Bitcoin technology / 4th Industrial Revolution. Bringing data value, monetizing data, allowing data to given value opens up so many amazing possibilities on services, goods & business that can built on the scalable BitcoinSV blockchain. People owning that data and allowing access or selling it.
We can use bitcoin to build a internet and electronic money system. The internet wasn't built with money integrated. Now we have highly programmable money that can do something(s)
Bitcoin is a technology that covers a transdisciplinary field of study and historically solved a number of computer science problems, Bitcoin allows store of value but also quick transmission of value. Bitcoin is a protocol, anything else calling the name bitcoin is false since Bitcoin is in a specific topological network configuration. All of the social science mechanics such as game theory etc site ontop of the physical actual network makeup.
Just 21 million bitcoins allow a uninflated medium of exchange, speed of transaction and confirmation of that payment gives quickness of value transmission and movement of value from different people/machines. Machine to machine payments and apps that use Bitcoin as backend allows machines to automate payments and new innovative services and businesses to emerge.
Instant transactions make high value transactions occur at once, nano transaction too means data of can be sent and bitcoin can become "piping for applications", "Bitcoin as Backend".
Many different blockchains, DLT, ICO projects have come & gone. Ether positioned itself as the "world computer", the reality via its network configuration means Ethereum's suffers congestion, high transactions costs. 99% of crypto blockchains are centralised, 99% just doesn't scale.
Some of the progress happening on BitcoinSV in the development space has massive implications for the applications enterprise level applications too. BitcoinSV has scaled faster in 1 year than 10yr of crypto, check the growing research by nChainGlobal on new transaction types, parallel & looped transactions all onchain on Bitcoin Satoshis Vision.
BitcoinSV has delivered on the more original robust scaling network configuration as per the bitcoin white paper, being cash like in principle by its super cheap fees, Sound Money by its 21 million limit, Delivered at scaling ( via Genesis Upgrade, Restoration of Code "Unfuckening") unmatched transmission speeds (various scaling testnet and mainnet world record block sizes).
BitcoinSV also has applications for bitcoin computation giving it the unique capability of infinite programmability & Turing Completeness.
BSV's capability unrivalled.
BitCoin is a protocol, not political ideology, as a protocol it forked away from BTC (When segwit was added) then forked away from Bch (pre consensus/avalanche) in that respect we could say its the child of BitcoinCash yet the mother of BTC.
#BitcoinSV restoration of the protocol means it can enable massive scaling, bringing new capabilities in IOT, communications, commerce and business.
BTC remains at peak capacity, meanwhile BitcoinSV is processing transactions of all types daily.
BitcoinSV meanwhile has more Tx volume and increasing hash grows as the real Bitcoin when more miners are moving over for profit and as more services open up. BTC (Segwit) obviously can't be bitcoin, it has segwit (signatures are offchain) which has a whole host of problems, along with a stifled 1MB cap on block size. The fees are outrageous and basically destroyed adoption and set back Bitcoin adoption by years.
At Satoshi’s Vision Conference in Tokyo, Japan, nChain Chief Scientist Dr. Craig Wright's visual description of the capability of the Bitcoin network – particularly in the form of Bitcoin SV which can massively scale. He emphasised the importance of a system of connectivity across the network, the way Bitcoin’s small world network incentivizes miners to verify accurate transactions and protect themselves against DDOS and how SPV (simplified payment verification) p2p transactions site within the network.
Dr Craig Wright explained the Turing Completeness of Bitcoin to Nick Szabo on a bitcoin panel ages back. Nick Szabo dismissed him as did the other stage attendees who mocked Dr Craig Wright, misunderstood, only now are we beginning to understand the applications to Turing Completeness on Bitcoin, This changes everything... Bitcoin becomes a .... #WorldComputer
A Turing Complete system means a system in which a program can be written that will find an answer (although with no guarantees regarding runtime or memory).