New Year’s Address by Calvin Ayre

All the anti-scaling forces who were in the Bitcoin world have carved themselves away from Bitcoin and have their own altcoin (inaccurately still using the Bitcoin name unfortunately) which no longer has the original Bitcoin economic model. Now that this has happened, Bitcoin SV is clear to massively scale in 2019, while still keeping the original Bitcoin base protocol stable. Ironically…all the anti-scaling forces are now out limiting their alt coins from massive-scaling and wasting time on unnecessarily complex side chains or second layer solutions.

As painful as this was and as fraudulent as this outcome is now that the Bitcoin name is being used to sell platforms that no longer have Bitcoin’s economic model, it at least allows the market to decide without the artificial restrictions that original Bitcoin has been subjected to for the last few years.

Below is a chart of the largest on-chain blocks on different “Bitcoin” chains mined in the 10 years since Bitcoin was invented. You will note that the top 16 records are all done using the Bitcoin SV (Satoshi Vision) implementation (when it was on the Bitcoin Cash chain) or on the Bitcoin SV chain using the original Bitcoin economic model and vision. The last block record was 65 MB mined by Mempool in China on Christmas eve, December 24 of this year. It is interesting to note that this is only one MB bigger than the last world record block mined during the BCH hash war by my mining operation CoinGeek. This seems like a very small increase until you note that the largest ever Bitcoin Core block is just over 2 MB in total. The fees for these small blocks are embarrassing also…you cannot do micropayments with this platform at all.