Bitcoin Stewardship with CHRONICLE, Teranode, Connor Murray

by SK
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Connor Murray, a steward ship director of BSV Association in Episode 4 of Coinge Weekly LiveStream, will join Kurt Wuckert Jr. Check from the live stream below.

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Why does bitcoin need steward?

Wuckert introduces MURRAY. Murray should already be familiar with many BSV supporters. Asking about his official title at the BSV Association (BSVA), he asks Malay why bitcoin needs steward.

Malay says that BSV’s core philosophy is set in stones. In other words, it means that a single entity has no power to change it. BSVA functions as a steward for protecting and documenting the protocol. There is one last update. After that, the original protocol has been completely restored, and there is no need to update.

If the protocol is set in a stone, what is it exactly?

Malay says he came up with the idea of ​​”leading the northern star.” What do they need to be able to communicate with other nodes? He thought about it, identified various factors, and began to document them. He acknowledges that everyone agrees that this is still a challenge. After all, he is a human and everyone else is involved.

What happens if someone tries to change the protocol? Malay says his role is to do nothing. Bitcoin is a node distributed network, and BSVA is simply defined. If someone came with many hash power and tried to change it, he hoped that the honest node would ignore it and continue the remaining chains.

Bitcoin White Paper states that nodes are obliged to refuse malicious activities. Changing the protocol is an example of malicious activities, so he would have expected it. We agree with Wuckert and give an example of gold. Other gold can be called gold, but its atomic characteristics define it. He believes that BTC developers have fundamentally changed bitcoin, so they will not be able to explain bitcoin while using the ticker.

Is there an active release date for the CHRONICLE update?

Murray says he thought he had already been released. However, after releasing it for a private test, some parties were concerned about the adaptability of the transaction.

Developers have many opinions about this issue, and some of the proposed changes will be re -introduced. Therefore, BSVA has taken another approach so that people can choose what they want.

When asked if the developer could no longer maintain an ElectrumSv wallet, he said that MURRAY is not using the BSVA open source library. However, there may be some delays between the release and the update.

Is this update a hard fork, and if there is a new coin?

Malay defines updates as hard forks, but there is no new coin. He returns it to Genesis Update. Once this is implemented, there is no need to make any more changes, and the original protocol is restored.

Did the original bitcoin have a block size limit?

When Nakamoto Atoshi released bitcoin, there was no block size limit. Hal Finney and others have persuaded him to temporarily implement one for DDO’s attack and other security concerns. Although it should have been a temporary measure, the group took over the project and determined that it should be permanent.

What is the importance of StableCoins on BSV?

Malay is personally a hard money advocacy, but he believes that stubcoin is one of the major things we lack. Most users do not care about this and their coins, but instead want a stable currency such as US dollar and wants to be inexpensive, fast, and reliable. This is a big deal if you add the potential of micropayments.

Murray is autographed and town hole is 11:00 am on Thursday, January 30. It is recorded for more detailed chronicle updates and recorded for those who do not catch live.

OP_VER, various bitcoin forks are similar to religious religions, and to know what Wuckert is thinking about the release of Los Wolblicht prison, check the live stream via this link. Please please.

Watch: Make a life with Terranode

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