Marcin Zarakowski interview

BSV listing on Huobi Japan is a huge step, but it’s just the beginning, says Marcin Zarakowski to CoinGeek Backstage

A few weeks ago, CoinGeek reported that Huobi Japan had announced that they would list BSV, making the digital currency available to one of the largest markets in the world. Marcin Zarakowski is among the people working behind the scenes to make this happen, and as he told CoinGeek Backstage, this was just the beginning. Several stock exchanges are lined up to make BSV easily accessible globally.

CoinGeek Backstage host Jon Southurst caught up with Zarakowski on the sidelines BSV Global Blockchain Convention In Dubai. Zarakowski, General Counsel and Chief of Staff of the BSV Blockchain Association, spoke about why the listing was monumental and why the future looks bright for BSV.

The entire Bitcoin community celebrated listing of Huobi Japan, but few were aware of how much work had been put into it. As Zarakowski said, listing in Japan is a tedious process that only a select few digital currencies ever achieve.

It starts with being whitelisted by the regulators. For this, a project must apply and then break down how the technology works, the consensus mechanism, the risks it comes with and even submit its white paper for review, which for BSV “was pretty straightforward because we provided the Satoshi Nakamoto White Paper,” Zarakowski told CoinGeek Backstage.

– The whole process was quite long. We started more than a year ago “, he revealed.

In addition to the application, a project must have a local sponsor in the form of a licensed local exchange. For BSV, it was Huobi Japan.

The list is huge for the entire Bitcoin ecosystem, but it is perhaps even more satisfactory for Zarakowski. The lawyer joined the non-profit association in April 2021, and he said getting BSV at Huobi Japan was one of the quick tasks he was given.

Zarakowski has taken on the responsibility of exchange seekers during his time at the BSV Blockchain Association. And while he is being praised for new lists, he is also facing the heat of delisting. But as he told CoinGeek Backstage, not all delistings are political. Sometimes BSV’s unlimited scaling has been a headwind. Since replacements have been required to run an entire node, it can be quite costly as BSV processes millions transactions Daily.

This challenge has been addressed through the launch of LiteClient, which allows true peer-to-peer connectivity and enables exchanges and wallet providers to “store only blockheaders and Merkle roots.”

Zarakowski thinks so the launch of LiteClient will solve the problem faced by several exchanges that delisted BSV and allow them to relist the digital currency.

At the BSV Global Blockchain Convention, Zarakowski moderated a panel that dug into the future of digital asset exchanges and investments. The panel included executives from some of the most prominent digital asset exchanges globally. One of these panelists was Valentin Preobrazhenskiy, CEO of LATOKEN stock exchange, and he had a big announcement for the audience – his stock exchange listed BSV.

As Zarakowski shared, the listing is almost complete and the two teams – the association and LATOKEN – have just completed the minor technical details.

“That’s not all. There will be other announcements about listing BSV on other digital access exchanges … keep an eye out,” he concluded.

Look at: BSV Global Blockchain Convention panel, Law & Order: Regulatory Compliance for Blockchain

New to Bitcoin? Check out CoinGeeks Bitcoin for beginners section, the ultimate resource guide for learning more about Bitcoin – originally conceived by Satoshi Nakamoto – and blockchain.

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