What’s next for Teranode
2024 has been an exciting year for the BSV Blockchain team, with a key highlight being the first official tests of Teranode. Here’s what you
Teranode
Teranode
Engineered for Scalability, Primed for Growth: Unleash Innovation with Uncompromised Data Integrity, Powered by BSV's Teranode Technology.
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.
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.
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.
News
Parallel evolution: Teranode and SV Node paving the way for blockchain’s future
Discover how the BSV blockchain is set to evolve with the introduction of Teranode, a groundbreaking node software designed to enhance scalability, efficiency, and stability.
Teranode and SV Node: Understanding BSV’s new node software
Dive SV Node’s phased handover to Teranode, and see how these systems will coexist to push the boundaries of blockchain technology.
BSV Blockchain hits 100 billion transactions per day on Teranode
BSV Blockchain is pleased to announce that it has successfully hit the milestone of 100 billion transactions per day as part of its Teranode testing.
Teranode / SV Node – Teranode Joining the Network FAQ
Discover everything you need to know about integrating Teranode with the BSV Blockchain network. This comprehensive FAQ covers key updates, how Teranode will enhance transaction
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
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