What Bitcoin Does

I NEED my feed full of builders. What are you working on right now? I don't care if it's a startup or a weekend side project. If you're building something, I want you on my timeline. Reply and let's connect. 👇

Teranode's secret weapon: microservices. Instead of one monolithic program, Teranode splits node functions into independent services. Each scales, updates, and maintains separately. This is how Netflix and Uber are built. Now it's how Bitcoin works. #Teranode #BSV

Chronicle activates April 7th. I want to take a moment to explain why this upgrade matters - not just technically, but personally. First, huge thanks to everyone involved. The developers who did the actual work, and the community members who contributed to ensuring the scope was as airtight as possible while promoting stability. Maintaining stability while restoring the original protocol was a delicate balance, and the final release reflects all the hard work that went into ensuring that. Why restore the original protocol? This isn't just about completion for its own sake. Over the years, a lot of restrictions were added to Bitcoin. And in the same way that central planning can destroy an economy, centrally planning and limiting developer creativity means we have no idea what possibilities the original protocol actually enabled. We know it allowed more flexibility. We imagine that as better Bitcoin scripting engineers emerge and people learn more about the underlying protocol, they'll take advantage of use cases we can't even predict yet. Chronicle removes those artificial constraints. This is the core of the BSV Association's mandate. There should be no central person or group of people that tell you how you can build on top of the protocol. Original Transaction Digest Algorithm (OTDA) One of the most significant changes is the restoration of the Original Transaction Digest Algorithm. BSV will now support both the OTDA and the current BIP143 digest algorithm. Developers can opt into OTDA by setting the new CHRONICLE sighash flag (0x20). If you do nothing, existing behavior is preserved - BIP143 continues to work exactly as before. This gives developers the flexibility to choose which digest algorithm fits their use case, whether that's maintaining compatibility with existing systems or leveraging the original protocol's behavior. Transaction malleability Transaction malleability has been treated as this big scary problem throughout Bitcoin's history. There were a lot of patches added to Bitcoin over the years specifically to prevent it. But in doing so, they limited developer flexibility significantly. Here's the thing: transaction malleability itself isn't actually a problem. It was only perceived as one because of how people were doing payments in Bitcoin - which was always wrong. Payments in Bitcoin were always meant to be peer-to-peer, then broadcast directly to the mining network. This is outlined in the Simplified Payment Verification section of the white paper. The work that has been done on all of the development tooling and the BRC-100 standard has enabled users and developers to utilize SPV. Transaction malleability was a concern based on a misunderstanding of the payment flow, and a misunderstanding of nodes themselves. Because they misunderstood how payments should work and are convinced that miners will behave irrationally, they put in a bunch of restrictions on developers. And here's the clever part: this is opt-in. Transactions using version 1 keep all existing restrictions. Only transactions with version > 1 get the relaxed rules. Existing applications remain completely unaffected. So if you are reading this and think "no way Connor is right about this" - then you can continue to ensure payments made with your wallet or application are not susceptible to malleability. Restored opcodes Chronicle re-instates several opcodes that were disabled years ago. Of note: • OP_VER, OP_VERIF, OP_VERNOTIF — access the transaction version directly in script • OP_LSHIFTNUM, OP_RSHIFTNUM — numerical bit shifting (restored to mimic the original behavior of OP_LSHIFT and OP_RSHIFT) Business continuity In line with BSV's commitment to stability: if you do nothing, nothing breaks. Existing applications using BIP143 without the CHRONICLE flag remain completely unaffected. The changes are all opt-in. This was deliberate - we needed to restore the original protocol while respecting that real businesses depend on the current state. Personal note I've been in BSV since day one. The uniting goal, shared with other community members, was always restoring the Bitcoin protocol and locking it. Set in stone. I'm proud to have played my part in that, and to have been involved in the actual work being done by the developers to enable it. The work of the Association in doing this restoration is finally done. The protocol Satoshi designed is back. This is cause for celebration. Let's build.

@abomac3 I’m actually doing pretty well with the app I built on the last stream. scraper.kurtwuckertjr.com

This is how BSV is winning the blockchain technology game—and, furthermore, it will decide when the Bitcoin civil war ends. beta.peermark.online/media/33361202…

Chronicle successfully restores original Bitcoin protocol coingeek.com/chronicle-comp…

It’s time to put the laser eyes back on. $BTC

Re: Bitcoin. The protocol is the foundation. Everything else is noise.

Accounts and ledgers are the problem → replace them with atomic settlement

Teranode doesn't just increase block size — it removes the limit entirely. Unbounded blocks = unbounded throughput. Add more machines, get more capacity. No ceiling. No bottleneck. #Teranode #BSV

I don’t think I’ve ever shared this before. In 2018, at @handcashapp, @_rafa_js and I were testing payments via ultrasound waves. The tagline I came up with for this unannounced feature was "Sound Money. Literally."

We just removed API keys from paid APIs. x402 now ships with: • Test vectors (deterministic validation) • Rust + Python verification • SDK + CLI • Production-grade reference implementation • Live pay-per-request endpoint Authorization = payment. demo.x402.merkleworks.io

If you haven't read @CsTominaga's latest Substack article about his IEEE paper, you really should. It directly addresses the false premise about Raspberry Pi "nodes." I link to Craig's work here with my thoughts. kurtwuckertjr.com/post/craig-wri…

bsv.lol update: -customizable live feed protocol filters -fullscreen ambient mode -DVR timeline: scrub back through hours of live transactions. Put it on your wall. Rewind what you missed.

@findingsatoshi_ x.com/whatbitcoindoe…

We spent 4 years investigating the identity of Satoshi Nakamoto. We spoke to the people who were there at the beginning. We followed the code, the writing, the timeline. We found the answer. #FindingSatoshi premieres April 22.

BTC changed the consensus rules 4 times. BSV locked them forever. One is "evolving," one is "stable." Both are marketing terms.

Teranode is the next-gen node software for BSV blockchain. Built from scratch as microservices, it processes over 1M transactions per second — 100,000x faster than BTC. The scaling debate is over. #Teranode #BSV

BSV Browser is live. iOS: apps.apple.com/app/bsv-browse… Android: play.google.com/store/apps/det… It's a regular web browser — tabs, bookmarks, search — with a self-custodial BRC-100 wallet baked in. Source available: github.com/bsv-blockchain…

Bitcoin was designed as a means of moving value and information without the permission of a third party, and this utility is never more evident than in times of conflict. Since the latest Iranian dustup started, social media is awash with stories of people trying to leave the Middle East but encountering obstacles preventing them from taking their wealth with them. It got to the point that Dubai’s government felt the need to call out these ‘false reports'. True or not, such stories remind us that Bitcoin was designed to follow wherever you go, including when you need to go on a moment’s notice. So long as you retain access to your 12-word seed phrase and an internet connection, no one else’s permission or approval is required. And it’s not just monetary value. Bitcoin’s capacity for immutable data storage could demonstrate proof of ownership of hard assets you want to take with you. It could even one day free you from worrying that you won’t be allowed to leave a country if you lost your passport. If your passport is stored on the blockchain, it could be easily verified at the airport. Bon voyage. (The above assumes that you believe Satoshi was sincere when he said the blocksize would eventually need to scale far beyond the temporary cap needed to initially demonstrate the technology’s feasibility, but I digress.) Bitcoin was and remains a revolutionary technology. It allows you to transact with who you want, when you want, without fear of clawbacks, without concerns that a cheque will bounce, providing both parties with an irrefutable record of a transaction. Back in the Bodog days, customers would deposit, gamble and, if they lost, tell their credit card company that they’d been ripped off and charge back the money they’d sent the site. The customer would move on to the next site and repeat the process. Bitcoin would have been a godsend back then. Bitcoin’s primary benefits seem to have gotten lost over the years, buried under a mass of ‘crypto’ get-rich-quick schemes and misinformation regarding Bitcoin’s original mission and the problems it was designed to alleviate. Time we turned down the suck and pump up the real volume. What’s Bitcoin’s biggest benefit to you?