Active Bitcoin SV addresses and transactions rose the previous two days on CoinGeek Live in New York this week.

Active BSV titles have grown from 110,000 on September 28 to 947,400 today.

Just two days before the launch of CoinGeek Live, which began on September 30 at 9:00 AM ET and continues through October 2, it saw an impressive 761% growth.

The tip of the active headlines caused confusion on Crypto Twitter. Arthur Van Pelt, Bitcoin SV’s opponent and Craig Wright, in SirToshi’s scheme sent attention to the fact that BSV managed to overtake Ethereum in the midst of the DeFi boom. He sarcastically said:

“It looks legal. I think this is organic growth. I bet it has nothing to do with #CGLive.”

Influential Bitcoin Holdlunot responded with a palm-shaped figure.

Transactions on the Bitcoin SV network doubled in the same period from 715.6000 to 1751000 today. That’s 145% growth 48 hours before the conference. Meanwhile, the average transaction cost for the same period decreased by two-thirds.

However, it is possible that this evidence is just a coincidence, as there are sometimes unusual bursts of activity on the network. On June 24, the number of active addresses increased to over 1 million cards, and on July 10, the number of transactions increased to 5.5 million.

CoinGeek Live is essentially an online event with speakers including controversial chief researcher nChain Wright, Bitcoin Association President Jimmy Nguyen, and Fundstrat Global CEO Thomas Lee

In his opening speech, Nguyen said Bitcoin SV has incentives to counter the bad behavior and noted that the original Bitcoin article mentioned the word “honest” 15 times.

According to CoinGeek’s report on the Nguyen title, Bitcoin SV currently processes more than 2,800 transactions per second online, with 50,000 transactions planned for the near future. The upcoming Teranode Corporation protocol targets 1 TB of transaction blocks.

Nguyen said Bitcoin SV is “the basic set of rules for the entire network” and “reinventing the Internet.”

In some related news, the Supreme Court denied Craig Wright’s jurisdiction. Prosecutor Satoshi attempted to file a lawsuit against Hodlonaut for defamation in the UK, but now he will have to turn to the Norwegian courts.

Hodlonaut said the court awarded him an additional $ 6,000 compensation in addition to the $ 60,000 already awarded in costs:

Source: CoinTelegraph

LEAVE A REPLY