Bitcoin Association for BSV to Serve as Steward of Bitcoin Protocol

June 18, 2023
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Today, the Bitcoin Association for BSV announced that it has been granted stewardship of the Bitcoin protocol. On the first day of the inaugural London Blockchain Conference, taking place 31 May through 1 June, the Bitcoin Association’s Connor Murray, Stewardship Director, and Martin Coxall, Marketing Director unveiled how the organisation is currently working on the implementation of the technical and operational processes to actively steward the system.

Connor Murray said, “With BitcoinSV, we want to provide a solution to enterprises and governments that make the world more transparent and honest. Bitcoin was always designed to fit within existing legal structures, and as we continue to document and restore the original protocol, we want to ensure that we are working with, not against governments and policymakers worldwide.”

As stewards and network authority, the Bitcoin Association for BSV will set out to build and maintain the core infrastructure as originally envisioned by Satoshi Nakamoto. This mandate also includes empowering those that are actively building upon this protocol which is characterized by its four inherent pillars: stability, scalability, security & safe instant transactions.

On empowering the builders of the BSV blockchain, Martin Coxall added, “It only makes sense to protect the original Bitcoin protocol if the blockchain is actually utilized. By offering resources to builders, such as educational, technical and networking opportunities, we are accelerating the adoption of BitcoinSV to the enterprise and beyond.”

The session also spotlighted Digital Asset Recovery, a tool through which individuals can freeze and recover lost or stolen coins on the blockchain through a legal court order. And finally, Coxall discussed the recent record setting day on the BSV blockchain, in which approximately 85 million transactions were processed in just 24 hours. Vaionex, an API services company, led the majority of transactions by deploying TIMESEAL, a new application that will have a profound impact on how governments and enterprises approach blockchain adoption. TIMESEAL will be fully unveiled at this week’s conference.

About Bitcoin Association for BSV

Bitcoin Association for BSV is a non-profit association (Verein) in Switzerland and the global industry organisation which advances Bitcoin SV (BSV). It brings together enterprises, start-up ventures, developers, merchants, exchanges, service providers, blockchain transaction processors (miners), and others in the Bitcoin SV ecosystem. The Association supports Bitcoin SV as the original Bitcoin, with a stable protocol and massive scaling roadmap to becoming the world’s new money and global blockchain for enterprise. The organisation seeks to build a regulation-friendly ecosystem that fosters lawful conduct while encouraging digital currency and blockchain innovation.

About the London Blockchain Conference:

NETWORK. LEARN. ENGAGE.

At the London Blockchain Conference, we show how the BSV Blockchain will change the world and help people see another way to manage data, build scalable on-chain solutions and achieve great things. We do this by creating valuable, insightful, and engaging events that educate and inform, allowing you to connect and network to build strong business relationships. Our conference is the best avenue to see blockchain innovations, big ecosystem announcements, new product launches, technology updates, keynote speeches, panels, and fireside chats from blockchain leaders. Join us and experience it for yourself.

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