In the second quarter of 2021, the Bitcoin SV Technical Standards Committee (TSC) has focused on raising awareness of what it offers to businesses operating on the BSV blockchain and building participation in the standardisation programme.

To that effect, the TSC has ramped up its marketing activities even further with the launch of a quarterly newsletter. It also hosted an introductory webinar and secured its first presence on stage at the CoinGeekConference in Zurich. Those efforts led to three new proposals being submitted to the TSC in Q2 2021. We have also welcomed our fourth working group. The Merkle proof standardised format became the first standard to reach the published stage, a huge milestone for the technical standards programme.

In Q3, the TSC will continue to encourage participation in its technical standards programme. The publication of the TSC standards roadmap will be a key achievement of the next quarter to further the committee’s mission to build interoperability and facilitate industry participation in the development of global standards.