We need one global blockchain to handle all the transactions in today’s #Web3 world, but for that to happen, the blockchain will have to scale unboundedly. Jake Jones, head of network infrastructure at the BSV Association, talks about Teranode and how it will enable a Web3 that’s based on blockchain with countless of uses.
Find out about the Web3 renaissance powered by blockchain technology at the London Blockchain Conference taking place at ExCeL London on May 21-23, 2024. Get your tickets today! #LDNBlockchain24
Timestamps:
00:00 - Introduction
00:08 - Start of Teranode discussion
00:47 - "Unbounded scaling" definition
01:28 - What is Bitcoin
02:57 - Web3 based on blockchain
09:47 - Transactions
10:54 - Teranode's first model
12:00 - Teranode evolution
13:06 - Teranode Unbounded
15:25 - Simplified Payment Verification (SPV)
17:42 - Merkle proof for SPV
18:25 - Achieving unbounded scaling
20:40 - Start of Q&A
20:53 - BSV unbounded scaling proof
22:05 - Teranode's hardware
22:55 - Miners and non-miners nodes
23:22 - Teranode vs. sorting mechanism
23:51 - Teranode's offering
24:38 - 'Reading' on chain
25:51 - Splitting the nodes
26:53 - Specialization in mining
27:48 - IPv6 integration on Teranode
28:22 - Microservice architecture
29:48 - Transaction process
32:13 - Teranode and Chronicle relation
32:28 - Presentation ends
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