Success from technological breakthroughs is, more often than not, attributed to intellect, financially-informed decision-making, and a group of competent individuals. Of course, this is true, but enterprise blockchain research and development firm nChain CEO Christen Ager-Hanssen and other prominent blockchain proponents believe it is more nuanced than that.
What really determines success are the united interests, experiences, passion, and hard work of the people working in the industry. And according to Ager-Hanssen and his esteemed guests during the latest installment of his “DNA of BSV” Twitter Space session, these are exactly what make BSV what it is today.
Ager-Hanssen’s “DNA of BSV” Twitter space sheds light on the many developments of BSV blockchain alongside industry professionals and relevant individuals. His upbeat and optimistic approach toward business and success has gained traction, thus earning him plenty of followers in a short time.
BSV is the Bitcoin implementation that has restored the original Bitcoin protocol and unlocked unbounded scaling, which means being able to continually upgrade its data blocks and transaction throughput to meet market demands while lowering fees to tiny fractions of a penny.
Averaging $0.00015 per transaction at 4GB data blocks and over 20,000 transactions per second, BSV makes possible microtransactions or the sending of very small amounts of money. It is a technology enabler that is fast, scalable, disruptive, environmental-efficient, and regulation-friendly. Nonetheless, Agar-Hanssen says that it is the hard work, “hustle and grind,” of the BSV community that makes all of these possible.
Furthermore, Agar-Hanssen emphasizes that the BSV community is fully driven by their passions and goals, which ultimately decide the gravity of their actions. It is about wanting to make an impact, finding out how to do so, “taking the best of what we have,” and applying these to everything that they do and build.
One of the panelists, E. Smitty, a record producer, and mixologist, sheds some light on the hard work and passion of musicians. He believes that blockchain can empower these musicians’ blood, sweat, and tears through platforms built on a scalable blockchain.
In the Twitter space session, he elaborates to his co-guests his plans to change the entertainment industry by “bringing BSV to the front.” The mixologist states that he was attracted to the “positive energy in BSV” and found its sometimes-controversial image in the wider blockchain industry as part of the appeal.
Recently, E. Smitty filed patents for creating standards and digitally tokenizing aspects of the music ecosystem. E. Smitty condemns the corrupt business side of the music industry and how it has negatively affected artists. He plans to transform the music industry by giving musicians multiple avenues to tokenize and distribute their music and art, at the same time helping them retain ownership of their original work.
The BSV blockchain, according to E. Smitty, is a “sleeping giant” that is empowered by its community’s passion, hard work, and ideals. Its disruptive capabilities pave the way to empowerment among different industries, especially for the music and entertainment industry.
