BitcoinSV Scaling: How BSV ‘Miners as Voters’ Plans to Scale Bitcoin Cash


How To Use Bitcoin SV To Scale Bitcoin Cash

Coingeek, one of the fiercest defenders of the Bitcoin SV protocol, has recently talked about how you can use the new Bitcoin SV protocol to scale Bitcoin Cash (BCH) and optimize your results while mining.

According to the company, Bitcoin Satoshi Vision (SV) is a full node implementation that was created to fulfill the original vision that Satoshi Nakamoto, the creator of Bitcoin core, had for the network, as its creators believe that Bitcoin Cash is starting to deviate from that vision just like Bitcoin core did.

The protocol is being tested right now and will be released early in September. Steve Shadders, which is the lead developer of nChain, which has been developing Bitcoin SV, explained in a Yours.org post that the team is focused on two main pillars for the program, which are scaling and o-conf security.

He affirmed once more that nChain and the Bitcoin SV development team are not forcing anybody to accept a particular setting, people will only use 128MB blocks if they actually want to. According to him, all that they are doing is to encourage the miners to make informed choices and to define themselves how to mine.

Bitcoin SV Is Not A Hard Fork

Contrary to what people seem to believe, Bitcoin SV is not a hard fork like Bitcoin Cash originally was. It will use the current “battle-tested” BCH protocol. Coingeek affirms that the fork is what Bitcoin ABC and Bitmain are planning and the company, along with the nChain, is against this change in the protocol.

In the Bitcoin ABC implementation of the project, miners can also increase the block size, but they will change the source code and the debug settings are poorly documented and difficult for the miners to find. Coingeek officially supports Bitcoin SV and stands against Bitcoin ABC and their hard fork.

According to Shadders, Bitcoin SV will let the users define values like the block size via a remote produce call interface, which will be configurable.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide