Australian computer scientist Craig Wright, who claims to be the creator of Bitcoin, has announced the development of a scaling solution for the cryptocurrency called TerraNode. Wright envisions a future where Bitcoin is used as a practical tool for international transactions, rather than just a means of generating wealth. TerraNode is designed to scale indefinitely, removing limitations on transaction capacity and making Bitcoin more accessible and affordable for users worldwide. Wright aims to create a system that allows people in underserved regions to participate in the global economy without needing approval from any government or institution. Additionally, Wright is currently involved in a lawsuit concerning Bitcoin.
- Content Editor ( beincrypto.com )
- 2024-11-03
Craig Wright Outlines Ambitious Scaling Plan for Bitcoin as a Global Payment System