Bitcoin AMA Recap: London Blockchain Conference, BSV’s Next Era

The Latest Tech Development in BTC Two viewer questions ask about tech updates in BTC. The first is about OP_CAT going live, and the second is about BTC v30. Answering the first one, Wuckert says it enables some smart contract functionality in BTC, but its fundamental limitations won’t allow for much. Costs and limits on scripting and block sizes are baked in at this point, so this isn’t a threat to BSV. As for Core v30, it’s cool, but again, it doesn’t change the limits of this blockchain. It enables the basic functionality, but there are still hardcore small blockers who don’t understand anything like this. It’s a baby step in the right direction, but it’s nothing compared to where BSV is after seven years of development.

CoinGeek and the Wider BSV Ecosystem A viewer asks how Wuckert’s various media appearances were arranged. He says CoinGeek arranged some of the Fox News appearances, but many of the others, such as the Patrick Bet-David and Hotep Jesus podcast appearances, were coordinated by the BSV community. Another viewer asks about the rise of the London Blockchain Conference and whether Wuckert has any teasers about announcements. He doesn’t, explaining that it’s a completely separate organization. CoinGeek is participating as a media partner, but doesn’t have much insight into what will be announced. In fact, CoinGeek doesn’t even have access to speakers until the conference itself. Wuckert is excited to attend and looks forward to seeing old friends and meeting new people interested in the industry.

The Teranode Era and What It Means for BSV Does Wuckert expect a lot of on-chain activity from companies waiting in the wings for Teranode to go live?

He doesn’t know the details yet, but he does know many app developers, stablecoin companies, and others who have been briefed over the years. When Teranode goes live, they will have every opportunity to move through BSV. He says these things tend to happen slowly, then suddenly, and he expects that to happen. As for which applications are right for the moment we’re in, Wuckert points to stablecoins. Some of the tokenization stuff is still pretty far out, but the regulations and development are just right for stablecoins. Companies understand the benefits of using them, but haven’t yet figured out the costs and limitations of using them on Ethereum, and when they do, BSV will be ready. As for what might come next, it’s anyone’s guess. The tooling and SDKs on BSV are much better than before, and Bitcoin Script, while complex, enables anyone to create virtually anything. When Teranode takes over completely, there will be no limits to what can be built on public, scalable blockchains.

GorillaPool and Wuckert’s Grand Vision A viewer asks how GorillaPool is getting agitated, given how mining is unacceptable. Wuckert explains that while they are certain mining is unlikely, relationships with energy providers and other means of profit, including software development, mean the company is sustainable. He praises GorillaPool’s developers as some of the most competent and visionary he has ever encountered. As for the grand vision for the company, Wuckert sees it as an ISP like Verizon or Xfinity. It’s an infrastructure layer that enables connectivity on the Internet of Value (Metanet). People will be able to exchange value peer-to-peer because GorillaPool mines blocks on BSV.