- Genesis coming back to its original protocol is not necessarily because of the scaling upgrade alone.
- The current Genesis upgrade on Bitcoin SV is said to increase the scalability factor with the added advantage of Teranode project.
- CoinGeek media has released the full report and working on this new upgrade.
Calvin Ayre, founder of Ayre Group and CoinGeek platform for Crypto related news shared on his twitter handle that Genesis is coming back to its original protocol. It will continue its working on the same line which will open a door for massive scaling, Genesis coming back to its original protocol is not necessarily because of the scaling upgrade alone.
Just to be clear though, Genesis is about returning to original protocol and locking it so as to allow massive scaling, its not a scaling upgrade itself. Now the scaling starts again and will really kick in with Teranode.
— Calvin Ayre (@CalvinAyre) January 27, 2020
This is a new horizon for Bitcoin SV to reach much liquidity and scalability. Calvin Ayre posted this on the 27th of January on his twitter handle. Previously he also had shared about the launch of Genesis and the launch of Bitcoin 1.0.0 on his twitter account on the 17th of January 2020.
Two years prior, Calvin Ayre’s CoinGeek had partnered with nChain’s project Teranode to create 1 Terabyte blocks and 7 Million transactions in each second for Bitcoin SV (BCH-SV). Both CoinGeek and nChain had partnered and funded together for this project for massive scaling of Bitcoin SV.
The current Genesis upgrade on Bitcoin SV is said to increase the scalability factor with the added advantage of Teranode project. CoinGeek and nChain believe terabyte-sized blocks are the requirement for the Bitcoin BCH-SV Blockchain network to become the global public ledger of the future.
Teranode implementation called to be the generational and evolutional pathway for Bitcoin SV. The Genesis version of Bitcoin SV is said to be the stable version of the previous hard fork.
CoinGeek media has released the full report and working on this new upgrade. Viewers were excited and confused as well with the Genesis version of Bitcoin SV.
Many reports on this launch are to be shared by Calvin Ayre, he is a strong believer of Bitcoin and Bitcoin SV, and he is a Canadian-Antiguan based entrepreneur who owns multiple firms including the online gambling industry named Bodog Entertainment.