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Cryptocurrency News Articles

In this episode of the CoinGeek Weekly Livestream, Kurt Wuckert Jr. hosted an Ask Me Anything covering various topics about BSV

Mar 28, 2025 at 10:00 pm

To open the livestream, Wuckert thanks RockWallet for sponsoring it and talks about his new article on CoinGeek. In it, he explores how speculation and unwholesome ways to get rich

In this episode of the CoinGeek Weekly Livestream, Kurt Wuckert Jr. hosted an Ask Me Anything covering various topics about BSV

On this week’s episode of the CoinGeek Weekly Livestream, Kurt Wuckert Jr. hosted an Ask Me Anything covering various topics about BSV.

The livestream was sponsored by RockWallet.

This week’s new article on CoinGeek

Last week, Project Babbage Founding President Ty Everett told us that many of the Babbage tools are now open source. One viewer wants to know how easy it is to build games and apps using these tools.

While he personally doesn’t use them and can’t give an opinion based on experience, they use Bitcoin Schema at GorillaPool, which are largely interoperable and compatible.

Furthermore, the GorillaPool team has worked with the Babbage team on multiple occasions, and the communication and working together has always been smooth and conflict-free. Based on this, he’d say they’re likely awesome.

Electrum is early Bitcoin technology that uses an overlay network to filter transactions. ElectrumSV is a version of that specific to BSV.

Small-block Bitcoiners often push for anyone to be able to run a node, but it works differently on BSV. Following Satoshi’s vision, the BSV network has been designed so that a few large nodes in data centers will end up feeding many light clients.

Electrum depends on these nodes to serve its data. The developer who was running it has walked away, but GorillaPool will continue to serve the data for the foreseeable future.

This depends on where you’re sitting and what your role in Bitcoin is. If you’re an infrastructure partner, it has been available for six months, and GorillaPool and others have been testing, debugging, and collaborating on it.

He can’t say for sure, but he’s hearing “heavy whispering” that a Q1 Teranode public release is still in play. It will be released open-source so others can audit the code.

Up to a point, and then it’s net neutral. More than one is necessary, but more than 10 seems like overkill.

If you advocate that more hash power is always better, then sure, but there are consequences for speed, network latency, etc. Ideally, there should be as few as possible for maximum security. After that, there’s no extra value in having more nodes.

He thinks the ship has sailed for BSV to be used as a national currency, maybe someday. However, there are countries considering using the ledger itself for central bank digital currencies (CBDCs), national digital currencies, etc. There’s interest in the ledger, but the idea that Bitcoin might be used as money will have to wait.

The BSV Hackathon is taking place in Austin, Texas, on April 5 -6. Kurt will be there, and yes, there will be BBQ. The hackathon will be focused on using the Babbage software stack and will have $50k in prize money up for grabs.

Anyone interested in attending or learning more about the rules and expectations can visit BSVHackathon.com.

To hear more about BSV compared to ICP, mining profitability, how non-techies can help BSV, and the MNEE stablecoin, watch the weekly livestream here.

See More: Unpacking Bitcoin sustainability at #LDNBlockchain24

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Other articles published on Mar 31, 2025