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Teranode

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Teranode and Unbounded Scaling

Enabling Unbounded Scaling for a truly global blockchain

Unbounded Scalability on the BSV Blockchain

In today’s world, available resources dictate the bounds to the amount of transaction activity that blockchain can support. Teranode has no built-in limits. Operators are free to add resources and expand these bounds by magnitudes.

Key Innovation

Teranode parallelises network nodes and microservices, enabling limitless scalability, guided by three foundational principles:

Teranode is a distributed network of many core nodes

Specialisation and isolation of components and their roles

Microtransactions combine information and value

Evolution to Unbounded Scale

Supporting a global network with distributed mining nodes, processing millions of microtransactions, and expanding known limits.

The global Teranode network supports specialized networks.

Enables millions of processed per second.

Scalable with no built-in transaction limits.

Solving Vertical Scaling Challenges

Teranode serves high-volume transaction nodes for enterprise and government use. These clients, whether contracting with nodes or running their own, drive the Teranode initiative.

Credit Cards

Average: 5000 Tps

Theoretical peak: 80,000 Tps

Bank of England [Digital Pound]

Minimum: 30,000 Tps

Could require 100,000 Tps

Teranode Unbounded

Minimum: 1,000,000 Tps

Could produce 5,000,000 Tps

Specialization of Nodes and Functions

The BSV Blockchain, with Teranode at its core, will be the backbone infrastructure for a global system of multiple specialised overlay networks. We anticipate specialised nodes to complement the core services provided by miners running Teranode.

Dedicated overlay networks operated by enterprise infrastructure providers will communicate with the network core. End-user applications will leverage SPV (Simplified Payment Verification) to interact within the Overlay Network.

News

Why blockchain adoption is a human problem – not a technological one

While blockchain has often been mischaracterised as a ‘solution looking for a problem’, the advent of Teranode and its incredible scaling capabilities highlight that this is not the case, says Siggi Oskarsson (Teranode Director at BSV Blockchain).

How Teranode delivers blockchain scaling for enterprise use

Teranode solves vertical scaling challenges on the BSV blockchain by serving high-volume transaction nodes for enterprise and government use.

Mandala upgrade to unlock the BSV blockchain

BSV Blockchain officially unveiled its new Mandala Upgrade at the BSV DevCon London at the end of May 2024.

By the time you have read this Teranode has processed over 15 million transactions

The 2024 London DevCon closed with a presentation by Siggi Oskarsson (Teranode Director at BSV Blockchain) where he discussed the unrivalled scalability that is offered by Teranode. He kicked off his presentation with a simple statement.

Mandala upgrade FAQs

Discover the transformative Mandala Upgrade, revolutionising the BSV network with a Small World Network core and Overlay Networks. Learn how to join, leverage SPV Wallets, Teranode’s role, ARC’s intermediary function, and the Extended Format’s impact on transaction efficiency and privacy. Explore the future of blockchain connectivity, scalability, and operational efficiency.

ELI 5: BSV Blockchain Mandala network

Explore the transformative Mandala architecture on the BSV network, symbolising unity and complexity like its namesake. Discover how this design evolves blockchain with enhanced connectivity, scalability, and operational efficiency. Learn about its core, the “Ultra Small World Network,” and Overlay Networks, strategically boosting transaction processing and specialisation.

Overlay Networks

The BSV blockchain, with Teranode at its core, will be the backbone infrastructure for a global system of multiple specialised overlay networks. We anticipate specialised nodes to complement the core services provided by miners running Teranode. Dedicated overlay networks operated by enterprise infrastructure providers will communicate with the network core. End-user applications will leverage SPV (Simplified Payment Verification) to interact within the Overlay Network.

Specialization of nodes and functions

Teranode represents a breakthrough in the BSV Blockchain ecosystem, introducing the concept of unbounded-specialization of nodes and functions. It enables specialized nodes, even at overlay levels like "bank nodes," while ensuring edge-to-edge connectivity with SPV wallets. Teranode is pivotal in BSV's evolution, empowering innovative blockchain applications.

How Teranode Enables Unbounded Scaling | Jake Jones | LBC23

Unbounded vs. infinite: What’s the difference and how does Teranode make unbounded scaling possible? BSV Blockchain Association’s Head of Infrastructure, Jake Jones, cleared that up from the get-go during his presentation at the London Blockchain Conference 2023.

One Blockchain, Countless Uses

Unlock deeper insights into Teranode's capabilities. Click to download the comprehensive presentation file and explore the future of blockchain.

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The Key Members Behind the Project

Meet the key members behind the BSV Blockchain's Teranode project. Their expertise and dedication drive the innovation and scalability of the BSV blockchain platform. Discover the individuals making a significant impact in the blockchain space.

Jake Jones

Head of Blockchain Infrastructure

Siggi Oskarsson

Lead Standardisation / Project Owner Teranode

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Teranode

Teranode and Unbounded Scaling

Unbounded Scalability on the BSV Blockchain