BSV Hits 1 Billion Total Transactions
The blockchain's potential is unrealized argues Bitcoin and blockchain industry guru Jon Southurst.
On Friday March 25, Bitcoin SV reached a milestone of 1 billion total transactions.
Southurst writes:
"The figure draws a stark contrast between BSV and those seen as its rivals, like BTC and Ethereum. While the latter two networks have struggled with transaction limits, protocol model changes, congestion and high fees, BSV’s data indicates it can continue growing in this manner indefinitely without issue."
The growth trajectory over the last six months, pushed along in no small part by gaming transactions from sites such as CryptoFights, speaks volumes.
This trend really began in 2019, Southurst suggests.
BSV has also achieved this by retaining the more trustworthy proof of work (PoW) processing model, which keeps its miners honest through the investments they make in physical infrastructure. It also becomes more energy efficient as use cases of blockchain technology at scale expand which will significantly increase the number of daily transactions beyond what we are witnessing today on BSV.
Meta New Legal Woes, SEC v Ripple Motion Denied
Additionally in this week’s CG Pulse we look at how Meta is facing possible criminal charges over alleged digital currency scam advertisements in Australia.
And in the United States, a New York Judge has denied the Securities and Exchange Commission motion seeking to dismiss Ripple’s fair notice defense.
- Aaron Goldstein, Gambling911.com
