“Billions of People Will Use Bitcoin Cash SV In Coming Years”, Says Craig Wright

by | Nov 22, 2018 | Cryptocurrency, Cryptocurrency News

Craig Wright | Bitcoin Cash SV | Bitcoin hash war

The Chief Scientist of nChain, Craig Wright found himself in the middle of Hash War when he offered support to Bitcoin Cash SV fork and affirms that this particular protocol is the correct way to upgrade the Bitcoin Cash network. Supporting it further, Wright states in a recent medium post that the network is ready to take care of businesses.

Craig Wright has had several, foot in the mouth moments while supporting BCH SV, just recently he ranted on Twitter that Ethereum Is Useless & XRP Is Illegal. This time around in the medium post, he seems to have mellowed down while pointing out points in the support of the BCH SV fork.

Craig suggests that the SV blockchain is ready to open up for businesses since it is scalable. The key focus of the network, for now, is to create an enabling environment for businesses to operate efficiently. In doing so, they are not wanting to create or promote any form of anarchy as mainstream media insinuate. He writes:

“It is not a method to create anonymous systems to help promote and create anarchy. Rather, we have been developing technologies to increase business efficiency, to open markets, and to allow trade.”

He elaborated that their aim is to make the market more inviting and to facilitate trade.

“We plan to open development of systems that will have billions of people using Bitcoin in the coming years, without even knowing that they are using Bitcoin. Basically, we seek to create a system that proves the ends which reflect how any good system should be?—?not one based on ideology and religious drive, but simple efficiency and value.”

Read more: Bitcoin Cash’s Roger Ver Wouldn’t Mind Monero Or Dash Being Accepted As World Currency

Bitcoin Cash SV

The 100 different inventions documented by Bitcoin Cash  SV so far that have real-world value. Wright believes that these and many more investors will push the global adoption and use of the network. He predicts that the billions will be using their network without actually knowing they are as the network is resilient and can handle billions of transactions at a go. Furthermore, the network’s foundation is not based on ideology and “religious drive” but on value to the end user and efficiency.

“We have already documented several 100s of inventions that have real-world value today. These are concepts and seeds of businesses that we will provide to developers seeking to extend the Bitcoin protocol on SV?—?not as a means to take down the state or anything along those lines, but simple and boring uses such as technological data plumbing.”

Read more: BitMEX: Miners Are Loosing Millions in Revenue Due To Bitcoin Cash Hash War

 

Arshmeet Hora

The idea of expressing one’s views and reviews through words is beyond intriguing. What started as a creative let out has now become a passion and a profession for Arshmeet K Hora. In her own words ” with every word, every article that I write, my passion towards this medium has grown stronger.”  Arshmeet covers latest crypto news and updates as well as what happening new revolving around Blockchain Technology.

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