Brendan Lee: Building the knowledge base for Bitcoin

Brendan Lee is gathering together the collective wisdom around Bitcoin SV (BSV) and making it digestible for developers – both for newbies and for the battle-hardened. “I wanted to take my knowledge of Bitcoin and get it out to as many people as possible,” he says.

BSV is still less than a year old, since its fork from Bitcoin Cash, so it’s surprising how much there is to learn and to impart. But at the CambrianSV Bootcamp in Bali recently, Brendan, the new Training and Development Manager for the Bitcoin Association, demonstrated the fruits of his studies in a series of well-received seminars for the 30 or so developers who were attending.

He’s also taken on a second new job, as Head of Technology for Faiā, a management consultancy that works with companies who may be taking an interest in the potential of Bitcoin for the first time. For complete newcomers, Brendan admits there are often some prejudices to overcome. The “civil war” in Bitcoin is “very hard to explain to people”. But “as soon as you start talking about an honest money system, that’s transparent, where transactions are instant and extremely cheap …people actually hear that and they go ‘wow, I want to learn more’.”

One example of a consultancy project that makes use of Bitcoin is the development of a system to allow the automatic payment of royalties to an artist by an end consumer – making use of Bitcoin’s ability to pay out to multiple parties from a single transaction: “the fan pays the artist directly”.

In his work for the Bitcoin Association, Brendan says that what’s being built today still needs to achieve “feature parity” with existing applications on the Internet. “But once we get to the point that they do achieve feature parity, and start executing features that are in addition to what’s already available, we will see a moment where people start sitting up and listening” because they’ll have learnt that “if you use this application on Bitcoin, you can earn money really quickly”.

Brendan admits that there isn’t yet a defined body of knowledge around Bitcoin SV. In preparing his sessions for the Bali Bootcamp, he’s been “scouring the Internet” and talking to researchers at nChain to make sure that “my ideas and understanding of things is correct”. The result of the work will be a series of educational resources that the Bitcoin Association will release “so that people who are new to Bitcoin can come in and learn about these concepts – a lot of which are extremely important to understand if you are looking to build an application that works on top of Bitcoin”.

But Brendan is making no claims to be the final authority on the matters he’s teaching: “I’m working this out as I go along, and I have learnt so much in the process of putting these lectures together. What I’m really hoping for is that at some point someone comes to me and says ‘hey, I was thinking about what you said but here’s an even better way to do it’. That to me says that I’ve hit the right notes, I’ve got the creative juices flowing.”

Hear more from Brendan Lee in this week’s CoinGeek Conversation podcast:

You can also watch the podcast video on YouTube.

Please subscribe to CoinGeek Conversations – this is the fourth episode of the podcast’s second season. If you’re new to it, there are 30 episodes from season one to catch up on.

Here’s how to find them:

– Search for “CoinGeek Conversations” wherever you get your podcasts
– Subscribe on iTunes
– Listen on Spotify
– Visit the CoinGeek Conversations website
– Watch on the CoinGeek Conversations YouTube playlist

faia-announces-brendan-lee-as-head-of-technology-for-new-bitcoin-integration-services

Faiā announces Brendan Lee as Head of Technology for new Bitcoin integration services

Singapore, Singapore, June 18, 2019 — Faiabrand Pte Ltd (“Faiā”), an up-and-coming management consultancy, with roots in blockchain community management, announced that Brendan Lee has been named as Head of Technology (Bitcoin). Mr. Lee’s work with Faiā will commence immediately as it gears up to offer Bitcoin (BSV) exclusive integration and training services for enterprises.

Mr. Lee’s career to date has been focused on increasingly senior roles within industrial design, automation, and control, focusing on software design and implementation. Most recently, Mr. Lee was the Bitcoin Engineer Lead for Tokenized Group Pty Ltd, a company responsible for the Bitcoin Tokenized protocol, which is a comprehensive, regulation-friendly solution for businesses to create tokens for real world assets on the BSV blockchain. His role there included determining best methods to integrate Tokenized protocol into Bitcoin transactions, building tools to evaluate software outputs against the protocol specification, and creating comprehensive documentation and real world examples of the Tokenized platform in use. Prior to Tokenized, Brendan was co-founder of Battery Corp., Business Development Manager for Octillion Power Systems, and Senior Engineer for Yokogawa.

faia-announces-brendan-lee-as-head-of-technology-for-new-bitcoin-integration-services
Brendan Lee (third from the right) with his previous, prize-winning Tokenized team

“We are very proud and excited to have Brendan join our team,” said George Samuels, Director of Faiabrand Pte Ltd. “He is a highly qualified expert who brings a wealth of relevant business, technical, and leadership experience. Mr. Lee has already significantly contributed to our efforts as we continue on our path to make Faiā the leading consultancy focused on bridging gaps between people and technology worldwide, especially when it comes to blockchains such as Bitcoin. To have someone like Brendan join our team is truly a blessing, so we don’t aim to take it for granted.”

Mr. Lee had this to say about joining Faiā:

“Since beginning my Bitcoin journey in mid 2017, I have strived constantly to challenge myself, and to build myself into a core member of the central Bitcoin community. Launching coinstorage.guru, building record-sized blocks with the “Satoshi Shotgun,” and working on the award-winning and groundbreaking Tokenized protocol have been major highlights of this process.”

By joining Faiā, I take the next step, cementing this aggregate knowledge into a foundation that I can use to help others build the next layer of Bitcoin. With a protocol that is set in stone, we have an opportunity to stand tall, adding weight, breadth and depth to our projects, while being able to trust that the foundation is rock solid. Moving into technical consultation is a natural fit for me and partnering with Faiā felt right from the first moment I spoke to George. I can’t wait to help everyone building on the original Bitcoin protocol to realize the full potential of their projects. Let’s set the world on Faiā!”

Mr. Lee is a graduate of the University of Queensland, with a Bachelor of Engineering, Computer Systems.

With Mr. Lee’s new appointment, Faiā is opening its doors to enterprises seeking to integrate scaleable blockchain infrastructure via Bitcoin (BSV).

About Faiabrand Pte Ltd

Faiabrand Ptd Ltd. is a management consultancy, specializing in a unique blend of Community-Centred Design (CCD) and Bitcoin integration services. Faiā was created by industry specialists, passionate about the interplay between people (communities), processes, and technology, especially when it comes to emerging technologies such as blockchain (Bitcoin).

Faiā services are focused on building professional communities, improving business productivity, and assisting companies with emerging technologies such as blockchain (Bitcoin). A trusted partner for innovative startups and progressive multinationals with personnel from Singapore, India and Australia. In the chaotic world we currently find ourselves in, our reputation is based on our loyalty to clients, quality of services, and personal integrity.

For more information, visit faiabrand.org.

Contact:
Faiabrand Pte Ltd.
[email protected]

BCH Professional Stress Test scheduled for November 17

BCH Professional Stress Test scheduled for November 17

After the success of the first Bitcoin BCH stress test on the first of September, the group behind that test have decided to ramp up their efforts to showcase the robustness and reliability of the of the BCH Network.

The group plans a more extensive, more professional stress test on November 17, two days after the scheduled protocol upgrade.

Rather than I tell you about the upcoming stress test, Brenden Lee of https://stresstestbitcoin.cash has put some words on the page to give some insight into their group, their processes and what everyone can expect come November 17.

The Professional Stress Test

“Our team came together to bring the first stress test to life, and while the test itself was something of a success, the 2.2 million transactions were a far cry from the target we had set for ourselves of 5 million transactions.

The reasons were wide-ranging and included a lack of automated systems for re-starting tests that failed, issues with the way some nodes were managing transaction buffers, and a lack of people to run the testing and manage the system.

After the test, a small group of us came together to look at forming a professional testing group, and the idea of the professional stress test was born.

Dale Dickins is an early Bitcoin activist and the maker of a documentary called “The Bitcoin Doco.” She works tirelessly to build networks of people who use Bitcoin, creating small social worlds to achieve great things. She has recently been part of the group who brought the Bitcoin Cash Jeepney to the streets of Manila and is working on forming long-term business relationships in Bitcoin.

Esthon Medeiros is the wizard behind the curtain, building and managing the test machinery, currently being referred to as the ‘Satoshi Shotgun,’ which has significantly evolved since the first test. We now can create many geographically dispersed nodes using multiple Bitcoin clients (we currently support Bitcoin Unlimited, Bitcoin SV and Bitcoin ABC) and can easily regather funds and send large numbers of transactions for a sustained period. The machine’s power will be on display during the upcoming pre-test which we hope will achieve at least one 32MB block.

Brendan Lee is the author of BUIP086 which extends the functionality of Bitcoin QR codes and developed and now sells the patented Safewords system through his company Coin storage Guru, while more recently has been fortunate enough to be part of the team at Tokenized, recently awarded the Coingeek Token prize. His role has been planning the strategy for ensuring money and resources are available on the day as well as acting as a technical interface for customers.

John Goldberg is the creator of the innovative Pixel Wallet (an Android BCH wallet that uses pictures to send cash) and was a significant contributor to the original stress test and one of the core members of the BCH Jeepney team, who were the first to implement Handcash’s POP Retail system in a real-world application.

We also have Spark who created some fantastic data visualizations for the first stress test and is working on ways to capture the essence of what happens during this stress test.

And finally, Yobits who was the originator of the Stress Test idea and as webpage master has done a great job putting together a beautiful website.

As for the stress test itself, we want it known that we are not here to break things. We, as a team, are aligned with Satoshi Vision, however, have decided to run the test in such a way that a network supporting current rules, or the ABC ruleset would face minimal disruption.

The test will challenge mempools, and users may have to pay slightly higher fees than usual (test transactions will carry a fee of just 1sat/byte, so transactions with two satoshis/byte should usually be mined in the next block regardless of the state of the mempool) for reliable transaction confirmations. However, we believe that if a network wants to call itself Bitcoin, it must be able to show the world that it is anti-fragile, and this includes withstanding attacks that I would consider relatively cheap (we will spend about 70BCH over the course of the day) for a well-funded state based actor to execute.

We are very strong proponents of scaling Bitcoin and believe that a successful demonstration of a public network processing over a million transactions per hour will send a huge signal to businesses and the broader public that Bitcoin Cash is serious about adoption, and serious about becoming a global cash network. We hope that we can generate enough hype through this test that companies looking at implementing cryptocurrency-based payments will put Bitcoin Cash first, as it forges a path towards being the best money possible.

Following the stress test, the team is working on a business plan to create value-added services around generating large volumes of transactions on the blockchain for things such as advertising, corporate testing, stress testing and more. The team is very much looking forward to announcing these efforts soon. – Brendan Lee