Trade 100s of markets directly from your Web3 wallet. Commodities, stocks, indices, forex & crypto or earn as a liquidity provider **trade at your own risk**
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Crypto runs on stablecoins, mostly USDT and USDC. Anyone who wants to grow in this market has to let their holders in without friction. DXS is no exception.
The catch: DXS runs on BSV, and BSV has no native stablecoin. Back then it had no infrastructure for one either.
We could have issued our own stablecoin. We didn't: too costly, too heavy a regulatory load, and not a job for a trading app.
So we took the other road: a bridge that carries the stablecoins people already hold over to BSV, so they can trade on our BSV-powered pool with the money they already hold.
xitter.cf/DXSapp/status/21121996…
We've been quiet since May this year.
Starting tomorrow, one chapter a day: how we got stuck, and the solution we're building to (1) get DXS growing again, (2) raise payouts to liquidity providers and (3) bring profit recovery closer for affected traders.
Growth of DXS stopped, but volumes remained stable. Over the past 12 months, DXS averaged $700k in volume a day and paid its liquidity providers about $60 a day.
We've been quiet since May this year.
Starting tomorrow, one chapter a day: how we got stuck, and the solution we're building to (1) get DXS growing again, (2) raise payouts to liquidity providers and (3) bring profit recovery closer for affected traders.
Growth of DXS stopped, but volumes remained stable. Over the past 12 months, DXS averaged $700k in volume a day and paid its liquidity providers about $60 a day.
DXS: Self-Сustodial Access To Financial Markets retweeted
WHAT HAPPENED TO BSV?
Most people know the first half of the answer.
Far fewer have looked at the second.
In 2024, the High Court rejected Craig Wright’s claim to be Satoshi Nakamoto. The ruling landed on a network already carrying years of conflict, reputational damage and steep price decline.
That is part of the record. This is not an attempt to minimize or relitigate it.
But a judgment about one person was never a judgment on everything other people would build.
Look at just the past two weeks:
A small robot accepted 100 satoshis per command, verified each payment itself in 81 milliseconds, then moved. Every direction had its own on-chain transaction. The entire night of testing cost about three cents. It was built in one evening on BRC-105.
HandCash publicly asked whether it should release a BRC-100 wallet, then previewed an open-source, peer-to-peer, BRC-compliant self-hosted wallet. Wallet interoperability is moving from a specification toward competing implementations.
BSV Browser v1.5.6 reached Android, putting user-held keys, identity and micropayments inside an open-source, vendor-neutral browser. Independently, another developer built a BRC-100 wallet dashboard with per-application spending budgets.
A public risk review of BRC-100 prompted a detailed technical exchange. An overstated claim was acknowledged and corrected, the guidance was revised, and the remaining risks stayed open for debate.
That last example matters as much as the products do. Healthy engineering is not the absence of criticism. It is criticism producing better specifications, clearer responsibilities and stronger implementations.
None of this proves BSV has “won.”
It does not erase past mistakes, guarantee adoption or exempt anyone’s work from hard questions.
It proves something narrower—and more useful:
The correct tense is not “died.”
BSV today is a live builder experiment around a specific thesis: keep the base protocol stable enough to reduce repeated political fights, publish open standards above it, encourage independent implementations, and judge the result by reliability, developer experience, adoption and user value.
That is not a claim to moral superiority. It is a design choice. It should be evaluated by what it produces.
Adam is right about one narrow point: consensus determines what a network accepts.
But that is different from permission to experiment. Different groups can test different ideas. Developers, users, miners and markets ultimately decide what earns a future.
So, what happened to BSV?
A public identity story collapsed.
Price and reputation took heavy damage.
The builders kept going.
And lately, their work has become much harder to dismiss without first looking at it.
You do not have to approve of BSV. You do not have to agree with its design choices.
Just update the record.
Remember when Bitcoin did not need permission?
The builders remember.
Recent work and primary sources:
Court judgment:
judiciary.uk/judgments/copa-…
BRC-105 robotic-car demonstration:
xitter.cf/71Nous/status/20815053…
HandCash and BRC-100:
xitter.cf/handcashapp/status/208…
xitter.cf/handcashapp/status/208…
BSV Browser release:
xitter.cf/deggen/status/20840846…
Independent BRC-100 wallet dashboard:
xitter.cf/hbgnostic/status/20850…
Public risk review and revised guidance:
xitter.cf/BitcoinSvGuide/status/…
Open application stack:
github.com/bsv-blockchain/ts…
DXS: Self-Сustodial Access To Financial Markets retweeted
Useful infrastructure step.
Developers should not need a large operating budget — or dependence on one gateway — to connect applications directly to a public network.
The $5 VPS detail is small. The larger direction is independently operated access to BSV Blockchain becoming easier.
#BSV #DigitalInfrastructure
Introducing self-hosted Infura for BSV. On a $5 VPS.
Today the DXS team is shipping Consigliere 2.0 (alpha): we welcome testers to find bugs and try the brand-new UI (see video).
Every developer can now run their own instance on a $5 VPS and talk to the network directly.
Decentralized access to a decentralized network. → github.com/dxsapp/dxs-consig…
How does it work: Consigliere is based on a so-called thin BSV node.
It doesn't store the full chain. It connects straight to the network nodes over their own P2P protocol — a full participant, just lightweight.
Why that matters:
Before, broadcasting a tx or checking a balance meant interacting with API — WhatsOnChain, Bitails, JungleBus. Now you, as a developer or picky user, can talk to the network yourself. Providers stay only as a fallback and as independent witnesses for verification (see on video).
So every user reaches the network directly: broadcast, refresh balances, recover a wallet, read tx history — all on their own machine or a $5 VPS. No third-party services needed.
Under the hood: an indexer with a built-in light node: effectively a pruned node with no sync required.
Possible only on Bitcoin (BCH and BTC included).
Alpha's live → github.com/dxsapp/dxs-consig…
Comes with full STAS 3.0 support @StasToken
Introducing self-hosted Infura for BSV. On a $5 VPS.
Today the DXS team is shipping Consigliere 2.0 (alpha): we welcome testers to find bugs and try the brand-new UI (see video).
Every developer can now run their own instance on a $5 VPS and talk to the network directly.
Decentralized access to a decentralized network. → github.com/dxsapp/dxs-consig…
How does it work: Consigliere is based on a so-called thin BSV node.
It doesn't store the full chain. It connects straight to the network nodes over their own P2P protocol — a full participant, just lightweight.
Why that matters:
Before, broadcasting a tx or checking a balance meant interacting with API — WhatsOnChain, Bitails, JungleBus. Now you, as a developer or picky user, can talk to the network yourself. Providers stay only as a fallback and as independent witnesses for verification (see on video).
So every user reaches the network directly: broadcast, refresh balances, recover a wallet, read tx history — all on their own machine or a $5 VPS. No third-party services needed.
Under the hood: an indexer with a built-in light node: effectively a pruned node with no sync required.
Possible only on Bitcoin (BCH and BTC included).
Alpha's live → github.com/dxsapp/dxs-consig…
Comes with full STAS 3.0 support @StasToken
As per the below warning from @handcashapp, some DXS trades paid via Handcash are being invalidated after opening (only Handcash users are affected).
Some transactions are initially confirmed as broadcast to the network, which opens the trade as expected. However, in a small number of cases, those transactions later fail to be included in a block and are dropped. When that happens, the corresponding DXS trade is invalidated after it has already been opened.
DXS: Self-Сustodial Access To Financial Markets retweeted
How good is Teranode? Why not test for yourself.
Today, you can fire tens of thousands of transactions by visiting txblaster.xyz/
Available on Handcash.
DXS: Self-Сustodial Access To Financial Markets retweeted
Divisible UTXO swaps enable real L1 peer-to-peer order books.
No matching engine. Just Bitcoin Script.
Multisig protects treasuries with m-of-n approval.
Public keys stay hidden until the spend.
Multi-party sign-off on every mint and burn.
Configurable at issuer-level compliance with a designated authority now able execute regulatory orders directly on-chain.
No off-chain detours. No issuers, miners, or foundations/associations in the loop.
On-chain script-enforced - no intermediaries.
STAS 3.0 script template makes this real 👇
medium.com/@Stas33496115/bit…
$BSV equipped with @StasToken solves everything that's broken about DeFi today:
Regulatory Risk & Centralization
Any utility token that appreciates with platform growth is deemed a security under the Howey Test. Governance tokens are not decentralization; they are centralized control with extra steps, creating a massive regulatory target.
Inherent Scaling Limits
Any account-based system is limited in throughput by design. Serialized transaction processing creates a bottleneck that prevents it from ever becoming a global settlement layer.
Poor Market Maker Environment
On-chain latency and unreliable transaction signals force market makers to widen spreads and carry excess capital, leading to thin, fragile liquidity.
The DeFi has optimized for speculation, not fundamental infrastructure. $BSV and @StasToken are here to change it.
Next week we will release the SDK that unlocks Layer-1 tokenization, smart contracting, and P2P order books on #BSV; all powered by @StasToken. The last missing piece BSV needs.
The path to global adoption does not run through crypto Twitter arguments, lawsuits, or insistence that the world recognize BSV as “the real Bitcoin.”
It runs through the boring, difficult work that made Linux dominant: independent governance, enterprise-grade packaging, institutional champions, killer applications, and the wisdom to let the technology speak by making itself invisible inside solutions people actually need.
BSV’s chance of transforming society and winning digital sovereignty requires a complete transformation of everything surrounding the protocol itself.
DXS: Self-Сustodial Access To Financial Markets retweeted
If you're a reader, and want to know what happened with Jane Street and BTC market manipulation over the last year, give this a read!
kurtwuckertjr.com/post/jane-…
DXS: Self-Сustodial Access To Financial Markets retweeted
JEFFREY EPSTEIN HIJACKED BITCOIN AND NO ONE IS TALKING ABOUT IT
Jeffrey Epstein didn't just traffic people. He hijacked Bitcoin.
We found it in the files. Exposed it on The Corbett Report today.
Epstein funded the MIT developers who killed Bitcoin as peer-to-peer cash. His crypto advisor Brock Pierce ran the Bitcoin Foundation into the ground, then handed development funding to MIT where Epstein's money was explicitly earmarked for the core devs. We have the emails.
Epstein invested in Blockstream, the company that only exists if Bitcoin stays throttled at 7 transactions per second. Then his money funded the developers who made that permanent.
Pierce co-founded Tether. A University of Texas study found over 50% of Bitcoin's 2017 price pump came from unbacked Tether printing. The CFTC found only 27 cents backing every dollar of Tether. They manufactured the "digital gold" narrative with fake money.
Tether has never passed an audit. Not once. No firm will even work with them.
Then Howard Lutnick, Epstein's literal next door neighbor who lied under oath about their relationship, invested $600M in Tether through Cantor Fitzgerald. His firm now manages all of Tether's treasury reserves.
Lutnick went from fundraising for Hillary Clinton to chairing Trump's transition team. He installed Bo Hines as White House crypto advisor. Together they pushed the Genius Act, which requires all stablecoins to be backed by US Treasuries, managed by Lutnick's firm.
10 days after the Genius Act passed, Hines quit the White House and became CEO of Tether's US subsidiary.
The Genius Act is not crypto innovation. It is a backdoor CBDC that funds $3 trillion in additional government debt while making Lutnick's firm the biggest beneficiary.
And there is something worse coming. The Clarity Act will tokenize everything you own. Your stocks, 401k, commodities, real estate. All programmable, trackable, seizeable. Combined with legal changes already made in all 50 states since 1994, when the next financial collapse hits, your assets transfer to the four largest banks with a click of a button.
Every player is connected. Every move was coordinated. This is not Big Short 2.0. This is Big Short 2.0 on steroids, pre-planned and run by the same network that already owns the outcome.
DXS: Self-Сustodial Access To Financial Markets retweeted
In light of newly revealed Epstein emails showing his investment connections to Blockstream's 2014 seed round, it's worth revisiting how Bitcoin GitHub access ended up with small blockers.
Gavin Andresen stepped down April 2014. Blockstream founded October 2014. The rest is history.
Looks like Adam Back had some Caribbean fun with Jeffrey Epstein too, and Austin Hill (Blockstream’s moneybags guy with Reid Hoffman) wanted Jeffrey to own a bigger chunk of Blockstream equity.
Again, a decade ago, we were screaming that there was a major psyop to take over bitcoin, and now it’s all coming out.
Finally!
