Tuesday, March 19, 2024
More

    New business use cases emerge with Dynastic update to Bitcoin SV Node software

    Latest Posts

    Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces the release of the Bitcoin SV Node software v1.0.7 (Dynastic). Today’s release, which is now available for download from bitcoinsv.io, is the finalised version of January’s v1.0.7 public beta.

    Headlining the Dynastic update to the Bitcoin SV Node software is substantially improved support for long chains of unconfirmed transactions, with the default limit for ancestor and child-pays-for-parent (CPFP) transactions extended from 25 to 1,000. As a result, enterprises using the Bitcoin SV blockchain to power applications and services will be able to accommodate far more expansive applications of on-chain scaling for linked transactions, including support for complex logic-based gaming applications like with BitBoss or high-volume nano-payment services with HandCash.

    The Dynastic release also completes the process of replacing the legacy block assembler implemented in later versions of the Bitcoin Core software with a new journaling block assembler for the Bitcoin SV network. This major change has facilitated the support for long chains of unconfirmed transactions and introduced simplified transaction selection logic, including the removal of the ability to prioritise transactions based on the associated fee – a feature no longer necessary on the Bitcoin SV network, which scales unbounded to meet demand, ensuring safe-instant transactions at predictable low fees, at all times.

    Full details on the release of the Bitcoin SV Node software v1.0.7 (Dynastic) can be found in the release notes available on bitcoinsv.io.

    Latest Posts

    Don't Miss