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The BSV blockchain continues to shatter records as it has reached yet another remarkable milestone of 20 million transactions in a single day this past week.
Jon Sourthurst of CoinGeek advises this is just the beginning.
Blockchain projects are preparing to bring even more data on chain over the coming year, especially once the enterprise-grade Teranode protocol upgrade gradually becomes available over the coming year or so. BSV is fulfilling its mission to create an entire new digital economy, one based on the value of data itself.
The BSV model is one where ordinary users pay each other in millions of microtransactions.
Users retain ownership of the data they produce; they can decide who may access it and for what price. The processors (miners) who keep the network secure earn a living from millions of tiny transaction fees (much less than US$0.01 each) rather than competing for diminishing “block rewards.”
- Aaron Goldstein, Gambling911.com
