The legacy of Tesla and Satoshi

At the end of the 19th century, two electric power transmission systems competed in the United States to finally replace steam energy. They were:

The system of direct current (DC) driven by Thomas Alva Edison and the system of alternating current (AC) whose main reference was Nikola Tesla.

Since lighting was a universal human need that electricity could solve, there was no doubt that the system that provided the solution should be simple, scalable and economical. In other words, a system that brings electricity to the largest number of cities, factories and homes in the world in an efficient and cheap way.

At the beginning of 1882 the DC system kicked off this story and was partially implemented and successfully implemented in cities like New York and London, quickly becoming a standard in the incipient electrical industry. This was managed by Edison, who controlled all the technical development and key patents of this system, with the support of financiers like JP Morgan and members of the Vanderbilt family. But this system had a great disadvantage. The flow of current circulated to 110 volts from generation to its final destination, so that its transmission range was relatively short and, to maintain the size of the expensive copper conductors from the generating plants, these had to be located in the middle of the population centers, and could only supply customers at a distance of less than 1.6 km from the plant. It was then a system of transmission of electricity cumbersome, not scalable and quite expensive.

On the contrary, the Alternating Current promoted by the entrepreneur George Westinghouse and the scientist Nikola Tesla had great advantages: to start, it allowed to increase or decrease the voltage or voltage by means of transformers, it could be transported over long distances with little loss of energy, it served quickly transform AC into DC and the motors of it were easier to handle and easier to maintain than those of DC. Therefore, the CA had a high potential for large-scale implementation, could be used to transmit large flows of electricity being dosed in smaller flows and above all it was much cheaper than the DC.

This dispute was known as "La Guerra de las Corrientes" and had its end with the massive adoption of CA by the industry. The first interurban AC transmission occurred in 1891, near Telluride, Colorado, United States, followed a few months later by Lauffen to Frankfurt in Germany. The AC became the industry standard and electric power reached the most remote places on earth. - The Tesla current brought light to each factory and each home transforming the lives of entire populations and each inhabitant of this planet.

We are in 2019, 11 years after the publication of Satoshi Nakamoto's White Paper: "Bitcoin: A User-to-User Electronic Cash System" and the birth of the "Blockchain" technology.

As two centuries ago in "the war of the currents" today they face "two models of electronic money in cash from user to user" that will fight to be the standard of the cryptographic money and will look for the massive adoption on the part of the people of the world. They are:

Bitcoin Core (BTC) driven mainly by the company "Blockstream" and section of White Paper over the years and "Bitcoin Satoshi Vision (BSV) led by Dr. Craig Steven Wright, better known as Satoshi Nakamoto, author of the White Paper and creator of Bitcoin and Blockchain technology.

The Bitcoin Core community states that BTC is the new Digital Gold. With block sizes in its chain of no more than 2MB, slow transaction times and high commissions maintain that BTC Onchain is destined for transactions of more than one bitcoin.- For Micropayments they basically present two solutions: Segwit and Lightning network (off-chain) of blocks). They argue that an enlargement in the size of the blocks would return to the centralized system.

On the other hand, Bitcoin Satoshi Vision, BitCoin has been restored to the Original version, true to what was described in the White Paper. Propose block sizes of more than 2GB and even an unlimited size, giving your blockchain the necessary scalability for mass adoption through the use of companies and people alike, with maximum payments and micro-payments all "Onchain" allowing instant transactions and with negligible costs. They argue that decentralization is not in the number of nodes and miners, but in the decentralization of the power of the community, in keeping the original protocol safe from modifications and in properly caring and encouraging the miners.

As at the end of the 19th century history repeats itself and places us as privileged witnesses.

What BitCoin, do you think will become the standard and will be used massively by humanity?

Do not answer me ... Tesla's legacy is everywhere.

Author daniello
Published Jul 06, 2019
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