frame timescale, Facebook still has a number of challenges to overcome in order to get its stablecoin into circulation. 

Crypto mining firm Hut 8 hits Toronto Stock Exchange

A crypto mining company has been granted conditional approval to list on the Toronto Stock Exchange (TSX), becoming the first company of its kind to be listed in a public trading venue in Canada.

Hut 8 Mining Corp. is the first company to be listed via the Toronto Stock Exchange Sandbox, where it will be given a 12-month probation period to demonstrate compliance. Should the company pass this compliance threshold, it will automatically join the main TSX after that period, opening it up to mainstream access to capital markets.

The Canadian mining company is an exclusive North American partner of mining hardware manufacturer Bitfury Group Ltd. Across its two sites in Alberta, the firm contributes 963 PH/s to the network, running 94 BlockBox AC mining units.

The TSX Sandbox was set up to allow firms that don’t satisfy the listing requirements for the main exchange, but might still otherwise be suitable candidates for inclusion on the exchange.

Hut 8 will be allowed a rolling 12-month period during which it must avoid compliance issues. During that period, shares will be available for trading in the same way as regularly listed securities. Any compliance issues arising during the period will reset the probation period.

For the duration of the period, Hut 8 will be required to make two additional disclosures, highlighting risks inherent in their investment proposition: First, “The value of Hut 8 shares is directly linked to the price of the Bitcoin held by the company. Volatility in the Bitcoin market can therefore impact the price of shares.” Also, “The company is in an early stage of development and therefore has a limited history of operations.”

Hut 8 securities will be listed under the HUT ticker symbol, or as “HUTMF” on the OTXQX Exchange.

The news means Hut 8 will now be able to access capital markets, the first company of its kind to list in this way in Toronto. It also serves as a trailblazer for other mining firms to list in future, though it remains to be seen whether the firm can overcome the compliance tests necessary to graduate to a full listing.

CoinGeek Seoul survival guide: Here’s everything you need to know before traveling to South Korea

With the CoinGeek Seoul Conference 2019 fast approaching, South Korea’s capital is set for an influx of visitors from the crypto community. Developers, entrepreneurs and academics from around the world will descend on the city for the event this October 1-2 to learn more about Bitcoin SV and the world’s new money.

Many will visit Seoul for the very first time. If that’s you, there are a few useful tips you can bear in mind while you’re there to make the most of your time in South Korea.

There are several ways to get to the Le Meridien Hotel, located in Gangnam, from Incheon International Airport. The airport shuttle service runs from 05:00 to 22:52. Monday-Sunday, and costs KRW16,000 (US$14) one-way. Taking a taxi from the airport to the hotel will cost about KRW57,000 (US$50), while take the subway will cost KRW4,250 (US$4). Alternatively, visitors can call the hotel and request for a pick-up service for KRW190,000 (US$160) one-way. Check out the exchange rates here.

CoinGeek Seoul survival guide: Here’s everything you need to know before traveling to South Korea

Seoul benefits from one of the world’s most impressive transport networks, with comprehensive train, subway and bus route coverage across the city. For the first time visitor, navigating these options can be confusing—step up apps like Subway Korea (Jihachul) and Kakao Metro.

CoinGeek Seoul survival guide: Here’s everything you need to know before traveling to South Korea

Available in English, Japanese and Korean, the Jihachul app covers subway and train routes across Seoul and beyond, helping visitors make sense of how best to move from A to B. Simply tap your start and end points to learn the quickest route, the travel time, ticket cost and other useful information – including how to find toilets within each station.

CoinGeek Seoul survival guide: Here’s everything you need to know before traveling to South Korea

Kakao Metro offers similar functionality, including arrival alarms so you know when to alight and easy integration with KakaoTalk for sharing travel times.

For many visitors, language will prove a barrier to traveling around the city. Fortunately, there are apps designed to help travelers communicate while in Korea, with the likes of Hello Talk and Papago there to assist with on-the-fly translations.

CoinGeek Seoul survival guide: Here’s everything you need to know before traveling to South Korea

Hello Talk pairs up users with native Korean speakers to help learn the essential words for a successful stay. Papago offers up a type-and-translate feature, where you simply type in the words you’re trying to say in your own language and the app reads them out in Korean—the perfect solution to any language issue during your visit.

CoinGeek Seoul survival guide: Here’s everything you need to know before traveling to South Korea

With all the goings on at CoinGeek Seoul, delegates will inevitably build up their appetite. When it comes to food in Seoul, you’re spoiled for choice—but again, language can prove a barrier for some in ordering the food they want.

CoinGeek Seoul survival guide: Here’s everything you need to know before traveling to South Korea

Yogiyo is another quick addition to your smartphone that will make life a whole lot easier. The app serves up simple pictures of different types of food to allow users to choose their meals, without relying on any knowledge of Korean or local eateries.

One more thing: don’t forget to pack a power plug adapter. South Korea is on the 220V standard at 60Hz, and uses a Type C and/or a Type F plug. 

CoinGeek Seoul is set to be the cryptocurrency event of the year, with opportunities to attend talks and meet with some of the most influential developers in the BSV community.

With a few helpful apps on your smartphone, you’ll be well on your way to an enjoyable, as well as informative, stay at the event.

Bitcoin SV Vision: Episode 25

President of the Bitcoin Association Jimmy Nguyen is back with a new episode of the Bitcoin Vision, looking at the latest developments in the BSV ecosystem. In this episode, Nguyen looks at the latest progress in BSV’s journey as it continues to grow towards massive scale adoption, to meet the original whitepaper vision of bitcoin.

CambrianBSV Bootcamp

Many leaders from the development community came together for the CambrianBSV Bootcamp, a week-long intensive program for building on BSV, with a focus on applications generating transactions on the BSV blockchain.

Organized in partnership with the Bitcoin Association, the event took place in the idyllic surroundings of Bali, Indonesia, bringing together top BSV developers from around the world to share their knowledge.

Leading developers spend the week collaborating with and learning from their peers, with representatives from some of the world’s most notable BSV projects in attendance. Throughout the week, workshops from leading developers, as well as live video meetings with academics like nChain’s Dr. Craig Wright, helped the event get off to a flying start.

Nguyen said the Bitcoin Association was delighted to help with the event, and extended the invitation of support to other groups thinking about launching their own BSV bootcamps and events.

2nd BSV Virtual Hackathon

Nguyen discussed the 2nd BSV Virtual Hackathon, ahead of final judging at the CoinGeek Seoul Conference on October 1-2. During the event, the three finalists from the virtual hackathon held in August will be judged by a panel of industry experts plus the CoinGeek Seoul audience, to determine which project ultimately goes on to be declared the winner.

The judging panel for the event will be comprised of nChain CTO Steve Shadders and nChain chief scientist Dr. Craig Wright. They will be joined by Lin Zheming, CEO and founder of Mempool, as well as prolific tech investor and film producer Sam Chi.

Their votes will be combined with a single audience vote to determine which of the projects is the overall winner, and to determine the share of the $35,000 prize fund—payable of course in BSV. 

Ellipal

In a sign of the growing appeal of BSV to crypto users on a mass scale, hardware wallet manufacturer Ellipal announced it has added support for BSV to its leading Titan wallet. A super secure storage system for crypto assets, the wallet allows users to store private keys offline for maximum security, which provides an easy to use interface for a seamless user experience.

According to Ellipal, support for BSV was introduced in response to strong user demand, at a time when more people than ever are choosing BSV as the original and most effective vision of bitcoin.

BitBoss

Ever fancied winning some BSV? Now you can, with BitBoss. BitBoss has introduced the world’s first casino tokens on the tokenized protocol, designed for use in gaming applications.

The tokens mean mobile games can run using BSV or custom casino tokens recorded on the blockchain, with double-sped protection in place to guarantee security. The tokens can initially be used in conjunction with games like lotteries and baccarat, demonstrating the capabilities of the token which could ultimately become a standard in blockchain gaming.

The choice to release on BSV means microtransactions can take place on a low cost, fast settlement basis, allowing for more efficient gaming on the blockchain.

WallStreet5

Notable BSV supporter WallStreet5 is back with another generous donation to furthering the work of the Bitcoin Association and BSV. WallStreet5 previously donated BSV to fund travel costs of developers to attend CoinGeek Toronto, and has repeated the feat with an offer of up 150 BSV in donations to the Bitcoin Association to fund more places at the conference.

Thanks to their generosity, approximately 20 developers, including runners-up for the Hackathon event, will now be able to travel to Seoul for the CoinGeek Conference on an all-expenses paid basis—more than worthy of this episode’s Satoshi Shout-Out.

The CoinGeek Seoul Conference runs from October 1-2. Get 20% off the conference tickets when buying with BSV, plus conference attendees can also take advantage of exclusive discount to the Le Meridien Seoul. Check out this link, select “Group code” at the Special Rates tab and simply type the promo code RE1RE1A to receive the hotel discount.