UptimeSV founder talks building on the BSV blockchain

When the inaugural Bitcoin Association Virtual Hackathon was announced, several developers got to work, creating some of the most innovative blockchain-powered projects seen to date. UptimeSV emerged victorious and during the recent CoinGeek Seoul conference, project leader Dean Little shed some light on what the team has been up to since then.

UptimeSV is a crowdsourced network intelligence platform that gives its users robust and DDoS-hardened enterprise systems. Uptime monitoring is crucial in the modern era where most business is done over the internet. Still, monitoring when and where your website is online remains a great challenge for many companies. This is the challenge that UptimeSV sets out to solve, relying on the microtransaction capability of the Bitcoin SV network to make small payments for its users.

uptimesv-founder-talks-building-on-the-bsv-blockchain

Little, who is the co-founder and lead developer of UptimeSV revealed that for him and his team, winning the Hackathon let them know that their product was something people were interested in. Thus, immediately after being declared the winners, the team set out to work in June this year and launched the beta signup a month later. In a month’s time, the platform had over 500 signups.

In their quest to build one of the most innovative applications on the blockchain, the team encountered three key challenges. One of these was spam, and while spamming in Bitcoin only means that the spammer contributes to the betterment of the ecosystem by paying the miners, there are certain types of spam that can be quite annoying. These include OP_RETURN spam and P2P broadcast network spam.

To solve this, the team built Unplanaria which allows you to create a transaction, send it to a business which can then take the data needed from the transaction without necessarily having to scan the entire blockchain.

Unplanaria, which Little described as BIP270 for apps, drastically reduces OP_RETURN spam, protects merkle proofs, allows for a much smaller network footprint and is horizontally scalable.

The team also devised a solution to the challenge of address resolution. The Bitcoin ecosystem has quite a number of address types, from P2PKH addresses to P2SH, Paymail and more. To solve this, the team built Polynym which supports HandCash, RelayX and Paymail handles. Polynym is an interim solution for BSV addressing, with Little stating that he believes in the future, this issue will be handled through a more standardized approach.

uptimesv-founder-talks-building-on-the-bsv-blockchain

The third challenge was UTXO management, he noted. To solve this, the team developed Datapush which enables for the publishing of huge amounts of data to the blockchain really quickly.

“So, we have a single unique top up address which you send your Bitcoin to. It tops up a bunch of XPRIV threads and then it generates a bunch of UTXOs and addresses. What it can do is chain them, it can publish them to an actual payment channel for a miner, and the miner can help you broadcast those transactions.”

Datapush seeks to reduce the number of HTTP requests and handle the UTXO management locally, giving you a really efficient transaction creation and allowing you to write a lot of data on the blockchain quickly.

uptimesv-founder-talks-building-on-the-bsv-blockchain

The UptimeSV team hasn’t abandoned its core mission; that of making the platform better and scaling it for global use. It rebuilt the entire mobile app since winning the inaugural Hackathon.

“The way we’d done some things worked really well in a really small scale but when you want to have thousands of users querying websites, you want to make sure that it doesn’t accidentally turn into a DDoS attack,” Little explained.

The app has also been enhanced with other new features including support for English, Chinese and Japanese, with plans to add Korean soon. The app will also integrate more currencies, enabling you to view how much you’ve earned.

Little also revealed that the team was aiming for an October 30 private beta release. To register for the beta release, head on to UptimeSV.com.

UptimeSV founder talks building on the BSV blockchain

When the inaugural Bitcoin Association Virtual Hackathon was announced, several developers got to work, creating some of the most innovative blockchain-powered projects seen to date. UptimeSV emerged victorious and during the recent CoinGeek Seoul conference, project leader Dean Little shed some light on what the team has been up to since then.

UptimeSV is a crowdsourced network intelligence platform that gives its users robust and DDoS-hardened enterprise systems. Uptime monitoring is crucial in the modern era where most business is done over the internet. Still, monitoring when and where your website is online remains a great challenge for many companies. This is the challenge that UptimeSV sets out to solve, relying on the microtransaction capability of the Bitcoin SV network to make small payments for its users.

uptimesv-founder-talks-building-on-the-bsv-blockchain

Little, who is the co-founder and lead developer of UptimeSV revealed that for him and his team, winning the Hackathon let them know that their product was something people were interested in. Thus, immediately after being declared the winners, the team set out to work in June this year and launched the beta signup a month later. In a month’s time, the platform had over 500 signups.

In their quest to build one of the most innovative applications on the blockchain, the team encountered three key challenges. One of these was spam, and while spamming in Bitcoin only means that the spammer contributes to the betterment of the ecosystem by paying the miners, there are certain types of spam that can be quite annoying. These include OP_RETURN spam and P2P broadcast network spam.

To solve this, the team built Unplanaria which allows you to create a transaction, send it to a business which can then take the data needed from the transaction without necessarily having to scan the entire blockchain.

Unplanaria, which Little described as BIP270 for apps, drastically reduces OP_RETURN spam, protects merkle proofs, allows for a much smaller network footprint and is horizontally scalable.

The team also devised a solution to the challenge of address resolution. The Bitcoin ecosystem has quite a number of address types, from P2PKH addresses to P2SH, Paymail and more. To solve this, the team built Polynym which supports HandCash, RelayX and Paymail handles. Polynym is an interim solution for BSV addressing, with Little stating that he believes in the future, this issue will be handled through a more standardized approach.

uptimesv-founder-talks-building-on-the-bsv-blockchain

The third challenge was UTXO management, he noted. To solve this, the team developed Datapush which enables for the publishing of huge amounts of data to the blockchain really quickly.

“So, we have a single unique top up address which you send your Bitcoin to. It tops up a bunch of XPRIV threads and then it generates a bunch of UTXOs and addresses. What it can do is chain them, it can publish them to an actual payment channel for a miner, and the miner can help you broadcast those transactions.”

Datapush seeks to reduce the number of HTTP requests and handle the UTXO management locally, giving you a really efficient transaction creation and allowing you to write a lot of data on the blockchain quickly.

uptimesv-founder-talks-building-on-the-bsv-blockchain

The UptimeSV team hasn’t abandoned its core mission; that of making the platform better and scaling it for global use. It rebuilt the entire mobile app since winning the inaugural Hackathon.

“The way we’d done some things worked really well in a really small scale but when you want to have thousands of users querying websites, you want to make sure that it doesn’t accidentally turn into a DDoS attack,” Little explained.

The app has also been enhanced with other new features including support for English, Chinese and Japanese, with plans to add Korean soon. The app will also integrate more currencies, enabling you to view how much you’ve earned.

Little also revealed that the team was aiming for an October 30 private beta release. To register for the beta release, head on to UptimeSV.com.

CoinGeek Seoul Conference Day 1 highlights

The CoinGeek Seoul conference kicked off Tuesday with plenty of energy—the energy in the Bitcoin SV (BSV) ecosystem. Founding President of the Bitcoin Association Jimmy Nguyen opened the event with a inspiring speech, “Bitcoin SV: It’s time to build,” and conference attendees were treated with not just a summary of what has been happening with BSV, but also an inspiring call to action to start the day.

CoinGeek Seoul Conference Day 1 highlights

Day 1 is all about the updates on the technical developments happening within the BSV space, starting with the much anticipated Genesis upgrade from nChain CTO Steve Shadders.

“Our goal is to bring the protocol back as close as possible to the original protocol as it designed by Satoshi, implemented by Satoshi ten years ago. Once it’s done, a whole lot of things that are not possible now will become possible again,” Shadders told CoinGeek.

Ryan X. Charles, meanwhile, is starting the movement on taking back our own data with four new upgrades to Paymail, an identity protocol for BSV.

“Right now we live in a world where Google and Facebook basically own your data on the internet, then they allow advertisers to sell targeted ads to you based on the data that they have about you. And so what we’ve done is to create new protocols on top of Bitcoin that we’ve implemented inside of Money Button. We can make it possible for you to, say, earn money for looking at ads rather than Facebook earning money for looking at ads,” Charles explained.

CoinGeek Seoul Conference Day 1 highlights

UptimeSV also provided some updates on what it has been up to since winning Bitcoin Association’s first BSV hackathon in May. UptimeSV’s Dean Little explained:

We released three things, one of them is already released—Polynym, which is basically a very easy way for you to write addresses to the desired receiver. The second thing is Unplanaria, which is kind of like a play on how Planaria handles things, but instead of going like wallet-miner-node, it goes wallet-node-miner, so it’s implementing BIP270 or peer-to-peer transactions but for apps and services. It’s a very efficient way of getting your data from your users and publishing it to the blockchain and it cost a lot less than some other methods.

Closing the day is the announcement of the second BSV Virtual Hackathon winner. Codugh, led by Shashank Singhal and Andrew Snow, won the US$20, 000 (paid in BSV) top prize, while Hive took second place and US$10,000 in BSV. BitQ&A came in third place with US$5,000 in BSV.

 

“I don’t think it’s quite hit us yet, certainly a bit of disbelief. It was only a few hours ago that we were pitching on stage so I think give it a few hours it will actually settle and we’ll realize what just happened,” Snow told CoinGeek.

For some attendees, the CoinGeek Seoul conference provided them with some great insights on the BSV ecosystem. University student Eun Gyu Jin wants to learn more about the technology, and his friend, Joo Mong Ko shared with CoinGeek the excitement they felt after hearing all the developments happening with BSV. Who’s their favorite speaker, we ask. The unanimous vote was, of course, Dr. Craig Wright.

CoinGeek Seoul Conference Day 1 highlights

“It’s interesting,” Joo told CoinGeek, adding that they’re looking forward to the second day of the conference.

Tune in to our coverage of the CoinGeek Seoul Conference Day 2 here at CoinGeek.com.

CoinGeek Seoul Conference Day 1 highlights

Download the CoinGeek Conferences app and stay updated on the latest updates. The app not only contains a detailed schedule for the two-day conference, it also features an in-app messenger that allows users to communicate with the BSV society during the event.

CoinGeek Seoul Conference Day 1 highlights

Watch CoinGeek Seoul Conference Day 2 livestream here.

UptimeSV announces October 30 private beta, new tools at CoinGeek Seoul

UptimeSV, the winners of the first Bitcoin Association hackathon, have been hard at work to make their project a real business. Dean Little, Lead Developer of the company, took the stage at CoinGeek Seoul to discuss some of the technology they’ve had to develop to realize their goal, and announce a release date for an upcoming private beta.

He began his presentation by reiterating why the team chose to build on Bitcoin SV (BSV), and the answer was very much in line with Bitcoin Association Founding President Jimmy Nguyen’s call to action: he wanted something he could build on. BSV fit that role because it’s as stable protocol that can scale, along with several other reasons.

UptimeSV announces October 30 private beta, new tools at CoinGeek Seoul

Then to remind the crowd what UptimeSV is all about, he gave a summary of the app’s goals. It aspires to help businesses by providing distributed performance and uptime monitoring for dedicated denial of service (DDoS) enterprise systems. Ultimately, it hopes to stop attacks from bad actors thwart attacks, and pay other users in BSV to help in that role as nodes for an UptimeSV network.

 

To build that technology, UptimeSV has had a few hurdles, and had to handle a few of them by innovating in new ways. The first hurdles was the multiple address formats of BSV; a problem solved by Polynym, which helps convert them all to the same format.

UptimeSV announces October 30 private beta, new tools at CoinGeek Seoul

He also discussed spam, but discarded it as a problem from “useful idiots.” Spammers think they are causing problems, but in reality, they are paying miners to make the network better. But other types of spam, particularly using OP_Return, can still be problematic.

But to help network traffic more smoothly, Little revealed Unplanaria. Advertised as a BIP270 for apps, it allows wallets to create transactions to be sent directly to a business, which the business can then take data from directly without needing to scan the blockchain. It’s very much like peer to peer cash, but for data. As Little explains with a Twetch scenario:

So someone’s posted a Twetch without paying, we put it on our site, someone likes it, that data has been valued, we can put the two and two together, boom! We can publish that to the blockchain to pay for that Twetch being published. So the user wouldn’t even have to have Bitcoin to get into Bitcoin, right?

He also noted that UTXO Management, with potentially millions of transactions to post to a blockchain at once in rapid succession, causes a couple of problems with the existing technology. “The problem with a lot of the stuff that we’re doing now is we’re using things like BitIndex, wonderful services like this, but we’re having to send like an HTTP request each time.”

To solve that problem, Little and his team have created Datapush, a new tool to publish huge amounts to the blockchain really quickly. Using a single unique top up address where BSV is sent to, generates UTXOS and chains them. This will allow more efficient transaction creation, and “write a lot of data really quick.”

Both Datapush and Unplanaria will be published shortly, Little promises, so watch their Github space for more updates.

To end the presentation, Little showed off the design of UptimeSV and some of its features, including multi-lingual support. The big question that Little had to answer was when this app will be available. “We’re aiming for a October 30 private beta release, so end of this month. If you would like to be a part of the other 500 people who have signed up, please go to UptimeSV.com and register your interest there.”

Hackathon winners feted at the CoinGeek Toronto 2019 conference

The first-ever Bitcoin Association Bitcoin SV (BSV) hackathon was initially announced in the middle of March, prepared to reward 400 BSV to the top three finalists. The project was designed to “inspire the next generation” of developers, with a completely virtual competition taking place May 4-5. The contest was tied into the recent CoinGeek Toronto 2019 conference, which took place at the end of May, where the three winners were announced and the results show how diverse and creative BSV developers are, and how interested they are in bringing real-world use cases to the platform.

There were some incredible projects presented for the hackathon, but not everyone can win. At the end of the CoinGeek Toronto’s main conference day, the top projects were announced, with Polyglot taking third place and 50 BSV, TonicPow taking second and 100 BSV, and UptimeSV being awarded top honors and 250 BSV. At the time of the conference, the prize pool would have been worth around $82,400, but BSV’s continued climb in price would now yield about $85,200. The competition is already proving to provide additional rewards on top of the prize money.

Thirty six projects involving over 200 developers were submitted for the contest. Polyglot is a system designed to be an intuitive method for different Metanet protocols to interact through Python and allows for a simpler method for developers to get involved with BSV. TonicPow allows users to monetize their sites using the platform’s peer-to-peer advertising solution, while earning BSV directly from advertisers. It has the added benefit of being simple, requiring the installation of just a single line of code in a website in order to function.

UptimeSV was developed to help protect the Internet. It provides distributed performance and uptime monitoring for dedicated denial of service (DDoS) enterprise systems to thwart attacks and is powered by BSV. Anyone is able to earn BSV by installing the app and participating in uptime tests for clients. Given the ease with which DDoS attacks can be promulgated, and the number of sites that have fallen victim to the attacks over the years, UptimeSV has the potential to ensure better security and uptime than other solutions.

首届比特币SV开发者黑客马拉松获胜名单公布

首届比特币SV开发者黑客马拉松获胜名单公布

英文版在这里

加拿大,多伦多:比特币业务的全球领导性组织比特币协会,宣布了首届比特币SV(BSV)黑客马拉松的获胜者名单。上周在多伦多举办的CoinGeek会议期间进行了黑客马拉松决赛。决赛是在最后三强之间展开,最终,评审专家小组以及近400名观众通过现场投票选出了如下的获胜项目:

第一名,奖金250BSV——UptimeSV

第二名,奖金100BSV——TonicPow

第三名,奖金 50BSV——PolyGlot

[鉴于近期BSV价格大幅上涨,截至6月4日,该奖池价值高达9万美元]。

UptimeSV:为稳健的、DDoS强化的企业系统提供分布式性能和运行时间监控,而该等系统当然是由比特币SV提供支持,得益于此,任何人均可通过安装应用程序并获得报酬参与平台客户端的正常运行时间测试,从而赚取BSV。UptimeSV是由一个名为Demonstrandium的澳大利亚团队开发,该队的队长为Dean Little,成员包括Brent Bevear和Jye Turner。

TonicPow:一个点对点的广告平台。其允许用户通过他们的网站获利,并直接从广告商那里赚取比特币SV,与此同时,广告商亦可轻松地进行产品推广,或通过众筹“Tonics”的方式筹集资金。TonicPow是由一个加拿大团队开发,该队队长为Attila Aros,成员包括Luke Rohenaz和Austin Rappaport。

Polyglot:旨在设计成为比特币SV最直观的方式,通过python与无数Metanet协议进行交互,从而为新开发人员进入比特币SV扫清障碍,堪称天作之合。Polyglot是由新西兰开发人员Hayden Joshua Donnelly(其使用的用户名为“AustEcon”)开发。

这些项目展示了可在BSV区块链上构建各类广泛的企业应用程序。决赛入围者是在5月初举行的虚拟比赛后,从全球216名参赛者(以组队或个人方式参加比赛)中选出的。竞赛的挑战主题是为BSV的引导问题开发解决方案,并且解决方案不仅仅是针对新用户的引导问题,还扩展至将新开发者引导入BSV的挑战。

从自然角度来讲,世界一直处于日新月异的变化中,同时,“开发者”这个称谓代表这种势头永不停息;因此,我们诚邀更多的开发者参加将于10月第一周举办的CoinGeek首尔会议,与我们共同探寻更多的解决方案,为BSV区块链创造更多商业友好型的新增产品。此区块链是如今唯一功能齐全并具扩容性的区块链。

关于比特币协会:比特币协会是比特币业务的全球领先性组织。其汇集了比特币生态系统中的商家、交易所、应用程序开发者、企业、矿工以及其他参与者,共同推进比特币业务的发展。比特币协会支持比特币SV(BSV)作为原始比特币,以稳定的协议和扩容路线图成为世界新型货币以及全球企业公链。

首届比特币SV开发者黑客马拉松获胜名单公布

Winners announced of 1st Bitcoin SV Developers Hackathon

Link for Chinese version.

Toronto, Canada – Bitcoin Association, the leading global organization for Bitcoin business, announced the winners of the first ever Bitcoin SV (BSV) Hackathon. The final phase of competition, involving the top 3 finalists, was held last week in Toronto at the CoinGeek Conference. The expert panel of judges, along with a live vote from almost 400 audience members determined winning projects as follows:

1st place with a prize of 250 BSV – UptimeSV
2nd place with a prize of 100 BSV – TonicPow
3rd Place with a prize of 50 BSV- PolyGlot

[Given the significant recent increase in BSV price, as of June 4, the prize pool is now worth $90,000].

UptimeSV: Provides distributed performance and uptime monitoring for robust, DDoS-hardened enterprise systems that is, of course, powered by Bitcoin SV and enables anyone to earn BSV by installing an app and getting paid to participate in uptime tests for clients of the platform. UptimeSV was developed by an Australia-based team who go by the name of Demonstrandium led by Dean Little (captain) with Brent Bevear, and Jye Turner.

TonicPow: A peer to peer advertising platform enabling users to monetize their site and earn Bitcoin SV directly from advertisers who can also promote their product with ease or raise money with crowd funding “Tonics.” TonicPow was developed by a Canada-based team of Attila Aros (captain), Luke Rohenaz, and Austin Rappaport. 

Polyglot: is designed to be Bitcoin SV’s most intuitive way to interact with a myriad of metanet protocols through python, thus smoothing to entry path for new developers to Bitcoin SV - it’s a match made in heaven. Polyglot was developed by a New Zealand-based developer is Hayden Joshua Donnelly, operating under username “AustEcon.”

These projects demonstrate the diverse array of enterprise applications that can be built on the BSV blockchain. The finalists were selected after a virtual competition held in early May, with 216 participants globally (competing as teams or individually). Their challenge was to develop a solution for BSV on-boarding issues, extending beyond on-boarding new users to the challenge of also on-boarding new developers to BSV.

But, naturally, the world keeps turning and the very word ‘developer’ means the momentum must never stop; so we would like to invite even more of you to CoinGeek Seoul, in the first week of October to find more solutions and create yet more business-friendly additions to the BSV blockchain. The only blockchain that can do it all and scales, now.

ABOUT BITCOIN ASSOCIATION: Bitcoin Association is the leading global organization for Bitcoin business. It brings together merchants, exchanges, application developers, enterprises, miners and others in the Bitcoin ecosystem to advance the business of Bitcoin. Bitcoin Association supports Bitcoin SV (BSV) as the original Bitcoin, with a stable protocol and scaling roadmap to become the world’s new money and global public blockchain for enterprise.

The Bitcoin Vision: Episode 14

The Bitcoin Vision: Episode 14

Founding President of the Bitcoin Association Jimmy Nguyen is back this week for another update on technical developments in the Bitcoin SV ecosystem. Bitcoin SV is rebirth of the original Bitcoin, finally unlocking the true power of Bitcoin’s original design, protocol, and Satoshi Vision.

As always, there’s been more rapid growth in the ecosystem. This week is still all about growth as Nguyen looks at existing companies applications that are expanding their business or services on BSV, including UNISOT, WeatherSV, and RelayX and Relay One.

Norwegian company UNISOT recently secured some investors in its seed round, including tech entrepreneur and founder of Ayre Media, Calvin Ayre. UNISOT is building a supply chain management solution on the Bitcoin SV blockchain. This solution leverages Bitcoin blockchain’s ability to act as the Universal Source of Truth, and BSV’s massive scaling capacity to support enterprise-level activity.

UNISOT plans to use digital tokens and a smart contract system with a BSV-based token as they deliver improved Enterprise Resource Planning (ERP) systems, with the addition of security and use of tokenization that BSV blockchain technology offers. Read more about UNISOT and its recent funding round here.

Meanwhile, the team behind Weather SV has also made a couple of announcements. First, in celebration of the almost 250 active weather channels, WeatherSV has committed to one year’s worth of channel funding, based on current fees, with each new activation.

Second, WeatherSV has also enabled a JSON API endpoint that is accessible from the blockchain. With this feature, users can now access the weather channel data from on-chain resources. Check it out here.

Jack Liu also relayed more good news for the Bitcoin SV ecosystem. The RelayX “Super Wallet” founder has announced Relay One, a simple button that allows online e-commerce, platforms and independent sites to accept payments from any local payment form that has been integrated in the Relay blockchain settlement network.

Jack explained in a Medium post how “The One button can easily be plugged into any website and appears just like any other payment method.” At launch, Relay will support payment forms including Bitcoin SV as well as WeChat Pay, and Alipay. Stay tuned because Relay will be opening private testing soon for interested merchants.

This week’s Satoshi shout-out goes out to the three finalists of the first ever Bitcoin SV Hackathon. Over 200 developers from 19 countries joined Bitcoin Association’s first ever virtual hackathon on BSV, and because the quality of the entries was so high, the judges named 14, rather than the originally expected 10, semi-finalists. From there, the entries were narrowed to the top 3: TonicPow, UptimeSV, and Polyglot.

Polyglot is designed to be Bitcoin SV’s most intuitive way to interact with a myriad of Metanet protocols through Python, while TonicPow enables peer to peer advertisements, allowing users to monetize their sites and earn BSV directly from advertisers, and UptimeSV is a distributed performance & uptime monitoring for robust, DDoS-hardened enterprise systems.

Watch The Bitcoin Vision: Episode 14.

While you’re at it, also check out the previous episodes of The Bitcoin Vision here.