{"id":1065,"date":"2016-08-01T14:00:00","date_gmt":"2016-08-01T14:00:00","guid":{"rendered":"https:\/\/blog.holytransaction.com\/2016\/08\/universities-can-have-their-own-bitcoin-nodes-thanks-to-bsafe.html"},"modified":"2022-03-11T02:38:29","modified_gmt":"2022-03-11T00:38:29","slug":"universities-can-have-their-own-bitcoin-nodes-thanks-to-bsafe","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2016\/08\/universities-can-have-their-own-bitcoin-nodes-thanks-to-bsafe.html","title":{"rendered":"Universities can have their own Bitcoin Nodes thanks to BSafe"},"content":{"rendered":"<div style=\"clear: both; text-align: center;\"><a style=\"margin-left: 1em; margin-right: 1em;\" href=\"https:\/\/4.bp.blogspot.com\/-j2NGPCHg0h4\/V59V-SlZUjI\/AAAAAAAAAq8\/yo_KR3A98nMibFgh1ENhiY_CrR33t4p-QCLcB\/s1600\/network.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-4766\" title=\"\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2016\/08\/network.png\" alt=\"distributed network\" width=\"400\" height=\"179\" \/><\/a><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Several researchers want to encourage universities to set up bitcoin nodes to allow students and teachers to work and test the blockchain.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">This private testbed network is called <b>BSafe<\/b> and it aims at helping the Bitcoin technology proliferate and preventing hacker attacks.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><i>&#8220;Most developers in this world think that bitcoin&#8217;s fundamental cryptographic algorithm is ideal and can be used as a black box,&#8221;<\/i> explained to <a href=\"http:\/\/coindesk.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Coindesk<\/a> <b>Shin&#8217;ichiro Matsuo<\/b>, co-founder of the BSafe network.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<h3 style=\"text-align: justify;\"><b>How universities can have their own Bitcoin Nodes thanks to BSafe<\/b><\/h3>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">BSave will provide a communication channel between universities and Bitcoin Core developers on the several testnets, or the alternative blockchains used for doing tests.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Created in February, the network has five nodes deployed in Japan, UK and another set up by MIT.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Matsuo wants to have a group of 30 university nodes within the end of 2016; also he aims at setting up three university nodes per country in the next future.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><i>&#8220;Right now the community is a meritocracy and the majority of it is based on whether you can code,&#8221; <\/i>said Bitcoin Core developer<b> Cory Fields.\u00a0<\/b><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">According to Fields, several groups of nodes would be able to measure things that have been difficult to study before.<\/div>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Several researchers want to encourage universities to set up bitcoin nodes to allow students and teachers to work and test the blockchain. This private testbed network is called BSafe and it aims at helping the Bitcoin technology proliferate and preventing hacker attacks. &#8220;Most developers in this world think that bitcoin&#8217;s fundamental cryptographic algorithm is ideal [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76,101,131,180,376,437,463,649],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Universities can have their own Bitcoin Nodes thanks to BSafe -<\/title>\n<meta name=\"description\" content=\"This private testbed network is called BSafe and it aims at helping the Bitcoin technology proliferate 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