Wednesday, October 9, 2021

Bitcoin Association and Cambridge Partner Over Bitcoin SV

The Bitcoin Association has joined hands with the Cambridge University Meta Net Society to sponsor a new study program that will allow students to learn about bitcoin SV (BSV).

Bitcoin SV: the Future of Crypto?

Bitcoin SV has been something of a controversial coin since it first emerged roughly one year ago. First off, it’s a product invented by Australian bitcoin developer Craig Wright, who seems to have mustered up just as many enemies as he has fans. In addition, bitcoin SV is the “child” of bitcoin cash and resulted from the bitcoin cash hard fork that occurred around November of 2018.

Sadly, this hard fork has garnered a rather harsh reputation in the previous months, as many blame it for the sudden bitcoin crash that ultimately occurred a few weeks after it came to be. Bitcoin had spent much of the summer of 2018 trading at the $6,000 range, but the hard fork ultimately led to a massive drop in its price, and by the time Thanksgiving rolled around, bitcoin was trading in the mid-$3,000 range. It took approximately five months for the currency to show any signs of recovery.

Still, bitcoin SV appears to have garnered a few followers along the way, and the Bitcoin Association seems to be one of them. The group is planning to host events, meetups and conferences regarding bitcoin SV to help students better understand the properties of cryptocurrency and prepare them for careers in both crypto and blockchain.

Robin Kohze - president of the Cambridge Meta Net Society - explains:

Cambridge is traditionally a place to bring the bright and creative together to explore daring ideas and challenge the status quo. We thank the Bitcoin Association for its financial support, enabling us to host 22 events this academic year to teach and support a new generation of bitcoin developers that focus on real world utility applications.

The organization has already announced the first two speakers for the year: bitcoin SV creator Craig Wright himself, and Jimmy Nguyen, the president of the Bitcoin Association. Both will be featured at an event taking place on October 17.

What Makes It So Special?

Nguyen comments:

As bitcoin’s true power is finally being unlocked in bitcoin SV, we are thrilled to support bright, daring minds at Cambridge University and help them learn how to build the meta net. Their work will contribute to a future internet that truly rewards users for their data, creates monetary value in user online activity, and incentivizes higher quality content - all only possible on BSV.

The Bitcoin Association supports bitcoin SV as the primary currency of the industry, stating it is exactly how Satoshi Nakamoto originally envisioned bitcoin to work. It says that the BSV blockchain is the only one in existence that appropriately scales and has “robust utility.”

The post Bitcoin Association and Cambridge Partner Over Bitcoin SV appeared first on Live Bitcoin News.

Bitcoin Association and Cambridge Partner Over Bitcoin SV

Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries.

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