Easy file and text sharing on the Bitcoin blockchain: Bitpaste review

Out of the many real-world developments being seen on Bitcoin SV (BSV), BitPaste is the latest to receive the spotlight. As with any new application (does anyone remember what apps looked like when Windows was first launched?), BitPaste is still in its infancy and has room to improve, but it is already more robust than similar apps, making a function used every day by millions even easier. It is now possible to share files or text with anyone, anywhere with the BSV blockchain.

In accessing the BitPaste website, users have the choice of sending text, code or even a file. A range of formatting options are possible, including the ability to insert HTML codes and graphics, quotations, bullet points and much more. Sending a file is as simple as dragging it to the platform. From there, the user only has to save the file and then send the location to share it. 

Once the file is saved and the address created, users can send the hash to whomever they want. The recipient can take the address to the website, insert it into the search field and view the results.  It took all of three seconds for me to create this file. Just copy the link, go to BitPaste.app, paste it and see the results. 

When the file is saved, a little bit of BSV has to be paid, which is, of course, understandable. However, it’s only less than $0.01, making it a fair deal. By monetizing the sharing process, it helps to reduce the amount of clutter and FUD that could otherwise be introduced.

As with anything done on the blockchain, the file will remain in place and intact, unable to be changed by anyone. If you want to check back ten years from now, that address should still show the same results. This is one of the reasons blockchain technology really shines. It allows information to be stored and shared on a permanent basis, with no possible chance the information can be altered.

Bitcoin SV wallet HandCash rolls out version 2.0

HandCash launched a Bitcoin SV (BSV) wallet app that was designed around a simple concept – make it easy for users to send and receive cryptocurrency. Instead of long addresses that were impossible to remember, users could register with names or their own alphabet schemes and conduct transactions with just these names. The wallet has already proven to be highly popular and extremely fast, and has continued to make improvements. Version 2.0 is now ready to be introduced after some final tweaking.

The wallet developers provided details about the changes through the official HandCash Twitter feed, explaining that the new version had been released without a huge public announcement. It subsequently decided to pull back on new migrations from the old “$handle” system as it sought to improve the customer experience, adding that it had found a bug in the UI that had made it difficult for some users to properly upgrade.

Any user who has already upgraded won’t be impacted by the temporary migratory halt, but legacy addresses are going to be disabled as the changes are made.

All HandCash users will ultimately need to upgrade to the new version. The process is simple and consists of downloading the respective version depending on whether or not Android or iOS is used, and then following a series of instructions. These include copying a migration code that can found in the beta version and entering it into HandCash 2.0. The code is specific to each user and HandCash warns that it shouldn’t be shared with anyone else.

After the new account is created, users will need to move their funds from the beta version, the original HandCash, to the new one. This can be accomplished via either a migration assistant in the beta app or by sending them from one to the other using the Bitcoin address.

HandCash 2.0 is more than just an upgrade; it’s essentially a rewritten app. As such, current backups in place for the beta version won’t work when users start to use 2.0. There also is no way to effectively migrate saved contacts, so new lists will have to be created. The $handle system on beta will be disabled after the launch of 2.0, resulting in only transactions using legacy addresses or QR codes being allowed.

It’s important to note that HandCash 2.0 won’t keep any list of $handles that had been used in the beta version. Any existing beta $handle that isn’t claimed by someone prior to November 15 will be released and be made available to someone else, so procrastination on upgrading isn’t recommended.

Smart contracts are possible on Bitcoin SV thanks to GearSV

As Ethereum’s future continues to look increasingly bleak, the prospect that the blockchain built to offer smart contracts will remain viable becomes questionable. Smart contracts are undoubtedly one of the major advantages to blockchain technology and, fortunately, there is a safer, more robust and more secure alternative. Thanks to GearSV, smart contracts can be built on Bitcoin SV (BSV), the strongest blockchain and the only one that has proven capability to support large blocks. 

According to a Medium post by Sean Pollock of GearSV, “Thanks to _unwriter’s Neon Planaria and Bitbus library, Bitcoin Devs now have an easy way of synchronizing off-chain application state with the eventual consistency of the mining nodes.” This also means that ordering by block height is possible, as well as transaction indexing by inner blocks. Ultimately, this allows one single solution that can be used to build Turing complete applications on BSV

Servers that run the application code can start and stop at will, without losing continuity of data. When a server is brought back online, it can scrape the previous block and know exactly everything that has transpired since the server was last active. Since all of the data is stored in the “on-chain tape,” it becomes impossible for someone to try to maintain two separate versions of the legal data – no more Enrons, no more Bernie Madoffs.

Pollock adds, “Unlike platforms such as Ethereum, where all contracts are run by a single VM [virtual machine], Bitcoin smart contracts are already completely sharded 1 VM per contract. In fact, you can run an unlimited number of VM’s per contract continuing to increase the availability to end users as desired.”

Ultimately, GearSV is able to offer a platform that is versatile and powerful that helps to advance the use of the blockchain in real-world commercial operations. Being the only blockchain that has the capable to process large block sizes, with blocks of more than two gigabytes already confirmed, BSV is able to deliver a viable business solution with real-world implications that will drive commercial activity well into the future. As the only blockchain that adheres to the original principles of Bitcoin, BSV is well positioned to succeed as other crypto projects continue to fade away.

ClassifiedSV makes it easy to sell/buy anything using BSV

You want to hire a freelancer to do some work and find the perfect candidate, but he lives in another country. You want to put your Pokemon card collection up for sale and need the cash fast, but bank transfers will only slow the sale down and eat into the profits. These real-world scenarios are perfect examples of where cryptocurrency excels, and a new online platform that facilitates transactions of virtually any kind make it easy. ClassifiedSV, also known as “5¢ Space,” takes the power of Bitcoin SV (BSV) to allow individuals to buy and sell their goods and services, as well as promote events and much more.

According to the website, “5¢ space is a Metanet inspired classified ad board where users can buy, sell and trade.” It was just launched last month, offering community-free listings and a PayPal payment gateway. However, understanding the true value of BSV, it is replacing PayPal and its associated high fees with a BSV payment gateway, helping users save a considerable amount of money on their transactions.

The site offers a marketplace for buying and selling goods, offering technical support and creative services, announcing events, digital real estate and much more. Because it is using BSV as the currency, it is a true global marketplace that can connect individuals from anywhere in the world. Incorporating the Money Button, a simple method for making BSV payments, allows users to post their ads for just $0.05 a day at a minimum of 20 days.

ClassifiedSV explains, “Each 5cent ad allows you to upload 3 high-resolution featured images for your listing slider. In the ad body, you are only limited by your imagination. Each 5cent ad allows for unlimited text and photos, you can even embed videos or any iframe element such as Soundcloud, Vimeo or Youtube.”

Once registered with the site, the ad owner receives access to a personal dashboard that allows him or her to make edits to the ad, check for received interest and offer responses to inquiries. Payments are only required for certain categories – announcements, for example, are allowed to be posted on community boards for free for up to three months. This covers free items, general entertainment, wanted ads, volunteer ads and lost and found.

The site is currently hosted on a WordPress-based database, but this was only to get the ball rolling. All information – payments, data transactions, listings – are going to be migrated to the BSV blockchain with a Money Button or HandCash identity solution. As BSV has already been found to be able to handle large block sizes, ClassifiedSV is the perfect example of what the BSV blockchain can offer consumers.

Odd Bitcoin Cash activity has holders nervous

The Bitcoin Cash (BCH) network reportedly came under attack recently, leading to a tidal wave of questions and concerns about the blockchain’s stability. That attack initiated a series of questionable transactions that are causing even some of the most hardened BCH enthusiasts to have second thoughts about the network’s long-term viability and stability as an alternative to fiat.

Network analysis has shown that there have been unidentified miners throttling the blockchain so heavily that a backlog in activity had become the new standard. The miners were never traced to a particular mining pool, which only added to the mystery. The overwhelming amount of activity could not be traced to any particular event, such as a planned stress test, and the backlog of transactions took nine hours to be completely cleared.

According to a breakdown of the activity, which had been posted on Reddit, miners were able to generate 18 blocks an hour – three times the amount that should have normally appeared. The Reddit post explains, “It is important to note that persistent backlogs are a death-blow to the [zero-confirmation] concept, which requires predictable next block inclusion. As long as there is no backlog, then a recipient can know that any transaction that pays the minfee [minimum fee] will be accepted. Under conditions of backlog, this predictability is degraded, possibly fatally.” That last statement is particularly ominous, as it suggests that subsequent blocks would be impacted and that the entire system could crash. 

While the blockchain appears to now be back to normal, the activity has posed some serious questions. If it were so easy for the attack to occur, what’s to stop another, larger attack from being launched? Additionally, the low-fee broadcast transactions, which are often indicative of a dusting attack, could have been setting the stage for that larger attack. Litecoin saw a similar dusting attack last month, which may or may not have been linked to the most recent BCH attack.

The price of BCH wasn’t permanently impacted by the attack or the backlog; however, a look at the blockchain’s hash rate on bitinfocharts.com shows that it has stagnated this year, along with its number of transactions.

WeatherSV review: Reshaping global climate data storage with BSV

As blockchain technology started to be introduced, one question was repeatedly presented. Businesses want to know why a new technology should be adopted before making any commitment to change, and they have a valid point. The amount of money and resources that have to be applied to an operational transition is substantial, and no successful business will dedicate those components without an understanding of what they will receive in return. Bitcoin SV (BSV), the only cryptocurrency and blockchain project that follows the original Bitcoin design, has repeatedly provided a wealth of real-world applications that demonstrate how versatile and flexible the BSV blockchain is. One of these applications is WeatherSV, which is revolutionizing how global weather data is managed, in ways that no conventional solution could ever provide.

WeatherSV was first introduced on April 3 of this year. Since then, it has grown to include 4,631 active channels across the globe and processes over 110,000 transactions each day – all with hourly updates to the channels. Based out of Australia, the developers behind the platform set out to create a solution that would capitalize on the benefits of the blockchain to increase efficiency and reduce waste associated, initially, with the country’s agricultural activity.

Weather data is autonomously fed to the BSV blockchain, where it is recorded, indexed, stored and put to use. It’s more than just a way to see what the temperature outside is, though. The development team is making it easier to store climate details such as precipitation, humidity, air pressure, UV Indices, historical data and forecasts. Feeds from existing weather stations are also being linked in to provide as much data as possible.

Among other locations, WeatherSV has existing channels in the U.S. – in cities like Miami, Newport Beach, Minneapolis and more – and in countries that include Australia, Canada; South Korea; Panama; Mandalay, Myanmar; Germany; Oslo, Norway; China; Argentina; Chile and Israel. Users can create their own channels for right around $4, allowing them to easily store local weather data for their own use, or to share with the global community.

The platform exists on BSV for two simple reasons. BSV is the only blockchain that can provide on-chain scaling to levels that support major amounts of business-related data and traffic. In addition, the transaction fees associated with BSV are substantially lower than they are with other blockchain solutions. WeatherSV developers explain, “To run the same application on BTC [Bitcoin Core] or even BCH [Bitcoin Cash] although technically possible would be cost prohibitive.”

While certain businesses may not be able to readily identify the benefits of WeatherSV, although there are many, the underlying capability is important. The ability to manage large amounts of data and transactions on a single, immutable platform that has been proven to be robust gives companies the ability to embrace the blockchain efficiently and easily, increasing their internal and external processes and providing a boost to their bottom line.

Bitcoin SV London meetup this Thursday to feature big names

Bitcoin SV (BSV) meetups have become extremely popular, with new gatherings launching across the globe on a regular basis. They are a great opportunity for BSV enthusiasts – and even those just curious about the digital currency – to get together in a relaxed atmosphere and discuss what’s going on in the Bitcoin ecosystem. One of the most entrenched meetups is the London Bitcoin meetup, which is preparing for its next reunion this Thursday. This time, though, there are several key BSV figures that are going to attend.

According to a tweet by the Bitcoin Association, “Join the growing #BSV community this Thursday 5th Sep at the #LondonBitcoinMeetup with @bitcoinassn founding president @JimmyWinMedia and @nchainglobal CTO @shadders333. Free entry from 6pm at the @huckletree Shoreditch.”

The Bitcoin Association’s founding president is Jimmy Nguyen, who has been involved in BSV’s growth since the beginning. The organization was developed to provide a single point of reference for businesses, exchanges, developers, miners and more in the Bitcoin ecosystem in order to increase awareness and adoption of Bitcoin as the currency for Bitcoin commerce, or bCommerce. 

nChain’s chief technical officer (CTO) and technical director Steve Shadders is one of the most prolific developers in the blockchain community and has been working tirelessly to help ensure Bitcoin stays true to its goal of being the leading blockchain for business solutions. He recently commented on BSV’s Quasar upgrade and the advantages BSV has over other blockchains, explaining, “What we’re actually doing with the Quasar upgrade is demonstrating right now, that we can handle the future scale of whatever your business is. So you’ve got the confidence, not hoping that we’ll be able to pull it off some time in the future, we’re showing that it can be done right now.”

Quasar significantly raised the block-size cap for the BSV blockchain to two gigabytes. This was something that other blockchain projects, including Bitcoin Core (BTC) said was impossible and could never be sustained. BSV has not only achieved it, but it has sustained it for well over a month as several massive stress tests have been conducted against the network.

The London Bitcoin meetup will take place this Thursday from 6 PM to 10 PM local time. Huckletree Shoreditch is located in the Alphabeta building, an easy-to-reach location near Finsbury Square Garden and the Montcalm Royal London House. The event is a great lead-in to the upcoming CoinGeek Conference that is going to be held in Seoul, South Korea October 1-2. 

Metatalk review: IRC-like messaging on BSV network?

If anyone has ever experienced the need to defend himself or herself and say, “But I never said that!,” there’s a solution that will provide a great amount of relief. If you want to verify what someone else said or just keep a permanent, easy-to-find, indelible record of a conversation, there’s a solution. In keeping with the mantra that Bitcoin SV (BSV) is designed to offer real-world practical solutions on the blockchain, developers got together a few months ago and created MetaTalk, a messaging app that resides on BSV and which allows for permanent archiving of conversations.

MetaTalk is an “IRC-like messaging app on the blockchain.” It was one of the first apps to be developed following the completion of the inaugural BSV Developer Weekend Workshop in Berlin in May, and is just the beginning of what future comms channels could look like.

Accessing the site, there is only the need to enter a handle and choose a channel, just like what is seen with IRC channels. Unlike IRC channels, though, it helps to keep conversations cleaner without so much junk. Chatting on MetaTalk requires an infinitely small payment for each message sent, which is facilitating by the Money Button right on the platform. Enter the message text, slide the Money Button (tied to your Money Button account, of course) to the right and away it goes. By employing this method, MetaTalk can help reduce the amount of extraneous chatter that may otherwise appear.

MetaTalk was created, in part, by Dutch software developer Paul De Buck. He has a wide range of experience and a solid background, as well as a passion for BSV. When he attended that developer’s workshop, he walked away knowing that BSV was in a position to support the development of flexible apps with real-world implications and immediately jumped in.

Just like so much of the development currently seen in the Bitcoin ecosystem, virtually all of it is taking place on BSV. There isn’t a single project that has as many valid, workable solutions as does the BSV blockchain, and this has been made possible due to two main points. The first is that BSV is the true Bitcoin, able to conform and adhere to Satoshi’s original vision. The second is BSV’s ability to handle extremely large blocks, much larger than other blockchains said was possible. What has been seen so far is just the beginning, and more development is occurring on a daily basis.

Bitstagram review: A unique method for storing, sharing photos on blockchain

Imagine being able to store hundreds of thousands of pictures on a medium that is permanent, uneditable and which will be around until the end of time. Saving pictures to a cloud storage hub isn’t a bad option, but plenty of these have already gone under without warning, leaving their users unable to retrieve their memories. This type of permanent storage is going to become the norm, and Bitstagram is getting the ball rolling. It’s only possible because of the powerful capabilities of the Bitcoin SV (BSV) blockchain.

Bitstagram was first introduced by the highly prolific developer known only as “unwriter.” He set the stage for picture storage in February when he announced the “world’s first Bitcoin Native photo app that lets you take a photo on your mobile phone and upload to the blockchain.” Not only is it possible to upload pictures to the BSV blockchain, but they can also be manipulated, thanks to sepia, pixel and blur filters.

Now, users can take a picture from the smartphone or tablet (even a desktop computer) and upload it directly to BSV. You need to have a MoneyButton account, but saving the pictures doesn’t cost anything. The tie-in provides verification data so that your picture will always be identified as yours, even if someone were to try lift it and claim ownership.

There’s even an option to include comments on photos that have been uploaded. Eventually, all of the facets of Bitstagram provide the ability to monetize different components of the upload, if desired, and the platform is a great example of how much can be done with the BSV blockchain.

It’s only the BSV blockchain that can accomplish this, too. While all blockchains have limitations on their block sizes that are capped extremely low, BSV is the only blockchain that has, thanks to Quasar, pushed the block size cap to 2 gigabytes (GB). In next February’s network upgrade, the cap will be removed, allowing blocks of virtually any size. Despite opponents’ assertions that large blocks were not possible and would break the blockchain, BSV has proven them all wrong, restoring the original Bitcoin design.

Bitstagram is a perfect example of the amount of real-world development that is occurring on the BSV blockchain. It shows how flexible and useful the network is and joins the ranks of other professional developments that are being constantly added to the blockchain. Given how much has already been accomplished in such a short time, it’s fascinating to think about what will be possible in just a few years.

New directory make it easier to find BSV-related products, services

The key to cryptocurrency adoption is making it easy to find locations that accept digital money. A new site has been launched to help spread awareness of where the original Bitcoin, Bitcoin SV (BSV), can be found and is promising to be a leader in the spread of BSV. BSV Galaxy makes it easy to find wallets, exchanges or vendors, and gives the BSV community a place to produce content on the BSV blockchain.

BSV Galaxy bills itself as the “Bitcoin SV Artists Collective.” Shem Booth-Spain – better known on social media as “Captin Bitcoin” – launched the concept as “a place people could meet and work together, business development for peoples projects from the arts is how we can fill up the block size with valuable useful data [from] artists, musicians and writers.“

Booth-Spain received some help developing the site by way of “super intelligent web developer Troy (secret BSV superhero) with massive support and advice from metanet.icu founder Joel Dalais and business support by Sheridan Sparrow.”

The site is membership based, which gives it an additional layer of legitimacy, and is still developing a following. Booth-Spain explains, “We are always doing special offers and promos. People don’t need a personal trainer to get fit, they just have to eat salad and walk. Personal trainers are still very popular because it helps them fast track their goals, reach their target! – first 5 people to message on Twitter and say ‘Open sesame’ get free membership!”

Captin Bitcoin recognizes what many are beginning to understand. BSV’s large block size gives it substantially more capabilities than any other blockchain. He states, “I set up a new operation, #operationdatablast, on Sunday 28th. I did a 14hr marathon streaming mission to bring people together in the space to upload to BitcoinSV music videos, images (I’m a musician/artists/media/advertising pro by trade) up onto the BitcoinSV. I uploaded a record 248mb music video and so did others, making record blocks! We proceeded to increase on coin.dance the BSV block size up to 96%!!!”

BSV’s recent Quasar upgrade proved that large blocks were possible. Blocks of 2 gigabytes are now the norm on the only blockchain to follow the original Bitcoin design, defying assertions by other blockchain providers that said that large blocks could never be achieved. With larger blocks comes the ability to handle more data and more transactions in less time, and Quasar is just the beginning. The Genesis upgrade scheduled for next February is expected to completely remove all block size caps.

Booth-Spain adds that the blockchain can be of particular interest to the arts community, indicating, “Arts & Technology unites and unleashes the power of Bitcoin via overcoming the challenges that logical thought cannot overcome, Believe in your projects, GET MOTIVATED, Innovate & Build. That’s how I think of these things.”

Dr. Craig Wright gives stellar performance at FT Alphaville Vaudeville in London

The Financial Times (FT) recently put together a unique show that was described as “an experimental theatrical journalism one-night experience in London brought by the Financial Times Alphaville team.” It was put together with the help of BBC documentary filmmaker Adam Curtis and saw participation by several high-profile individuals. Making the marquee and headlining the show was nChain Chief Scientist Dr. Craig Wright, also known as the man behind the Satoshi Nakamoto moniker. His presentation on Bitcoin was short, direct and to the point, as well as a little ominous.   

Wright has become more than a little disappointed with what has happened with Bitcoin. He points out that cryptocurrency was intended to be transparent and wasn’t meant to fight government. He states, “It Creates. It builds. But I don’t want the other version.” The other version is a reference to what SegWitCoin (BTC) had become when it was first introduced — a dark web, digital black market that allowed for illicit drug deals, kiddie porn and general illegal activity. 

He adds, “I don’t want to have something that people want anonymous; that people want to bypass everything: to live outside society.”  (1:46)

Wright also asserts that it isn’t fair that people are allowed to scam individuals like false prophets, promising ridiculous returns that will be offered in no time, but only providing results that leave investors and crypto enthusiasts empty-handed. 

Because the Bitcoin concept has been bastardized by certain projects like BTC, Wright has said that he will be donating $8 billion worth of cryptocurrency in 2020. All of the money will go to education projects — none will be put on the crypto markets, which could lead to crashes. The funds will be used where they’re most needed, making people smarter. 

As Wright wrapped up his presentation, he made a reference that, when viewed with the intent to donate $8 billion to charity, could be interpreted as a desire to completely remove himself from the crypto ecosystem, although he didn’t state that he was going to step away, nor was there any stronger indication that this is a possibility. In the end, Wright left a trailing “And if that means I give up” statement for the audience to interpret, adding, “The only example I can set is to do it.”

How Kronoverse revolutionizes multibillion-dollar gaming industry with Bitcoin SV

By now, everyone even remotely connected to the blockchain industry should realize the power that the technology offers for providing better transparency, better record-keeping and better peer-to-peer (which includes B2B and B2C) interactions. The capabilities of blockchains are only limited to one’s own imagination and, with the recent success of Bitcoin SV’s (BSV) Quasar upgrade to expand block sizes, BSV is leading the way toward more blockchain adoption. Kronoverse, a gaming and esports platform, recognized the potential of BSV to help the multibillion-dollar gaming industry and is building its entire company around BSV technology.

In a recent presentation on Kronoverse and why blockchains are important for gaming’s future, Kronoverse’s Adam Kling and David Case provided a detailed overview of how BSV will change competitive gaming. With so much at stake — millions of dollars in prize money each year — it’s important to ensure that nothing about a game competition is left to chance. The community is forced to assume that everything is operating legitimately, but the back end of gaming operations remain hidden away and private. BSV is now helping to change this. (1:15)

Game data can be mapped to the blockchain in order to give new benefits to players and developers. Not one company would own the data — it would be accessible to everyone. Today, the back-of-the-house operations are unverifiable and proprietary, forcing the gaming community to trust that everything is legitimate. By moving games to the blockchain, actions can be chained together to provide proof of all activity and also to provide better transparency.

Using BSV would allow the permanent storage of all achievements, all game histories, all wins and losses and all purchased or won items. It would also facilitate the ability to view past games, publish new content and to watch live games easily from anywhere. It can also create new revenue streams that were never possible before.

Kronoverse is making this possible and is revolutionizing the gaming industry. Through systems such as its Kronicler fair witness agent, player actions are viewed and additional input can be added. This allows escrow, time-stamping, flow control, random number generation and more to be added.

This is possible on BSV because of the blockchain’s versatility. Every game is comprised of a series of transactions, or data, and creates one straight chain of events that represent the specific game. Every move becomes a signed Bitcoin transaction, allowing a permanent record of every individual action in the game. (10:14)

CryptoFights, which is backed by Calvin Ayre and others, is a live version of a BSV-based game that has the look and feel of any other battle game. It operates just like any other game, but incorporates the strength of the BSV blockchain to offer a better solution that puts the true gaming power in the hands of the players where it belongs.

BSV is revolutionizing the way the world views blockchains and Kronoverse is revolutionizing the way the world views gaming, thanks to BSV. With the proven capability to offer large block sizes of over 2 gigabytes, BSV is quickly becoming the ideal blockchain solution for businesses around the globe.