BSV Blockchain introduced to Nigeria with real use case technology


Last week saw the Blockchain Developers Summit in Nigeria that enjoyed over 1,500 attendees made up of developers, entrepreneurs, startups and tech enthusiasts. Also in attendance were a delegation from Nigeria’s Economic Ministry –  Prof. Umar Garba Danbatta (National Director, National Center for Artificial Intelligence and Robotics) (NCAIR) and Kashifu Inuwa Abdullahi (Director-General of the National Information Technology Development Agency) (NITDA).

An international delegation that represented the BSV Blockchain included Dr. Maximilian Sinan Korkmaz, Founder of My2Cents, Michał Scisłowski, CEO and Founder of Soundoshi, and Lorien Gamaroff, Co-Founder & CEO of Centbee.

Most notably both My2Cents and Centbee saw a strong uptake in traffic and downloads on the evening of the event. In the case of My2Cents the traffic increases have continued at an astonishing rate with a large proportion of that traffic coming from Nigeria.

How My2Cents works: Users pay a fraction of a cent to post and then other users pay similarly small amounts to like, comment and re-purpose the content. The BSV chain as a whole is processing over 1,000,000 transactions daily:


Bitcoin Association launches free Introduction to Bitcoin Infrastructure course at Bitcoin SV Academy


Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the BSV blockchain, today announces the official launch of the Introduction to Bitcoin Infrastructure course at Bitcoin SV Academy. The course is available free of charge and can be accessed from today at

Introduction to Bitcoin Infrastructure is the first course to be offered in the Bitcoin Infrastructure stream of Bitcoin SV Academy and has been designed to equip learners with an understanding of the role of nodes and node operators in the construction of the Bitcoin SV network. The course covers the in-built incentive model that drives investment in scaling at an enterprise level and that ultimately underpins the network, in addition to covering important fundamental concepts including payment channels, mempools and block assembly. At the conclusion of the course, participants will be tested on their knowledge through an online examination, with a course certificate available upon successful completion for those who have demonstrated proficiency and understanding of the subject matter.

Bitcoin SV Academy is an online education platform for Bitcoin which offers academia-quality, university-style courses and learning materials in three distinct streams, Bitcoin Theory, Bitcoin Development and Bitcoin Infrastructure. Developed and run by Bitcoin Association, Bitcoin SV Academy has been created to make learning about Bitcoin – the way creator Satoshi Nakamoto designed it – accessible, accurate and understandable.

The launch of Introduction to Bitcoin Infrastructure today follows the successful rollout of the introductory courses in the Bitcoin Theory and Bitcoin Development streams over the past 12 months, in addition to the stand-alone Bitcoin Basics: Protocol and Design course. Next year, Bitcoin Association will begin to release the first intermediate and advanced level courses across the three streams.

Visit today to find out more.

Speaking on today’s announcement, Bitcoin Association Founding President Jimmy Nguyen, commented:

“Education is a cornerstone of the work we do at Bitcoin Association, as we help more and more individuals, enterprises and governments understand the vast potential of blockchain technology. Bitcoin SV Academy is essential to this work, providing a world-class platform and university-level courses free of charge. The launch of the first course in the Bitcoin Infrastructure stream – the third and final stream to launch – is a fantastic achievement by the Academy team and will help the growing number of students enrolled in courses to round out their knowledge ahead of the launch of intermedia and advanced level courses in 2022.”


Shortlist of six semi-finalists announced in 4th Bitcoin SV Hackathon with USD $100,000 prize pool at stake


Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV (BSV) blockchain and digital currency, has today announced a shortlist of six semi-finalists in the 4th Bitcoin SV Hackathon. The theme for this iteration of the competition is ‘peer-to-peer applications’, with a USD $100,000 (payable in BSV) prize pool staked for the winners.

One of the premier events in Bitcoin Association’s developer education programme, Bitcoin SV Hackathons are global coding competitions designed to challenge developers to both learn about the technical power of Bitcoin’s original protocol and innovate on the fly. Within a set time period, participants – either as individuals or as part of a team – are tasked with developing an application on the BSV blockchain within the parameters of an overarching theme announced at the start of the competition.

The theme for this iteration of the competition is ‘peer-to-peer’ applications – not just payments, but any type of application that involves direct interaction between participants on the Bitcoin network.  This theme was chosen to refocus development of the ‘peer-to-peer’ aspect of Bitcoin’s original design; although ‘peer-to-peer’ is a key part of the title of Satoshi Nakamoto’s white paper, the P2P elements of Satoshi’s design were disabled and de-emphasised on the Bitcoin Core (BTC) network. Therefore, entrants were tasked with leveraging the recently released SPV Channels service as part of their application to facilitate P2P communication across the network, as well as interacting with the Bitcoin network directly via the Merchant API (mAPI).  Both SPV Channels and mAPI are tools uniquely offered on the BSV network.

The six semi-final entries are:

–  Alien Wallet – an SPV wallet with its own pay-to-order hash function
[Tim Middleton – Australia]

–  Bitcoin Phone – an app for broadcasting voice data over the Bitcoin network that leverages the non-finality of nSequence to enable close to real-time data streaming
[Joe Thomas – Canada]

–  BitCommit – an application for trustless fitness competitions using micropayments and smart contracts
[Gary Miller and Vince Miller – United States]

–  CATN8 – a micropayment-enabled online video platform with a full peer-to-peer SPV wallet implementation
[Marcel Gruber – CanadaDave Foderick – United States; Thor]

–  TimeKet – an SPV wallet combined with a reservation and payment validation system [Joonyeong Park – CanadaYoungjin Jang – JapanSeyoung Jang]

–  TKS Pnt – a point tokenisation system for use by merchants and their customers
[Meta Taro – Japan]

From this shortlist of semi-finalists, three finalists for the 4th Bitcoin SV Hackathon will be selected and announced on August 24.

The three finalists will be invited to present their projects at the upcoming CoinGeek New York conference, October 5 – 7. The Hackathon Final Round presentations will be on Day 1 (October 5) of the conference, with winners announced on Day 3 (October 7). The finalists will compete for a share of a USD $100,000 prize pool, paid in BSV – $50,000 for 1st place, $30,000 for 2nd, and $20,000 for 3rd.

Final placings will be determined by a combination of a final round judging panel and audience voting. To watch the final round presentations and have your say in who goes home with first prize and $50,000 in BSV, register to attend CoinGeek New York in-person or online at

Commenting on today’s announcement, Bitcoin Association Founding President Jimmy Nguyen said:

‘This iteration of the Bitcoin SV Hackathon has once again turned in numerous strong entries, each with a unique take on how best to leverage the peer-to-peer aspects of Bitcoin’s original design and the BSV network’s new SPV Channels implementation of P2P capabilities. With a challenging theme and complex requirements to remind developers about the often-forgotten P2P aspect of Satoshi’s intended Bitcoin system, it’s been impressive to see the different approaches employed by our participants. I congratulate all the semi-finalists and look forward to seeing who are selected as the three finalists.’

Also commenting, nChain CTO Steve Shadders said:

‘Working with all-new technologies – just like we tasked participants in the 4th Bitcoin SV Hackathon with doing with SPV Channels – is never an easy proposition. But challenging situations often lead to innovative solutions, which we’ve certainly seen with the standard of entries in this year’s Hackathon. Having worked intimately on introducing the Bitcoin SV implementation of SPV Channels, I’ve been intrigued to see how developers would approach it – and for a first foray with this new technology, I’ve been impressed with the early returns we’ve seen so far.’

To watch the Hackathon finalist presentations and to learn more about exciting developments on the BSV blockchain, register to join CoinGeek New York live in-person or virtually on October 5-7.