2018-12-5 19:39 |
Craig Wright Apparently Has A Vision For 2019
The central figure of the Bitcoin SV community, Dr. Craig Wright has a vision set for 2019.
In 2019 we will start to teach people how to build real SPV systems. No fraud proofs, secure, instant.
It was hinted at in the whitepaper, but nobody has managed to get it. So, I will do it for you. I had hoped others would have understood and run with this, but…
— Dr Craig S Wright (@ProfFaustus) December 2, 2018
What Dr. Wright is referring to is the original Whitepaper of Bitcoin which is to be built in a Simplified Payment Verification [SPV] system. This was evident from his next Tweet.
There is no more time.
Clearly, it seems that the simplest things are hardest.
SPV is P2P and has no server
— Dr Craig S Wright (@ProfFaustus) December 2, 2018
Prior to this, he had shared a different vision for BSV. He has a 2-year target to reach 2-4 Million TPS peak as well as develop a Terranode network is just 2 years. It is well known in the Bitcoin community that Bitcoin SV needs to increase its transaction speed. Even though 2 years might seem like an eternity in the crypto space, it is not too long to realize such huge ambitions.
His team is to make these aims transpire. They have designed had partnerships with different big institutions in order to boost the network’s transaction volume. Besides, different blockchain developers will be attracted to the Bitcoin SV network, if the transactions fees are low coupled with having enough block space. Faster transactions speed has been one of the chief demands for cryptos and one of the biggest drawbacks of BTC.
Although there is no roadmap to reach these goals. Many have questioned these ambitious aims to be nothing more than a marketing gimmick. However, if accomplished, these features Dr. Wright is talking about will not only boost the adoption of cryptocurrencies, it will revolutionize technology as we know it now.
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