The webinar was kick-started by Steve Shadders, Chief Technical Officer at nChain. He began by introducing the work of the committee, and the members of the committee present for the discussion, before quickly moving to provide an overview of their objectives—particularly important in light of the fast growth rate of BSV.
Next, Two Hop Ventures co-founder Alex Fauvel took the virtual floor, setting out the value of technical standards for those building technologies on top of the Bitcoin SV platform. Noting the role of industry experts in shaping the rules, Fauvel said the decentralized approach to developing standards was key to their strength and, ultimately, their effectiveness.
“We have identified two strategic objectives.