Category: Uncategorized

  • Bitcoin SV – Blocking potential P2SH replay attack after Genesis hard fork

    Bitcoin SV – Blocking potential P2SH replay attack after Genesis hard fork

    The Bitcoin SV Node team notes the recent public disclosure on Reddit by Gregory Maxwell (a.k.a. /u/nullc) from the Bitcoin Core (BTC) of a potential replay attack vector on Bitcoin SV after the “Genesis” hard fork in February 2020 which will be deprecating the P2SH (pay-to-script-hash) feature that is not part of the Bitcoin design […]

  • Bitcoin SV Genesis hard fork implementation plan – in advance of February 4, 2020

    Bitcoin SV Genesis hard fork implementation plan – in advance of February 4, 2020

    On February 4, 2020, the Bitcoin SV network will undergo its “Genesis” hard forking upgrade.  This hard fork represents a significant milestone in Bitcoin SV’s journey to restore the original Bitcoin protocol.  To allow the Bitcoin SV ecosystem adequate time to prepare for the hard fork, the Bitcoin SV Node team would like to communicate […]

  • On the future of Bitcoin transaction fees

    On the future of Bitcoin transaction fees

    New transaction fee toolsets coming to Bitcoin SV TLDR; Cheaper transaction fees, fiat stable pricing and a highly flexible framework for dynamic fee rate discovery are all on the horizon for Bitcoin SV. Since a recent price rise of BSV in fiat terms and the announcement of WeatherSV’s transaction fee deal directly with a mining […]

  • The Bitcoin SV Blockchain & False Reports of a “Three-way Fork”

    The Bitcoin SV Blockchain & False Reports of a “Three-way Fork”

    In recent days there have been a couple of articles which incorrectly suggest that the Bitcoin SV Blockchain has suffered from a “three-way fork” over the last few weeks. These articles seem to stem from the same source, a tweet from BitMEX Research. Here are the facts.  The Bitcoin SV Blockchain had a planned hard-fork […]

  • The return of OP_RETURN – roadmap to Genesis part 4

    The return of OP_RETURN – roadmap to Genesis part 4

    OP_RETURN is well known as the simplest mechanism for creating an unspendable output and carrying data within a bitcoin transaction.  It’s had a checkered history with being the root cause of one of the worst bugs in Bitcoin’s history and arguably also being a political football that led to the beginning of the great altcoin […]

  • UTXO height based activation – Roadmap to Genesis part 3

    UTXO height based activation – Roadmap to Genesis part 3

    Unfuckening is a very tricky business.  There is a lot that got fucked in ten long years and some things are so badly broken that they simply can’t be unbroken cleanly.  The Bitcoin SV team has done an enormous amount of research, studying the existing and the original code extensively and it’s been a really […]

  • Quasar upgrade 24th July recommendations – roadmap to Genesis part 2

    Quasar upgrade 24th July recommendations – roadmap to Genesis part 2

    On the 24th of July 2019 the Bitcoin SV will undergo a forking protocol upgrade.  This upgrade has very limited scope with just changing the block size hard cap but it warrants some further explanation.  It was first detailed in part one of this post series. The first upgrade, code named “Quasar”, is proposed for […]

  • First gigabyte+ blocks mined in STN stress test

    First gigabyte+ blocks mined in STN stress test

    Background On May 21st 2019 the Bitcoin SV Scaling Test Network (STN) saw its maximum mined block size record broken eight times in rapid succession. In the latest release of Bitcoin SV Node (0.2.0) one of the standout changes was lifting the hard cap block size limit from 128MB to 10GB. The reason for setting […]

  • Bitcoin SV [BSV] Scaling Test Network is open for business

    Bitcoin SV [BSV] Scaling Test Network is open for business

    The Bitcoin SV Scaling Test Network (STN) is an initiative of the Bitcoin SV Node project, owned by Bitcoin Association and operated by nChain (with funding by CoinGeek) to scale and test Bitcoin beyond gigabyte and eventually to terabyte blocks. In February 2019, the Bitcoin SV team publicly released client software with full support for […]

  • BSV Scaling Test Network Sustains 128MB Blocks for 36 Hours

    BSV Scaling Test Network Sustains 128MB Blocks for 36 Hours

    A new milestone was achieved recently on the Bitcoin SV Scaling Test Network with continuous 128MB blocks over a period of 36 hours. The test ran from about midday on the 7th of March through to midnight on the 8th. 246 blocks were produced during this period and each one was 128MB large. The blocks […]