nChain Group’s new CEO Christen Ager-Hanssen co-hosted a Twitter spaces session with Kurt Wuckert Jr. to discuss the Bitcoin SV (BSV) ecosystem. He called it the DNA of BSV. It was an exciting look at the latest and upcoming developments in BSV.
Wuckert on GorillaPool
Wuckert explains that GorillaPool has been around for over a year now. They’re building tools to allow people to access and filter data for their businesses without running a node. There have been attempts at this before, but they failed due to weak business models.
For Wuckert, it’s crucial that people can access the data they need without having to keep all of it. With the tools they are building, users can filter all sorts of information available on their servers to serve their customers.
Currently, GorillaPool is building up hash power and looking to help everyone start mining. It costs less than $3,000 to buy ASICs and start mining with GorillaPool while supporting the network.
Ager-Hanssen agrees with Wuckert that it’s important for everyone to start working together and collaborating. He says he already knows that BSV is the superior blockchain, but most people don’t get it. Thus, we need to show them what it’s capable of.
Brooklyn Earick on RadNFT
Earick explains that RadNFT has been around for a few years now. They started building with the notion of being cross-chain and having options for everyone. They wanted to have options for people who need fast, reliable transactions, which led them to BSV.
Right now, they have Hollywood movies like “Top Gun” for purchase and are building a suite of Web3 creator tools. Sony and Disney are investors in the company and have put trust in them. When dealing with these companies, it’s extremely important to have technology that works, and that’s where BSV comes in.
Ager-Hanssen notes that after only a week on the job at nChain, he’s amazed by all the different use cases. He’s never seen so many potential unicorns. He believes RadNFT will be the first to achieve unicorn status. He says nChain is committed to working closely with companies in the ecosystem and now has its venture arm.
To reach his goal of being a trillion-dollar ecosystem in the next four years, everyone will have to work together, talk, and collaborate.
“We are the number one blockchain,” he says, saying how important it is to reach out and onboard people who are skeptical right now. Essentially, he’s saying no more fighting – it’s time to reach outside the bubble, build bridges, and bring people together.
Bjorn Olegard on UNISOT
Ager-Hanssen introduces Olegard and mentions that he has just joined the board of UNISOT. He asks him more about that.
Olegard explains that he has worked for Ager-Hanssen for 24 years, and they have been researching the blockchain industry for a while. They’ve decided BSV is the one they want to put a lot of energy into. He has gone through 1,500 projects so far, and UNISOT is one of the fantastic examples of how simple solutions can work.
UNISOT has a solution for triple-entry accounting, a revolutionary concept that will change everything related to accounting. Both parties in the transaction confirm each other. This will revolutionize accounting, auditing, and more.
UNISOT CEO Stephan Nilsson then explains that UNISOT started in 2018 in London, just after the BCH/BSV split. He decided to go with BSV because the tools would be for enterprises. He feels that the momentum is moving in a positive direction, and Ager-Hanssen’s appointment is very positive. He describes how they met with the Norwegian Financial Authority and participated in their sandbox.
Taking BSV to the next level and under the hood at nChain
During this process, UNISOT got clarification that BSV can be used as audit evidence globally, a hugely significant development that opens many doors. For example, it can revolutionize supply chains that touch almost everything.
Looking at some potential use cases, Ager-Hanssen talks about making greater connections with companies that act as linchpins in different industries and even potentially buying companies, plugging them into BSV, and taking them back to the market at enhanced value.
Wuckert asks what it looks like as nChain CEO. He notes that it’s an opaque company, and few know much about it. Ager-Hanssen answers that he has just met everyone and intends to change things at nChain. He wants the firm to be a development center and supports the entrepreneurs in the industry more proactively. One thing that needs to change is that nChain needs to become more aware of what’s happening in the BSV ecosystem.
Listener ‘Bitcoin Boomer’ says he’d like to see nChain defend the patent portfolio and cautions Ager-Hanssen to pick the use cases carefully. He notes there’s some flirtation with Central Bank Digital Currencies (CBDCs), and BSV supporters might not like that much.
Bernhard Mueller talks about CENTI
Mueller comments on the value in the BSV space and notes that it just needs to be tied together. He says the key is expanding the pie and not necessarily taking a piece of someone else’s pie.
Ager-Hanssen asks Mueller to explain CENTI’s success in Switzerland and what will happen going forward. He says they are close to launching a stablecoin native to BSV. It will be in Swiss Francs first and expand into three other currencies.
Picking up on the point that CENTI is launching a stablecoin and HandCash is also offering tokenized USDC, Wuckert notes that there are many different token protocols on BSV, and a healthy thing to talk about would be circling two or three of them and committing to using them.
Patrick Prinz on collaboration
Prinz echoes what Ager-Hanssen said earlier: cooperation and collaboration are crucial. “We’re doing such great work that it would not be done alone,” he says.
He’d like to see nChain being much more visible, transparent, and proactive in reaching out to entrepreneurs in the ecosystem. He says he is highly excited that Ager-Hanssen has seen the weaknesses in just a couple of weeks and is excited to work together.
Rafael LaVerde asks a tough question
Rafael Laverde asks Ager-Hanssen a tough question; what’s more important—nChain or Bitcoin? He replies that he sees it as a holistic system, and nChain is a key part of it. He admits that nChain needs to interact with the community more in the future.
LaVerde says that true Bticoiners don’t care about patents and usually build open source. He asks what Ager-Hanssen thinks about this. He replies that the last time nobody cared about patents and nobody was in control, Bitcoin ended up being hijacked and turned into BTC. Therefore, certain things must be controlled, and patents are one way to do that. “I’m not going to stop doing patents,” he says, shooting straight.
LaVerde explains communicating with each other via proof-of-work, a concept pioneered by Daniel Krawitz. He feels this is a good way to communicate and coordinate as Bitcoiners.
Adam Kling from Fyx Gaming
Kling notes that he started on Ethereum, and there were sites like Dapp Radar to make everyone aware of what apps are out there. They started to add more and more blockchain protocols, but BSV is still missing.
He says there’s a massive educational gap, and people don’t know you can develop on Bitcoin. Furthermore, they’re so trained on Ethereum that they need help understanding things such as how to connect their wallets to the BSV blockchain.
Kling feels we need to break into those other communities, but he notes it is tough. He even notes that technical leaders in other ecosystems are making announcements that they’re doing ‘cutting edge’ things, but they’ve been happening on BSV for years. Overall, we need to better inform everyone else what BSV is capable of and why it can do things better.
“It won’t take much to be the biggest blockchain in the world,” Kling says. He notes that we have a very low bar to beat everyone, and with BSV’s technology being what it is, it should be doable.
Ager-Hanssen agrees with Kling’s points and once again emphasizes that reaching out beyond the ecosystem is crucial. Both agree that making the blockchain fade into the background is the key to success.
Zack Wins on improving BSV’s brand and benefits for everyone
Zack Wins asks Ager-Hanssen how the 300 people on the call, who have been building on BSV for a long time, can benefit from firms like KPMG and Accenture recommending BSV.
Ager-Hanssen responds that the brand image has been plagued by some historical things, including the Satoshi saga, and having blue-chip management firms giving you the green light will be a massive benefit to everyone working on the BSV blockchain. For example, it will make it easier to approach other firms for potential cooperation.
Zack asks for specific examples of how we can cooperate more in BSV. Wuckert takes this one, saying that open collaboration between the people at nChain and the wider BSV ecosystem, including independent developers and entrepreneurs, is something he’d like to see.
Jerry Chan on the importance of community and coworking spaces
Chan begins by saying that coworking spaces are a great idea. He thinks that if these exist in the major centers where there are developers, that will drive excitement. He also thinks it’s a good chance for some people to share knowledge and learn from each other. They could also act as a magnet to draw in developers from outside the ecosystem.
Ager-Hanssen says he agrees, and he himself likes to learn from everyone, especially by talking.
Watch: Christen Ager-Hanssen returns to CoinGeek Weekly Livestream Special
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