Australian computer scientist and businessman that has publicly identified himself as the main part of the team that created bitcoin, Dr. Craig Steven Wright posted a tweet in which claimed that bitcoin SV (BSV) will process terabyte-sized blocks in 2 year period.
2 year target.
— Dr Craig S Wright (@ProfFaustus) November 29, 2018
2-4 Million TPS peak
500k sustained
Terranode Bitcoin
It is considered that Wright and others in the Bitcoin Cash world don’t believe in scaling solutions which take transactions off-chain, instead preferring to increase the size of blocks and associated storage space required for Bitcoin nodes.
Thus, the Bitcoin SV hard fork’s first considerable change was to project a quadrupling to 128MB blocks in order to solve the scalability problem. At the present time, however, BSV blocks are on average much smaller than even bitcoin blocks, due to lack of transaction activity.
As it was reported earlier, bitcoin SV development team made a decision to gave up claims on the original bitcoin cash chain and focused on its own applications and developments.
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