TonicPow talks changing the advertising industry with BSV

The Bitcoin SV Virtual Hackathon has proven to be the ultimate event where some of the brightest minds congregate and share their inventions on the Bitcoin SV (BSV) blockchain. The solutions that have been presented have been mind-blowing, showing the power that BSV’s massive scaling unlocks.

TonicPow is one of the most revolutionary projects that have graced the event, and in an interview with CoinGeek’s Becky Liggero during the CoinGeek Toronto conference, the TonicPow team explained their product and why they decided to build on the only Bitcoin project that upholds Satoshi’s vision.

TonicPow is a peer to peer advertising system that allows website owners and advertisers to place their ads directly with each other without any friction and without leaving the website. With just a couple of clicks, you can place an ad in seconds, the team explained.

The team members — Luke Rohenaz, Attila Aros and Austin Rappaport — also discussed their experience working in an intensely competitive environment during the Hackathon. Their secret? Realizing what each brought to the table and working to integrate each member’s contributions.

“It was our first time working together, but we soon realized that we each brought something valuable to the table. It was a pleasure to divide the work and figure out what we were going to do in the first 24 hours. It was also great fun to interact with the other teams and see what they were doing. […] We came together as a really good team and we’re definitely going to keep working on this because we work so well together,” the team said.

Unknown to many, the three weren’t always a team. While two of the members had worked together previously on a non-blockchain project, it was only after the first BSV Hackathon was announced that they decided to join forces and develop TonicPow.

TonicPow won second place in the inaugural BSV Virtual Hackathon, walking away with 100 BSV. But to the three team members, their project means much more. To them, building solutions on the only Bitcoin project that supports massive scaling is what’s important.

So, why Bitcoin SV and not any other blockchain project?

There’s a lot of competition for that role, but it’s simply the best tool for the job. It’s what everybody is going to be using for everything, and if you’re to put your effort and energy into anything else, you’d just be wasting your time.

Steve Shadders: Bitcoin SV proving it can scale for businesses now

Bitcoin SV’s (BSV) recent Quasar upgrade is cause for much celebration, as it not only helped return Bitcoin one step closer to its original protocol, but also introduced a whole new level of blockchain scaling to BSV. CoinGeek’s Sarah Parsons caught up with nChain Technical Director Steve Shadders at a recent London BSV meetup, where they talked about the upgrade and its importance.

The London BSV gathering was a merry one, as the Quasar upgrade went as well as you could hope for. “We’re kind of giving a bit of a post-mortem of the Quasar upgrade, I think I can safely say that it was a very boring event, which is fantastic because with enterprise software changes, that’s kind of exactly what you want,” Shadders said. “I mean, we had an operations stream set up and we had contact with all of the kind of key players in the Bitcoin SV ecosystem. But we pretty much sat there and watched the upgrade activate. We fired Satoshi Shotgun and mined a block bigger than 128MB, which was necessary to lock the upgrade in. And it all went pretty smoothly, nothing unexpected. So yeah, job done.”

Parsons asked Shadders what businesses should take away from the Quasar upgrade. “I think it’s really quite critical for businesses that are looking to invest time and money in building a service on top of Bitcoin SV, Shadders replied. “Because most services, I mean, if you’re building a business, the aim is to scale. You want your business to start at whatever size it does, and it gets bigger and bigger, and bigger, and bigger. And of course, if your business is related to Bitcoin that means it’s got to be able to scale on top of Bitcoin.”

While other crypto hobby projects have promised that their blockchains will be ready at some point in the future, Shadders explained that such a thought process just won’t cut it for the real Bitcoin. “Now, I think, our philosophy at the Bitcoin SV Node team is that it’s not good enough for us to say to people, ‘Oh, by the time your business has scaled, we’ll be ready. Trust us,’” he said. “What we’re actually doing with the Quasar upgrade is demonstrating right now, that we can handle the future scale of whatever your business is. So you’ve got the confidence, not hoping that we’ll be able to pull it off some time in the future, we’re showing that it can be done right now.”