Bitcoin scalability problem

LQwD Continues Node Transaction Growth, and Launches Strategic India Node

Retrieved on: 
Tuesday, April 19, 2022

"We are experiencing excellent transaction growth since launching our first nodes in November 2021," remarked LQwD CEO, Shone Anstey.

Key Points: 
  • "We are experiencing excellent transaction growth since launching our first nodes in November 2021," remarked LQwD CEO, Shone Anstey.
  • "The launch of our Indian routing node is yet another step in securing a strong presence on Bitcoin's Lightning Network."
  • LQwD's first node launched in November 2021, with ten now situated around the world, accounting for more than 10,000 transactions forwarded.
  • "The more transactions routed through the Company's node network the better," Shone Anstey further commented, "As each transaction represents a routing fee paid to LQwD.

Voltage releases Surge and their Next Generation platform to bring enterprise tooling to Bitcoin

Retrieved on: 
Thursday, April 7, 2022

WICHITA, Kan., April 7, 2022 /PRNewswire/ -- Voltage, the industry leader of Bitcoin's Lightning Network infrastructure, today announced two major product launches. Voltage currently powers the top Lightning companies, including Zion, Impervious, Amboss, Mash, and THNDR Games. Voltage makes it easy for any business to integrate the Lightning Network into their operations with their simple dashboard and API.

Key Points: 
  • At the Bitcoin 2022 conference in Miami, Voltage released Surge, a Lightning node observability tool, and their next-generation platform which comes with radical improvements.
  • Both Surge and our next-gen platform are necessary tools to enable Bitcoin adoption all over the world.
  • Voltage is the infrastructure platform for Bitcoin's Lightning Network, making implementing the Lightning Network into any product or service simple.
  • Launched in 2020, Voltage is a Lightning Network infrastructure provider and the leader of enterprise Lightning Network services.

AdvicePay Announces Major Enhancements to Automate the Entire Fee-for-Service Financial Planning Process for Enterprises

Retrieved on: 
Friday, September 17, 2021

BOZEMAN, Mont., Sept. 17, 2021 /PRNewswire-PRWeb/ --AdvicePay, the leading fee-payment-processing platform designed exclusively for financial advisors, announced today the launch of significant workflow automation enhancements which will empower enterprises to compliantly manage the entire fee-for-service financial planning engagement process in one unified platform, from start to finish.

Key Points: 
  • BOZEMAN, Mont., Sept. 17, 2021 /PRNewswire-PRWeb/ --AdvicePay, the leading fee-payment-processing platform designed exclusively for financial advisors, announced today the launch of significant workflow automation enhancements which will empower enterprises to compliantly manage the entire fee-for-service financial planning engagement process in one unified platform, from start to finish.
  • Furthermore, as adoption of the fee-for-service financial planning models has been growing rapidly among their financial advisors, enterprises are finding new operational bottlenecks and manual workflows that are limiting their ability to scale fee-for-service planning.
  • Now, with the latest AdvicePay workflow platform enhancements, enterprise firms will be able to automate the entire lifecycle of fee-for-service financial planning engagements, including originating planning agreements, capturing digital signatures, matching agreements with invoices, reviewing financial plan deliverables, and processing client payments electronically, while ensuring that financial plans are actually delivered to clients for the fees that were paid all in one comprehensive system from AdvicePay.
  • Established by well-known financial advisors Michael Kitces and Alan Moore, AdvicePay is the only billing and payment processing platform created specifically for fee-for-service financial planning.

MakerSights Raises $25 Million Series B to Help Rebuild Profitability and Sustainability of Retail Industry

Retrieved on: 
Wednesday, August 4, 2021

Retail needs to embrace new ways of working, and we believe MakerSights brings a transformative, yet scalable solution to brands across the retail ecosystem.

Key Points: 
  • Retail needs to embrace new ways of working, and we believe MakerSights brings a transformative, yet scalable solution to brands across the retail ecosystem.
  • For more information on MakerSights and its path to rebuild profitability and sustainability in the retail industry, please visit makersights.com .
  • MakerSights is a retail technology company that empowers retail brands to deliver consumer-driven assortments to market - resulting in more profitable operations and a more sustainable footprint.
  • Backed by retail and sustainability leaders including Forerunner Ventures and G2VP, MakerSights is trusted to reduce waste and improve margins at retail brands across the industry including HOKA ONE ONE, Bonobos, Adidas, Madewell & Ralph Lauren.

BSV blockchain sets new world record for daily average block size

Retrieved on: 
Monday, August 2, 2021

ZUG, Switzerland, August 2, 2021 /PRNewswire/ -- Bitcoin Association , the Switzerland-based global industry organisation that works to advance business with the BSV blockchain and digital currency, today confirms that the Bitcoin SV (BSV) blockchain has set a new world record for the highest daily average block size on a Bitcoin network.

Key Points: 
  • ZUG, Switzerland, August 2, 2021 /PRNewswire/ -- Bitcoin Association , the Switzerland-based global industry organisation that works to advance business with the BSV blockchain and digital currency, today confirms that the Bitcoin SV (BSV) blockchain has set a new world record for the highest daily average block size on a Bitcoin network.
  • On July 31, 2021, the average block size on the BSV network during that 24-hour period was 45.87 MB (megabytes); in comparison, the BTC network had an average block size of 753.58 kB (kilobytes) during that same 24-hour period more than 60 times smaller than that seen on BSV (reported data from coin.dance ).
  • The record-breaking day is the third in the last two months for the BSV network, which also saw new record daily averages on June 8 with 17.39 MB and then again on June 25 with 35.08 MB.
  • The growing average block size on the BSV blockchain is a direct effect of the number and types of transactions being carried out on the BSV network, which supports both financial and data transactions.

BSV blockchain sets new world record for daily average block size

Retrieved on: 
Monday, August 2, 2021

ZUG, Switzerland, August 2, 2021 /PRNewswire/ -- Bitcoin Association , the Switzerland-based global industry organisation that works to advance business with the BSV blockchain and digital currency, today confirms that the Bitcoin SV (BSV) blockchain has set a new world record for the highest daily average block size on a Bitcoin network.

Key Points: 
  • ZUG, Switzerland, August 2, 2021 /PRNewswire/ -- Bitcoin Association , the Switzerland-based global industry organisation that works to advance business with the BSV blockchain and digital currency, today confirms that the Bitcoin SV (BSV) blockchain has set a new world record for the highest daily average block size on a Bitcoin network.
  • On July 31, 2021, the average block size on the BSV network during that 24-hour period was 45.87 MB (megabytes); in comparison, the BTC network had an average block size of 753.58 kB (kilobytes) during that same 24-hour period more than 60 times smaller than that seen on BSV (reported data from coin.dance ).
  • The record-breaking day is the third in the last two months for the BSV network, which also saw new record daily averages on June 8 with 17.39 MB and then again on June 25 with 35.08 MB.
  • The growing average block size on the BSV blockchain is a direct effect of the number and types of transactions being carried out on the BSV network, which supports both financial and data transactions.

Blockstream Simplifies Lightning with On-Demand Node Service--Greenlight

Retrieved on: 
Wednesday, July 21, 2021

Users interact with the node through a simple programmable interface with Blockstream managing all the infrastructure behind the scenes.

Key Points: 
  • Users interact with the node through a simple programmable interface with Blockstream managing all the infrastructure behind the scenes.
  • "Getting started with Lightning can be a challenge for some, especially the more technical aspects like operating channels or creating backups and watchtowers," explained Christian Decker, Core Tech Engineer at Blockstream.
  • At Blockstream, we think there's a better way with Greenlight, which lets users operate a node while also having control over their private keys and bitcoin, leaving the intricacies of node operation up to the professionals."
  • Blockstream and other industry leaders have collaborated to develop the Lightning Network, an open protocol payment network that enables instant and very low fee Bitcoin transactions.

4th Bitcoin SV Hackathon begins today with peer-to-peer applications the focus and USD $100,000 up for grabs

Retrieved on: 
Monday, June 14, 2021

The theme for this iteration of the competition is 'peer-to-peer applications', with a USD $100,000 (payable in BSV) prize pool staked for the winners.

Key Points: 
  • The theme for this iteration of the competition is 'peer-to-peer applications', with a USD $100,000 (payable in BSV) prize pool staked for the winners.
  • The theme for this iteration of the competition is 'peer-to-peer' applications not just payments, but any type of application that involves direct interaction between participants on the Bitcoin network.
  • Bitcoin Association is theSwitzerland-basedglobal industry organization that works to advance business on the Bitcoin SV blockchain.
  • The Association supports use of the original Bitcoin protocol to operate the world's single blockchain on Bitcoin SV.

4th Bitcoin SV Hackathon begins today with peer-to-peer applications the focus and USD $100,000 up for grabs

Retrieved on: 
Monday, June 14, 2021

The theme for this iteration of the competition is 'peer-to-peer applications', with a USD $100,000 (payable in BSV) prize pool staked for the winners.

Key Points: 
  • The theme for this iteration of the competition is 'peer-to-peer applications', with a USD $100,000 (payable in BSV) prize pool staked for the winners.
  • The theme for this iteration of the competition is 'peer-to-peer' applications not just payments, but any type of application that involves direct interaction between participants on the Bitcoin network.
  • Bitcoin Association is theSwitzerland-basedglobal industry organization that works to advance business on the Bitcoin SV blockchain.
  • The Association supports use of the original Bitcoin protocol to operate the world's single blockchain on Bitcoin SV.

BSV proves that Bitcoin scaling works; surpasses BTC blockchain in accumulated data size

Retrieved on: 
Friday, June 4, 2021

ZUG, Switzerland, June 4, 2021 /PRNewswire/ -- Bitcoin Association , the Switzerland-based global industry organisation that works to advance business with the BSV blockchain and digital currency, has confirmed that the Bitcoin SV (BSV) blockchain surpassed BTC in accumulated data size, demonstrating the ability of the Bitcoin network to scale without limits.

Key Points: 
  • ZUG, Switzerland, June 4, 2021 /PRNewswire/ -- Bitcoin Association , the Switzerland-based global industry organisation that works to advance business with the BSV blockchain and digital currency, has confirmed that the Bitcoin SV (BSV) blockchain surpassed BTC in accumulated data size, demonstrating the ability of the Bitcoin network to scale without limits.
  • On May 16, 2021, the accumulated growth (in data size) of the BSV blockchain surpassed the BTC blockchain for the first time, with the total data stored on-chain reaching 352.9 GB on the BSV network compared to 352.4 GB on the BTC network on that date.
  • The continued data growth of the BSV blockchain can be attributed to its decision to follow Bitcoin creator's Satoshi Nakamoto's vision to scale unbounded; with no limit on the default block cap size (and thus the transaction volume and data capacity) on the BSV blockchain.
  • The Association supports use of the original Bitcoin protocol to operate the world's single blockchain on Bitcoin SV.