Bitcoin & Blockchain

Losing fidelity in human information Humanity faces a growing danger of losing fidelity in human information. What is even more alarming is that the loss increases with the scale of human information, rendering the entire digital humanity nonscalable. A significant reason why human information loses fidelity with scale is precisely because of, not in spite of, the fact that digital data is loosely scalable. We have already experienced the human-generated junk data (for example, it… Read More »Scaling witnessing

With automated integrity, does it mean that a blockchain-based system will be able to automate attestation of a signature by a human or machine?  The answer is: not entirely, but essentially. The question touches upon one of the most important debates over the nature and usefulness of layer-2 solutions. We can never, nor should we ever, completely automate human actions. That would be giving up the existential meaning of humanity. For humanity to still have… Read More »The level of attestation required for a global blockchain solution

Bitcoin Satoshi Vision (BSV), with the upcoming Teranode, is the only blockchain system that offers the kind of scalability and transactional efficiency required by any global adoption of blockchain technology. One of the key benefits of such a system is not just the high-level verifiability itself but the automation of verification or, more broadly, automatically guaranteed integrity of data and processes. I’d collectively call it “automated integrity”. I often hear people say, “All that sounds… Read More »Automated integrity of enterprise systems

It’s time for the public sector to adopt a scalable blockchain as its IT backbone. In traditional systems, compliance and automation are at odds—manual checks slow down efficiency, while automation risks bypassing oversight. A scalable blockchain resolves this tension, uniting the two seamlessly. Imagine processes being automated with verifiable, tamper-proof data and transactions, all free from self-interested intermediaries yet transparent to authorized inspection and always ready for extremely efficient auditing, potentially hundreds of times cheaper… Read More »The public sector and blockchain

What is an Overlay Network? An overlay network is a virtual or logical network built on top of an existing (base) network, typically leveraging the base network’s infrastructure while adding its own functionality, routing, or services. Overlay networks don’t replace the underlying network; rather, they depend on it for connectivity and communication. They often introduce additional protocols, encapsulation, or abstraction layers while still adhering to—or at least interoperating with—the base network’s core protocols (e.g., TCP/IP… Read More »The overlay networks

Scalability is widely misunderstood.  First, most people in the blockchain field do not understand what scale a blockchain must achieve in order to have any universal utility. Elon Musk thinks DOGE has real potential because it does 40 TPS, and others marvel when Solana pushes 50,000 TPS during tests (unconfirmed), but the fact is that real-world adoption requires TPS in millions and potentially billions. See: The Necessary Scalability of Layer-1 on Blockchain. (And it would bring up… Read More »Blockchain scalability and Teranode