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BSV Blockchain: Building trust at scale

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BSV Blockchain: Building trust at scale - CoinGeek

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The post BSV Blockchain: Building trust at scale appeared first on CoinGeek.

In March 2023, MintBlue successfully processed 50.53 million transactions in a single day at a cost of only €400 ($434), with each transaction containing a simulated document.“We believe that UTXO architecture (BSV’s architecture) is more suitable for real-world enterprise solutions that need to be compliant and private and support commercial scale without offloading workload to other systems,” said Niels van den Bergh, CEO at mintBlue.“Secondly, BSV is a public protocol with the mandate to keep it set in stone.

The BSV blockchain is a “secure and stable” peer to peer technology, designed for scalability and enterprise-level use cases, according to a new report by BSV’s Swiss-based custodian organization, the BSV Association, in collaboration with strategic management consulting firm Boston Consulting Group.


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Article Details

Author / Journalist: James Field

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 07:00:55 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 2063 words

Reading Time: 12 minutes read

Sentences: 68 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 21722562

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Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 3 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 13 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #82

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